| ZIP Code | 47840 |
|---|---|
| City | Centerpoint |
| State | Indiana (IN) |
| County | Clay County |
| Area Code | 812/930 |
| Elevation | 595 ft |
| Latitude | 39.407266 |
|---|---|
| Longitude | -87.061932 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18021 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.7 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.66 |
| Below Poverty | 13.4% ▲ 34% above avg |
| College Grads | 43.9% ▲ 13% above avg |
| Unemployment | 10.4% ▲ 113% above avg |
| No HS Diploma | 5 (0.4%) |
| HS Graduate | 264 (23.4%) |
| Some College | 156 (13.8%) |
| Associates | 208 (18.4%) |
| Bachelors | 157 (13.9%) |
| Graduate Degree | 339 (30%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $83,421 ▲ 9% above avg ↑ 29% since 2019 |
|---|---|
| Median Home Value | $150,700 ▼ 46% below avg ↑ 34% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $825/mo ↑ 30% since 2019 |
| Total Units | 847 |
| Vacant Units | 131 |
| Avg HH Size | 2.66 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 847 |
|---|---|
| Vacant | 131 |
| Owner Occupied | 84.6% |
| Renter Occupied | 15.4% |
| Avg HH Size | 2.66 |
ZIP code 47840 is located in Centerpoint, Indiana, within Clay County. With a population of 1,903, this is a sparsely populated ZIP code with a relatively young community — the median age is 37.7 years. Economically, 47840 is a middle-income ZIP code: the median household income of $83,421 is near the national average.
Real estate in ZIP code 47840 represents an affordable housing market. The median home value of $150,700 is below the national average. Renters can expect to pay around $825 per month in median rent. Homeownership is strong here — 84.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 34% since 2019.
The population of 47840 is primarily White (97.32%). Residents are well-educated — 43.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 13.4%. Household income has grown by 29% since 2019.
The unemployment rate in 47840 stands at 10.4%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 47840 in Centerpoint, IN is characterized as middle-income, well-educated, a relatively young community, and predominantly owner-occupied. With 1,903 residents, a median household income of $83,421, and a median home value of $150,700, it offers a clear picture of life in this part of Indiana.