| ZIP Code | 47964 |
|---|---|
| City | Mount Ayr |
| State | Indiana (IN) |
| County | Newton County |
| Area Code | 219 |
| Elevation | 705 ft |
| Latitude | 40.952296 |
|---|---|
| Longitude | -87.299596 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18111 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.5 yrs ↑ 12% since 2019 |
|---|---|
| Avg Household Size | 2.33 |
| Below Poverty | 22.6% ▲ 126% above avg |
| College Grads | 8.2% ▼ 79% below avg |
| Unemployment | 2.3% ▼ 52% below avg |
| HS Graduate | 38 (62.3%) |
| Some College | 14 (23%) |
| Associates | 4 (6.6%) |
| Bachelors | 2 (3.3%) |
| Graduate Degree | 3 (4.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $45,000 ▼ 41% below avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $88,500 ▼ 68% below avg ↑ 17% since 2019 |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Total Units | 47 |
| Vacant Units | 7 |
| Avg HH Size | 2.33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 47 |
|---|---|
| Vacant | 7 |
| Owner Occupied | 97.5% |
| Renter Occupied | 2.5% |
| Avg HH Size | 2.33 |
ZIP code 47964 is located in Mount Ayr, Indiana, within Newton County. With a population of 93, this is a sparsely populated ZIP code with a mature community — the median age is 45.5 years. Economically, 47964 is a working-class ZIP code: the median household income of $45,000 is below the national average.
Real estate in ZIP code 47964 represents one of the more affordable housing markets in the country. The median home value of $88,500 is well below the national average. Homeownership is strong here — 97.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 17% since 2019.
The population of 47964 is primarily White (100.00%). Residents are less-educated — 8.2% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 22.6%. Household income has grown by 20% since 2019.
The unemployment rate in 47964 stands at 2.3%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 94%.
Overall, ZIP code 47964 in Mount Ayr, IN is characterized as working-class, less-educated, a mature community, and predominantly owner-occupied. With 93 residents, a median household income of $45,000, and a median home value of $88,500, it offers a clear picture of life in this part of Indiana.