47840 Zip Code

April 23, 2024

Zip Code:	47840
City/Town:	Sugar Ridge
State:	Indiana

Population:	1,500
Per Capita Income:	$20,213
Mean Household Income:	$59,884

Total Housing Units:	593
Median Home Value:	$85,300
Median Year Homes Built:	1970

Land Area:	53.1 sq miles 137.6 sq kilometers
Water Area:	0.5 sq miles 1.4 sq kilometers

Population Information (47840 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,500

Male:

745

49.7%

49.2%

Female:

755

50.3%

50.8%

Median Age:

42.5 yrs

37.2 yrs

Under 5 years:

4.9%

6.5%

5 to 9 years:

7.5%

6.6%

10 to 19 years:

208

13.9%

13.8%

20 to 29 years:

181

12.1%

13.8%

30 to 39 years:

160

10.7%

13.0%

40 to 49 years:

237

15.8%

14.2%

50 to 59 years:

244

16.3%

13.6%

60 to 69 years:

154

10.3%

9.4%

70 to 79 years:

101

6.7%

5.4%

80 years and over:

4.1%

3.7%

Housing Information (47840 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$85,300

$119,600

Median year homes build:

1970

1971

Median real estate taxes:

$705 / yr.

$1,334 / yr.

Median rent:

$416 / mo.

$519 / mo.

Total households:

593

Family households:

436

73.5%

66.4%

Nonfamily households:

157

26.5%

33.6%

Households with individuals under 18 years:

182

30.7%

33.4%

Households with individuals 65 years and over:

165

27.8%

24.9%

Average household size:

2.5

Average family size:

2.9

Total housing units:

696

Occupied housing units:

593

85.2%

88.6%

Vacant housing units:

103

14.8%

11.4%

For rent:

1.3%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.3%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

5.0%

3.5%

All other vacants:

7.0%

2.8%

Homeowner vacancy rate:

1.8%

2.4%

Rental vacancy rate:

8.6%

9.2%

Owner-occupied housing units:

497

Population in owner-occupied housing units:

1,259

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

241

Average household size of renter-occupied units:

2.5

2.44

Educational Attainment (47840 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,058

Less than 9th grade:

3.1%

6.2%

9th to 12th grade, no diploma:

104

9.8%

8.7%

High school graduate (includes equivalency):

474

44.8%

29.0%

Some college, no degree:

204

19.3%

20.6%

Associate degree:

106

10.0%

7.5%

Bachelor's degree:

8.3%

17.6%

Graduate or professional degree:

4.6%

10.3%

Percent high school graduate or higher:

87.1%

85.0%

Percent bachelor's degree or higher:

12.9%

27.9%

Income Information (47840 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

594

39.6%

50.4%

Median income:

$27,457 / yr.

$27,932 / yr.

Full-time, year-round workers:

378

25.2%

59.7%

Median income:

$31,705 / yr.

$38,349 / yr.

Females 15 years and over with income:

606

40.4%

49.6%

Median income:

$13,571 / yr.

$16,327 / yr.

Full-time, year-round workers:

225

15.0%

40.3%

Median income:

$26,058 / yr.

$28,135 / yr.

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