Zip code 47340: Farmland, Indiana

Q: What city is zip code 47340?

47340 is assigned to Farmland, Indiana. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 47340 in?

47340 is in Randolph County, Indiana.

Q: What is the population of 47340?

About 3,051 people live in 47340, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 47340?

The median household income in 47340 is $63,205.

Q: What zip codes are near 47340?

The closest zip codes to 47340 are 47368, 47383, 47394, 47358, 47380.

Residential delivery areaRandolph CountyEastern Time

Population

3,051

Median household income

$63K

U.S. $81K

Median home value

$175K

U.S. $333K

Median rent

$876/mo

U.S. $1,413

Median age

41.8

U.S. 38.9

Land area

53 sq mi

57 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 47340

47340 is a small-town zip code in Farmland, Indiana (Randolph County), covering 53 sq mi of land. About 3,051 people live here, or 57 per square mile. The median resident is 41.8 years old, compared with 38.9 nationally.

The median household earns $63,205 a year, 22% below the national median of $80,734. 12.7% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $175,200, or 2.8 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 76% of occupied homes are lived in by their owners, and renters pay a median of $876 a month.

25% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 25.3 minutes each way, and 4% of workers work from home. The most common jobs among working residents are in healthcare; office and administrative support; and transportation and moving goods.

How 47340 compares

Sorted from highest to lowest national percentile

Healthcare workers20.4%
99th
U.S. 9.7% · IN 9.8%17th of 745 in IN
Rent-burdened renters62.8%
89th
WeaknessU.S. 51.1% · IN 48.1%70th of 716 in IN
Residents 65 and older21.3%
80th
U.S. 17.2% · IN 16.8%193rd of 745 in IN
Median age41.8
70th
U.S. 38.9 · IN 38.1302nd of 745 in IN
Veterans7.3%
70th
U.S. 6.2% · IN 6.3%300th of 745 in IN
Homeownership rate76.1%
69th
U.S. 65.2% · IN 70.6%494th of 742 in IN
Housing vacancy8.1%
61st
U.S. 10.1% · IN 8.8%371st of 742 in IN
Poverty rate12.7%
59th
U.S. 12.5% · IN 12.3%251st of 742 in IN
Average commute25.3 min
45th
U.S. 26.4 min · IN 24.1 min387th of 726 in IN
Residents under 1820.9%
39th
U.S. 22% · IN 23.3%483rd of 745 in IN
Median earnings per worker$44,313
38th
U.S. $49,666 · IN $46,609426th of 740 in IN
Government workers12.3%
38th
U.S. 14.5% · IN 11.7%286th of 745 in IN
Self-employed workers8.1%
34th
U.S. 10% · IN 8%365th of 745 in IN
Bachelor's degree or higher24.8%
33rd
U.S. 35.7% · IN 29.5%225th of 744 in IN
Uninsured rate5%
33rd
U.S. 8.4% · IN 7.4%433rd of 745 in IN
Broadband access89.3%
30th
U.S. 91% · IN 89.9%349th of 742 in IN
Median household income$63,205
26th
U.S. $80,734 · IN $71,957489th of 719 in IN
Per capita income$31,765
24th
U.S. $44,673 · IN $38,351492nd of 744 in IN
Median home value$175,200
16th
U.S. $332,700 · IN $218,200368th of 719 in IN
Median gross rent$876
12th
U.S. $1,413 · IN $1,062383rd of 640 in IN
Unemployment rate2.7%
12th
StrengthU.S. 5.2% · IN 4.3%468th of 745 in IN
Population density57/sq mi
8th
U.S. 95/sq mi · IN 191/sq mi485th of 745 in IN
Income inequality (Gini)0.376
8th
StrengthU.S. 0.483 · IN 0.452486th of 740 in IN
Foreign-born residents1%
6th
U.S. 14.1% · IN 6.3%436th of 745 in IN
Population3,051
5th
U.S. 334,922,499 · IN 6,851,073386th of 745 in IN
Work from home4%
5th
U.S. 15.1% · IN 10.7%560th of 745 in IN
Tech workers0.2%
4th
U.S. 3.8% · IN 2.5%564th of 745 in IN
Diversity index8.9
3rd
U.S. 61.4 · IN 41.4539th of 745 in IN

Measure	47340	Randolph	IN	U.S.	National percentile	Rank in IN
Healthcare workers	20.4%	11.3%	9.8%	9.7%	99th	17th of 745
Rent-burdened rentersWeakness	62.8%	49.1%	48.1%	51.1%	89th	70th of 716
Residents 65 and older	21.3%	20.6%	16.8%	17.2%	80th	193rd of 745
Median age	41.8	42.3	38.1	38.9	70th	302nd of 745
Veterans	7.3%	7.9%	6.3%	6.2%	70th	300th of 745
Homeownership rate	76.1%	77.3%	70.6%	65.2%	69th	494th of 742
Housing vacancy	8.1%	9.2%	8.8%	10.1%	61st	371st of 742
Poverty rate	12.7%	15.8%	12.3%	12.5%	59th	251st of 742
Average commute	25.3 min	24.3 min	24.1 min	26.4 min	45th	387th of 726
Residents under 18	20.9%	22.7%	23.3%	22%	39th	483rd of 745
Median earnings per worker	$44,313	$42,441	$46,609	$49,666	38th	426th of 740
Government workers	12.3%	12.6%	11.7%	14.5%	38th	286th of 745
Self-employed workers	8.1%	7.4%	8%	10%	34th	365th of 745
Bachelor's degree or higher	24.8%	15.1%	29.5%	35.7%	33rd	225th of 744
Uninsured rate	5%	7.2%	7.4%	8.4%	33rd	433rd of 745
Broadband access	89.3%	86.3%	89.9%	91%	30th	349th of 742
Median household income	$63,205	$60,791	$71,957	$80,734	26th	489th of 719
Per capita income	$31,765	$32,537	$38,351	$44,673	24th	492nd of 744
Median home value	$175,200	$113,400	$218,200	$332,700	16th	368th of 719
Median gross rent	$876	$723	$1,062	$1,413	12th	383rd of 640
Unemployment rateStrength	2.7%	4.5%	4.3%	5.2%	12th	468th of 745
Population density	57/sq mi	54/sq mi	191/sq mi	95/sq mi	8th	485th of 745
Income inequality (Gini)Strength	0.376	0.433	0.452	0.483	8th	486th of 740
Foreign-born residents	1%	2.4%	6.3%	14.1%	6th	436th of 745
Population	3,051	24,387	6,851,073	334,922,499	5th	386th of 745
Work from home	4%	5.6%	10.7%	15.1%	5th	560th of 745
Tech workers	0.2%	1%	2.5%	3.8%	4th	564th of 745
Diversity index	8.9	17.4	41.4	61.4	3rd	539th of 745

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Under 5

14%

5–17

10%

18–24

10%

25–34

12%

35–44

14%

45–54

12%

55–64

14%

65–74

75+

Median age

41.8

Under 18

20.9%

65 and over

21.3%

Race and ethnicity

White95%
Black0%
Hispanic0.8%
Asian0.1%
Native American0.2%
Pacific Islander0.3%
Other0%
Multiracial3%

Diversity index

8.9

U.S. 61.4

Foreign-born

U.S. 14.1%

Born in state

88.9%

Language spoken at home (households)

English only

97%

Spanish

Other Indo-European

Asian / Pacific

0.2%

Other

Households

Households: 1,306
Average household size: 2.3
Family households: 71.5%
Married couples: 61.2%
Living alone: 22.5%
Veterans (of adults): 7.3%
Male / female: 48% / 52%

Income and poverty

Household income distribution

<$25k

15%

$25–50k

28%

$50–75k

15%

$75–100k

10%

$100–150k

18%

$150–200k

12%

$200k+

0.9%

Median household income

47340

$63,205

Randolph Co.

$60,791

Indiana

$71,957

United States

$80,734

Per capita income

$31,765

U.S. $44,673

Poverty rate

12.7%

U.S. 12.5%

Households earning $150K+

13.1%

U.S. 23%

Income inequality (Gini)

0.376

U.S. 0.483

Housing

Median home value

47340

$175,200

Randolph Co.

$113,400

Indiana

$218,200

United States

$332,700

Median gross rent

47340

$876

Randolph Co.

$723

Indiana

$1,062

United States

$1,413

Types of housing

Single-family

90%

2–4 units

5–19 units

0.2%

20+ units

Mobile home

Boat, RV, van

Housing units: 1,421
Owner-occupied: 76.1%
Vacant: 8.1%
Median year built: 1967
Median rooms: 6.3
Renters paying 30%+ of income: 62.8%
Renters paying 50%+ of income: 24.2%
Home value to income: 2.8× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

83%

Carpooled

Transit

0.3%

Walked

Bicycle

0.5%

Worked from home

Other

Commute time (one way)

<10 min

21%

10–19

22%

20–29

27%

30–44

18%

45–59

60+

Average commute

25.3 min

U.S. 26.4 min

Unemployment

2.7%

U.S. 5.2%

In labor force

60%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Healthcare

20%

Office and admin

11%

Transportation and moving

10%

Production

Construction and repair

Engineering and science

Cleaning and personal care

Sales

Management

Food service

Education

Farming, fishing and forestry

Business and finance

0.8%

Police and fire

0.8%

Arts, media and sports

0.6%

Computer and math

0.2%

Legal and social services

0.2%

Industries

Health care and social assistance

23%

Agriculture and mining

11%

Retail

Manufacturing

Education

Transportation, warehousing and utilities

Construction

Other services

Admin, support and management

Restaurants and hotels

Professional and technical services

Finance, insurance and real estate

Arts and recreation

Public administration

Information

Wholesale

Median earnings per worker

$44,313

U.S. $49,666

Self-employed

8.1%

U.S. 10%

Government workers

12.3%

U.S. 14.5%

Nonprofit workers

8.5%

U.S. 8.8%

Median earnings by type of work

Type of work	47340	U.S.
Management, business, science and arts	$54,853	$74,888
Service	$14,000	$26,804
Sales and office	$32,132	$40,476
Construction and maintenance	$46,146	$49,199
Production and transportation	$45,815	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

40%

Some college

16%

Associate's

11%

Bachelor's

19%

Graduate

High school graduate or higher: 92.5%
Bachelor's degree or higher: 24.8%
Graduate or professional degree: 5.6%
Households with broadband: 89.3%
Cable, fiber or DSL: 57%
No internet access: 9.6%
Without health insurance: 5%
Limited-English households: 0.8%

Geography

City (USPS): Farmland
State: Indiana
County: Randolph County
Center point: 40.1808° N, 85.1337° W
Land area: 53 sq mi
Water area: 0.1 sq mi
Time zone: Eastern Time (UTC-5, UTC-4 in summer)
Zip type: Residential delivery area

Zip codes near 47340

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
47368	Parker City, IN	3.2 mi	2,086	$73,654	$115,000
47383	Selma, IN	7.2 mi	2,612	$61,250	$135,400
47394	Winchester, IN	7.8 mi	7,879	$59,913	$111,300
47358	Modoc, IN	8.6 mi	818	$79,063	$131,700
47380	Ridgeville, IN	8.6 mi	1,924	$57,000	$99,900
47320	Albany, IN	9.7 mi	4,563	$69,764	$137,500
47354	Losantville, IN	10 mi	1,182	$66,566	$120,900
47373	Redkey, IN	11 mi	2,200	$51,532	$98,900
47382	Saratoga, IN	12 mi	144	$48,750	$60,000
47302	Muncie, IN	13 mi	25,473	$47,837	$76,800
47305	Muncie, IN	13 mi	3,556	$36,389	$77,800
47360	Mooreland, IN	13 mi	1,643	$76,250	$187,200

Zip codes like 47340 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 47340

What city is zip code 47340?

47340 is assigned to Farmland, Indiana. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 47340 in?

47340 is in Randolph County, Indiana.

What is the population of 47340?

About 3,051 people live in 47340, according to the Census Bureau's American Community Survey.

What time zone is 47340 in?

47340 is in Eastern Time.

What is the median household income in 47340?

The median household income in 47340 is $63,205.

What zip codes are near 47340?

The closest zip codes to 47340 are 47368, 47383, 47394, 47358, 47380.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 47340, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.