ZipCodeLook
47943

Zip code 47943: Fair Oaks, Indiana

Residential delivery areaNewton CountyCentral Time
Population
992
Median household income
$78K
U.S. $81K
Median home value
$348K
U.S. $333K
Median rent
—
U.S. $1,413
Median age
41.5
U.S. 38.9
Land area
66 sq mi
15 people/sq mi

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

About 47943

47943 is a rural zip code in Fair Oaks, Indiana (Newton County), covering 66 sq mi of land. About 992 people live here, or 15 per square mile. The median resident is 41.5 years old, compared with 38.9 nationally.

The median household earns $77,857 a year, close to the national median of $80,734. 21.5% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $348,200, or 4.5 years of median household income (U.S.: 4.1 years), which makes homes about as affordable as the national average for local earners. 85% of occupied homes are lived in by their owners.

8% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 32.3 minutes each way, and 0% of workers work from home. The most common jobs among working residents are in construction and repair; farming, fishing and forestry; and healthcare. 20% of households speak a language other than English at home, most often Spanish.

How 47943 compares

Sorted from highest to lowest national percentile

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

Median age
41.5
Under 18
26%
65 and over
7.7%

Race and ethnicity

  • White65%
  • Black0%
  • Hispanic29%
  • Asian0%
  • Native American0%
  • Pacific Islander0%
  • Other3%
  • Multiracial4%
Diversity index
49.7
U.S. 61.4
Foreign-born
17%
U.S. 14.1%
Born in state
75%

Language spoken at home (households)

English only
80%
Spanish
20%
Other Indo-European
0%
Asian / Pacific
0%
Other
0%

Households

Households
378
Average household size
2.6
Family households
78.3%
Married couples
56.6%
Living alone
9%
Veterans (of adults)
6.9%
Male / female
58% / 42%

Income and poverty

Household income distribution

<$25k
22%
$25–50k
23%
$50–75k
3%
$75–100k
12%
$100–150k
29%
$150–200k
4%
$200k+
8%

Median household income

47943
$77,857
Newton Co.
$75,481
Indiana
$71,957
United States
$80,734
Per capita income
$31,881
U.S. $44,673
Poverty rate
21.5%
U.S. 12.5%
Households earning $150K+
11.9%
U.S. 23%
Income inequality (Gini)
0.422
U.S. 0.483

Housing

Median home value

47943
$348,200
Newton Co.
$171,500
Indiana
$218,200
United States
$332,700

Median gross rent

47943
—
Newton Co.
$918
Indiana
$1,062
United States
$1,413

Types of housing

Single-family
88%
2–4 units
12%
5–19 units
0%
20+ units
0%
Mobile home
0%
Boat, RV, van
0%
Housing units
396
Owner-occupied
85.4%
Vacant
4.5%
Median year built
2005
Median rooms
5.7
Renters paying 30%+ of income
87.3%
Renters paying 50%+ of income
0%
Home value to income
4.5× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
95%
Carpooled
5%
Transit
0%
Walked
0%
Bicycle
0%
Worked from home
0%
Other
0%

Commute time (one way)

<10 min
9%
10–19
14%
20–29
37%
30–44
19%
45–59
0%
60+
21%
Average commute
32.3 min
U.S. 26.4 min
Unemployment
0%
U.S. 5.2%
In labor force
52.7%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Construction and repair
19%
Farming, fishing and forestry
18%
Healthcare
14%
Office and admin
11%
Police and fire
9%
Engineering and science
8%
Business and finance
7%
Management
5%
Production
4%
Education
3%
Transportation and moving
3%
Computer and math
0%
Legal and social services
0%
Arts, media and sports
0%
Food service
0%
Cleaning and personal care
0%
Sales
0%

Industries

Construction
28%
Agriculture and mining
20%
Health care and social assistance
14%
Manufacturing
12%
Transportation, warehousing and utilities
10%
Public administration
9%
Education
5%
Wholesale
2%
Retail
0%
Professional and technical services
0%
Restaurants and hotels
0%
Finance, insurance and real estate
0%
Admin, support and management
0%
Other services
0%
Information
0%
Arts and recreation
0%
Median earnings per worker
$62,540
U.S. $49,666
Self-employed
11.4%
U.S. 10%
Government workers
20.4%
U.S. 14.5%
Nonprofit workers
6.7%
U.S. 8.8%

Median earnings by type of work

Type of work47943U.S.
Management, business, science and arts$72,875$74,888
Service—$26,804
Sales and office$43,988$40,476
Construction and maintenance$37,050$49,199
Production and transportation—$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
19%
High school
38%
Some college
17%
Associate's
18%
Bachelor's
4%
Graduate
4%
High school graduate or higher
80.5%
Bachelor's degree or higher
8.1%
Graduate or professional degree
4%
Households with broadband
100%
Cable, fiber or DSL
70.9%
No internet access
0%
Without health insurance
9.9%
Limited-English households
14.6%

Geography

City (USPS)
Fair Oaks
State
Indiana
Center point
41.0644° N, 87.2838° W
Land area
66 sq mi
Water area
0.1 sq mi
Time zone
Central Time (UTC-6, UTC-5 in summer)
Zip type
Residential delivery area

47943 spans 2 counties

Zip codes near 47943

ZipCityDistanceIncome
46372Roselawn · PO box5.8 mi—
47964Mount Ayr7.8 mi$49,250
46349Lake Village8 mi$82,306
46381Thayer8.2 mi$64,821
46310Demotte8.4 mi$73,789
46377Shelby9.6 mi$38,958
46379Sumava Resorts9.9 mi—
47978Rensselaer10 mi$71,616
47963Morocco11 mi$75,000
46376Schneider13 mi$64,205
47922Brook13 mi$61,033
46392Wheatfield14 mi$90,912

Questions about 47943

What city is zip code 47943?

47943 is assigned to Fair Oaks, Indiana. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 47943 in?

47943 is mostly in Newton County, but it extends into 1 other county.

What is the population of 47943?

About 992 people live in 47943, according to the Census Bureau's American Community Survey.

What time zone is 47943 in?

47943 is in Central Time.

What is the median household income in 47943?

The median household income in 47943 is $77,857.

What zip codes are near 47943?

The closest zip codes to 47943 are 46372, 47964, 46349, 46381, 46310.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 47943, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.