ZIP Code 47860 Demographics

Parke County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 47860 compared to county averages.

Total Population

625

↓ 96.2% vs county

Median HH Income

$36,694

↓ 42.1% vs county

Median Home Value

$45,000

↓ 63.0% vs county

Median Age

24.9 yrs

↑ 41.4% vs county

Unemployment Rate

6.8%

↓ +21.7% vs county

Income & Housing Comparison

How ZIP 47860 compares to Parke County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 47860 $37k Parke $63k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 47860 $45k Parke $122k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

4.8%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

64.7%

of occupied housing units are owner-occupied

Median Gross Rent

$585

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 47860 using local Census metrics.

Median Home Value$45,000
Down Payment (20%)$9,000
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$286P&I: $228 | Tax: $45 | Ins: $13
Rent (Local Median)
$585
Buying is CheaperBuying a home is estimated to save you $299/month compared to local rents.

How Does 47860 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 47860 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 47860, sorted by distance.

47874 7.1 mi away parke county 47842 7.7 mi away vermillion county 47880 9.7 mi away vigo county 47884 9.7 mi away vermillion county 47863 11.5 mi away vigo county 47805 12.1 mi away vigo county 47804 15.8 mi away vigo county 47876 16.0 mi away vigo county

About Parke County

Parke County is located in Indiana and has a total population of 16,327. The county's median household income is $63,393 and median home value is $121,500. ZIP code 47860 is one of many ZCTAs within this county.

View all ZIP codes in Parke County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.