ZIP Code 47872 Demographics

Parke County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 47872 compared to county averages.

Total Population

8,230

↓ 49.6% vs county

Median HH Income

$60,711

↓ 4.2% vs county

Median Home Value

$122,700

↑ +1.0% vs county

Median Age

40.5 yrs

↑ 4.7% vs county

Unemployment Rate

7.2%

↓ +27.6% vs county

Income & Housing Comparison

How ZIP 47872 compares to Parke County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 47872 $61k Parke $63k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 47872 $123k Parke $122k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

8.5%

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

Owner Occupancy

78.9%

of occupied housing units are owner-occupied

Median Gross Rent

$748

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 47872 using local Census metrics.

Median Home Value$122,700
Down Payment (20%)$24,540
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$779P&I: $620 | Tax: $123 | Ins: $36
Rent (Local Median)
$748
Renting is CheaperRenting is estimated to save you $31/month compared to buying costs.

How Does 47872 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 47872 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 47872, sorted by distance.

47859 9.2 mi away parke county 47989 11.0 mi away montgomery county 46175 11.1 mi away putnam county 47916 16.9 mi away montgomery county 47965 18.9 mi away montgomery county 47949 21.2 mi away fountain county 47990 22.1 mi away montgomery county 46128 23.3 mi away putnam 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 47872 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.