ZIP Code 47874 Demographics

Parke County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 47874 compared to county averages.

Total Population

2,679

↓ 83.6% vs county

Median HH Income

$70,000

↑ +10.4% vs county

Median Home Value

$114,700

↓ 5.6% vs county

Median Age

48.0 yrs

↓ +12.9% vs county

Unemployment Rate

5.1%

↑ 9.8% vs county

Income & Housing Comparison

How ZIP 47874 compares to Parke County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 47874 $70k Parke $63k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 47874 $115k Parke $122k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

11.4%

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

Owner Occupancy

88.9%

of occupied housing units are owner-occupied

Median Gross Rent

$639

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 47874 using local Census metrics.

Median Home Value$114,700
Down Payment (20%)$22,940
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$728P&I: $580 | Tax: $115 | Ins: $33
Rent (Local Median)
$639
Renting is CheaperRenting is estimated to save you $89/month compared to buying costs.

How Does 47874 Compare?

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Location & Neighboring Areas

Interactive map showing ZIP code 47874 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 47874, sorted by distance.

47805 6.2 mi away vigo county 47860 7.1 mi away parke county 47880 7.9 mi away vigo county 47884 9.4 mi away vermillion county 47863 10.0 mi away vigo county 47842 10.7 mi away vermillion county 47881 10.7 mi away clay county 47804 10.9 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 47874 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.