Comparison to Surrounding Areas
The median household income ($69,985) for 47240 is less than the median household income for 47283 ($74,028), 47037 ($73,209), 47234 ($101,708), 47244 ($80,278), 47246 ($94,375), 47272 ($75,117), 46156 ($83,320), 47006 ($72,559), 47036 ($98,300), Ripley County ($70,573), Shelby County ($72,190), Franklin County ($78,074), Lake Santee CDP ($158,140), and Milford CDP ($73,125). But it's more than 46173 ($67,456), 47263 ($68,750), 47225 ($-1), 47024 ($57,316), Decatur County ($69,783), Letts CDP ($-1), Millhousen town ($-1), New Point town ($60,000), Sandusky CDP ($-1), Greensburg city ($62,655), Clarksburg CDP ($-1), Burney CDP ($-1), and Adams CDP ($65,652).
| 47240 | $69,985 |
| Sandusky CDP | $-1 |
| Letts CDP | $-1 |
| Milford CDP | $73,125 |
| Millhousen town | $-1 |
| New Point town | $60,000 |
| Adams CDP | $65,652 |
| Burney CDP | $-1 |
| Clarksburg CDP | $-1 |
| Greensburg city | $62,655 |
| Lake Santee CDP | $158,140 |
| Franklin County | $78,074 |
| Ripley County | $70,573 |
| Shelby County | $72,190 |
| Decatur County | $69,783 |
Get Median Household Income for all Zip Codes in Indiana.
The average household income ($91,568) for 47240 is less than the average household income for 47283 ($97,295), 47036 ($145,752), 47234 ($126,842), 47244 ($99,072), 47246 ($105,634), 47006 ($91,942), Franklin County ($97,859), Decatur County ($92,207), Lake Santee CDP ($286,274), and Letts CDP ($139,653). But it's more than 46173 ($77,718), 46156 ($72,947), 47272 ($83,070), 47263 ($74,791), 47225 ($-1), 47037 ($82,864), 47024 ($67,845), Ripley County ($88,934), Shelby County ($90,122), Sandusky CDP ($-1), New Point town ($83,949), Millhousen town ($81,388), Milford CDP ($54,471), Greensburg city ($75,254), Clarksburg CDP ($-1), Burney CDP ($-1), and Adams CDP ($53,167).
| 47240 | $91,568 |
| Sandusky CDP | $-1 |
| Letts CDP | $139,653 |
| Milford CDP | $54,471 |
| Millhousen town | $81,388 |
| New Point town | $83,949 |
| Adams CDP | $53,167 |
| Burney CDP | $-1 |
| Clarksburg CDP | $-1 |
| Greensburg city | $75,254 |
| Lake Santee CDP | $286,274 |
| Franklin County | $97,859 |
| Ripley County | $88,934 |
| Shelby County | $90,122 |
| Decatur County | $92,207 |
Get Average Household Income for all Zip Codes in Indiana.
The per-capita income for 47240 is $37,207. The per capita income ($37,207) for 47240 is less than the per capita income for 47036 ($51,586), 47244 ($39,041), 47234 ($45,392), 47225 ($105,099), Franklin County ($40,060), Millhousen town ($39,494), Letts CDP ($56,492), Lake Santee CDP ($84,142), and Clarksburg CDP ($105,099). But it's more than 47283 ($37,197), 46156 ($35,040), 46173 ($31,773), 47006 ($36,493), 47024 ($26,398), 47037 ($32,640), 47246 ($34,459), 47263 ($27,318), 47272 ($33,037), Decatur County ($37,115), Ripley County ($35,537), Shelby County ($36,701), Adams CDP ($20,855), Burney CDP ($-1), Greensburg city ($32,836), Milford CDP ($31,657), New Point town ($32,761), and Sandusky CDP ($26,925).
| 47240 | $37,207 |
| Sandusky CDP | $26,925 |
| Letts CDP | $56,492 |
| Milford CDP | $31,657 |
| Millhousen town | $39,494 |
| New Point town | $32,761 |
| Adams CDP | $20,855 |
| Burney CDP | $-1 |
| Clarksburg CDP | $105,099 |
| Greensburg city | $32,836 |
| Lake Santee CDP | $84,142 |
| Franklin County | $40,060 |
| Ripley County | $35,537 |
| Shelby County | $36,701 |
| Decatur County | $37,115 |
Get Per-Capita Income for all Zip Codes in Indiana.
7.4% of households make over $200,000 a year. The percent high income households (7.4%) for 47240 is less than the percent high income households for 47283 (13.9%), 47006 (9.4%), 47036 (16.8%), 47225 (48.1%), 47234 (12.3%), 47244 (20.4%), Decatur County (8.2%), Franklin County (10.0%), Clarksburg CDP (48.1%), Lake Santee CDP (38.3%), Letts CDP (50.0%), and Sandusky CDP (100.0%). But it's more than 46173 (2.9%), 46156 (2.4%), 47272 (2.8%), 47263 (0.0%), 47246 (6.4%), 47037 (5.5%), 47024 (1.9%), Ripley County (6.4%), Shelby County (6.7%), New Point town (7.3%), Millhousen town (2.8%), Milford CDP (0.0%), Greensburg city (4.4%), Burney CDP (-1.0%), and Adams CDP (0.0%).
| 47240 | 7.4% |
| Sandusky CDP | 100.0% |
| Letts CDP | 50.0% |
| Milford CDP | 0.0% |
| Millhousen town | 2.8% |
| New Point town | 7.3% |
| Adams CDP | 0.0% |
| Burney CDP | -1.0% |
| Clarksburg CDP | 48.1% |
| Greensburg city | 4.4% |
| Lake Santee CDP | 38.3% |
| Franklin County | 10.0% |
| Ripley County | 6.4% |
| Shelby County | 6.7% |
| Decatur County | 8.2% |
Get High Income Households for all Zip Codes in Indiana.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 47240 | $37,465 | $79,423 | $89,720 | $43,719 |
| Sandusky CDP | $-1 | $-1 | $-1 | $-1 |
| Letts CDP | $-1 | $-1 | $-1 | $-1 |
| Milford CDP | $-1 | $-1 | $-1 | $-1 |
| Millhousen town | $-1 | $71,250 | $108,438 | $56,287 |
| New Point town | $-1 | $-1 | $58,500 | $42,750 |
| Adams CDP | $-1 | $-1 | $66,141 | $-1 |
| Burney CDP | $-1 | $-1 | $-1 | $-1 |
| Clarksburg CDP | $-1 | $-1 | $-1 | $-1 |
| Greensburg city | $37,354 | $77,280 | $79,238 | $33,537 |
| Lake Santee CDP | $-1 | $-1 | $243,348 | $158,314 |
| Franklin County | $72,431 | $94,617 | $98,691 | $50,042 |
| Ripley County | $37,708 | $80,909 | $91,530 | $45,585 |
| Shelby County | $80,210 | $79,323 | $93,761 | $47,290 |
| Decatur County | $40,143 | $79,774 | $89,153 | $43,000 |
Get Median Household Income by Age of Householder for all Zip Codes in Indiana.
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Starting at $65.
All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 47240 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 47240 | +/-$8,650 | +/-$9,521 | +/-$2,998 | +/-2.0% | +/-$8,645 | +/-$18,085 | +/-$6,417 | +/-$10,924 |
| Sandusky CDP | +/-$-1 | +/-$-1 | +/-$4,363 | +/-67.9% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| Letts CDP | +/-$-1 | +/-$89,510 | +/-$22,328 | +/-49.4% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| Milford CDP | +/-$68,460 | +/-$30,617 | +/-$13,258 | +/-49.2% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| Millhousen town | +/-$-1 | +/-$16,690 | +/-$9,216 | +/-4.0% | +/-$-1 | +/-$69,935 | +/-$33,141 | +/-$285 |
| New Point town | +/-$11,749 | +/-$25,283 | +/-$10,694 | +/-7.6% | +/-$-1 | +/-$-1 | +/-$33,526 | +/-$12,296 |
| Adams CDP | +/-$9,016 | +/-$12,625 | +/-$6,903 | +/-46.0% | +/-$-1 | +/-$-1 | +/-$1,004 | +/-$-1 |
| Burney CDP | +/-$-1 | +/-$-1 | +/-$-1 | +/--1.0% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| Clarksburg CDP | +/-$-1 | +/-$-1 | +/-$57,669 | +/-51.9% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| Greensburg city | +/-$5,069 | +/-$5,792 | +/-$2,671 | +/-1.9% | +/-$6,717 | +/-$9,773 | +/-$19,444 | +/-$6,955 |
| Lake Santee CDP | +/-$70,934 | +/-$225,214 | +/-$55,981 | +/-22.6% | +/-$-1 | +/-$-1 | +/-$101,242 | +/-$56,278 |
| Franklin County | +/-$10,218 | +/-$7,571 | +/-$3,304 | +/-2.7% | +/-$33,330 | +/-$6,355 | +/-$5,682 | +/-$8,133 |
| Ripley County | +/-$4,366 | +/-$6,504 | +/-$2,262 | +/-1.7% | +/-$20,345 | +/-$6,798 | +/-$9,120 | +/-$5,585 |
| Shelby County | +/-$4,637 | +/-$5,173 | +/-$1,853 | +/-1.8% | +/-$19,400 | +/-$9,912 | +/-$9,443 | +/-$5,369 |
| Decatur County | +/-$7,427 | +/-$8,297 | +/-$2,685 | +/-2.0% | +/-$4,781 | +/-$17,177 | +/-$5,064 | +/-$9,353 |