47240 Income Statistics

Comparison to Surrounding Areas

47240 Median Household Income

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.

47240 Average Household Income

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.

47240 Per-Capita Income

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.

47240 High Income Households

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%).

472407.4%
Sandusky CDP100.0%
Letts CDP50.0%
Milford CDP0.0%
Millhousen town2.8%
New Point town7.3%
Adams CDP0.0%
Burney CDP-1.0%
Clarksburg CDP48.1%
Greensburg city4.4%
Lake Santee CDP38.3%
Franklin County10.0%
Ripley County6.4%
Shelby County6.7%
Decatur County8.2%

Get High Income Households for all Zip Codes in Indiana.

47240 Median Household Income by Age of Householder

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.

47240 Map

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About the Data

Data Sources

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.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

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