Comparison to Surrounding Areas
The median household income ($65,625) for 47862 is less than the median household income for 47832 ($78,125), 47854 ($86,509), 47872 ($70,781), and Parke County ($68,485). But it's more than 47842 ($56,750), 47860 ($39,706), 47874 ($50,168), 47928 ($52,275), 47952 ($53,409), and Montezuma town ($56,974).
| 47862 | $65,625 |
| Montezuma town | $56,974 |
| Parke County | $68,485 |
Get Median Household Income for all Zip Codes in Indiana.
The average household income ($76,704) for 47862 is less than the average household income for 47832 ($109,051), 47854 ($105,054), 47872 ($82,792), and Parke County ($81,742). But it's more than 47842 ($68,580), 47860 ($54,408), 47874 ($65,730), 47928 ($70,501), 47952 ($63,811), and Montezuma town ($72,670).
| 47862 | $76,704 |
| Montezuma town | $72,670 |
| Parke County | $81,742 |
Get Average Household Income for all Zip Codes in Indiana.
The per-capita income for 47862 is $33,957. The per capita income ($33,957) for 47862 is less than the per capita income for 47832 ($49,624) and 47854 ($40,555). But it's more than 47952 ($28,083), 47874 ($28,352), 47928 ($28,796), 47842 ($29,582), 47860 ($17,681), 47872 ($30,712), Parke County ($32,228), and Montezuma town ($28,271).
| 47862 | $33,957 |
| Montezuma town | $28,271 |
| Parke County | $32,228 |
Get Per-Capita Income for all Zip Codes in Indiana.
0.2% of households make over $200,000 a year. The percent high income households (0.2%) for 47862 is less than 47952 (1.6%), 47874 (2.7%), 47928 (1.7%), 47832 (12.1%), 47842 (2.9%), 47854 (12.0%), 47860 (1.6%), 47872 (5.2%), Parke County (4.9%), and Montezuma town (0.3%).
| 47862 | 0.2% |
| Montezuma town | 0.3% |
| Parke County | 4.9% |
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 | |
|---|---|---|---|---|
| 47862 | $-1 | $85,682 | $62,396 | $48,750 |
| Montezuma town | $-1 | $-1 | $61,771 | $47,813 |
| Parke County | $39,028 | $83,729 | $85,707 | $46,497 |
Get Median Household Income by Age of Householder for all Zip Codes in Indiana.
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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 47862 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+ | |||||
| 47862 | +/-$19,968 | +/-$10,332 | +/-$5,353 | +/-0.4% | +/-$-1 | +/-$60,444 | +/-$48,079 | +/-$20,152 |
| Montezuma town | +/-$8,963 | +/-$14,365 | +/-$4,819 | +/-0.7% | +/-$-1 | +/-$-1 | +/-$41,188 | +/-$8,524 |
| Parke County | +/-$4,007 | +/-$4,989 | +/-$1,958 | +/-1.6% | +/-$22,839 | +/-$2,193 | +/-$11,393 | +/-$5,029 |