ZIP 47340 vs ZIP 47368

Source:

Farmland, IN — Parker City, IN

This side-by-side compares ZIP 47340 (Farmland, IN) and ZIP 47368 (Parker City, IN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 47340 has a population of 2,914 at 21 people per square mile, while ZIP 47368 has 2,845 at 31 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 47340 reports a median household income of $63,205 against $73,654 in ZIP 47368, with per-capita income of $31,765 vs $30,469. The share of adults holding a bachelor's degree or higher is 24.8% in 47340 and 14.9% in 47368. Poverty rate reads 12.7% vs 13.0%, and unemployment 2.7% vs 4.3% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $175,200 in 47340 versus $115,000 in 47368, with median rent of $876 and $938 per month respectively. Homeownership rate is 76.1% vs 80.4%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.

Compare different ZIP codes:

vs
Metric
47340
Farmland, IN
47368
Parker City, IN
Population 2,914 2,845
Median Household Income $63,205 $73,654
Per Capita Income $31,765 $30,469
Median Age 41.8 37.6
Bachelor's Degree or Higher 24.8% 14.9%
Poverty Rate 12.7% 13.0%
Unemployment Rate 2.7% 4.3%
Median Home Value $175,200 $115,000
Median Rent (monthly) $876 $938
Homeownership Rate 76.1% 80.4%
Population Density (per sq mi) 21 31

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

Full Profile
47340
Farmland, IN
View full ZIP profile →
Full Profile
47368
Parker City, IN
View full ZIP profile →

What are common questions about this comparison?

How do ZIP codes 47340 and 47368 compare?
ZIP 47340 (Farmland, IN) has a population of 2,914 and a median household income of $63,205. ZIP 47368 (Parker City, IN) has a population of 2,845 and a median household income of $73,654.
Which ZIP code has higher income, 47340 or 47368?
ZIP 47368 (Parker City, IN) has a higher median household income of $73,654 compared to $63,205 for ZIP 47340.
How do I compare two ZIP codes on PlainZIP?
Visit plainzip.com/compare, enter two 5-digit U.S. ZIP codes, and click Compare. You can also navigate directly to /compare/XXXXX-vs-YYYYY to share a specific comparison.

All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.