ZIP 47368 vs ZIP 47340

This side-by-side compares ZIP 47368 (Parker City, IN) and ZIP 47340 (Farmland, IN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 47368 has a population of 2,845 at 31 people per square mile, while ZIP 47340 has 2,914 at 21 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 47368 reports a median household income of $73,654 against $63,205 in ZIP 47340, with per-capita income of $30,469 vs $31,765. The share of adults holding a bachelor's degree or higher is 14.9% in 47368 and 24.8% in 47340. Poverty rate reads 13.0% vs 12.7%, and unemployment 4.3% vs 2.7% — 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 $115,000 in 47368 versus $175,200 in 47340, with median rent of $938 and $876 per month respectively. Homeownership rate is 80.4% vs 76.1%. 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.