ZIP 47849 vs ZIP 47861
Source:
Fairbanks, IN — Merom, IN
This side-by-side compares ZIP 47849 (Fairbanks, IN) and ZIP 47861 (Merom, IN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 47849 has a population of 496 at 7 people per square mile, while ZIP 47861 has 616 at 5 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 47849 reports a median household income of $68,000 against $56,484 in ZIP 47861, with per-capita income of $57,497 vs $31,733. The share of adults holding a bachelor's degree or higher is 1.4% in 47849 and 23.8% in 47861. Poverty rate reads 8.1% vs 11.3%, and unemployment 0.0% vs 8.2% — 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 — in 47849 versus $198,800 in 47861, with median rent of — and $1,077 per month respectively. Homeownership rate is 82.3% vs 83.7%. 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:
| Metric | 47849 Fairbanks, IN | 47861 Merom, IN |
|---|---|---|
| Population | 496 | 616 |
| Median Household Income | $68,000 | $56,484 |
| Per Capita Income | $57,497 | $31,733 |
| Median Age | 45.9 | 51.7 |
| Bachelor's Degree or Higher | 1.4% | 23.8% |
| Poverty Rate | 8.1% | 11.3% |
| Unemployment Rate | 0.0% | 8.2% |
| Median Home Value | — | $198,800 |
| Median Rent (monthly) | — | $1,077 |
| Homeownership Rate | 82.3% | 83.7% |
| Population Density (per sq mi) | 7 | 5 |
Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.
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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.