ZIP Code 47240
standardSource:
Greensburg · Decatur County · Indiana
- Population
- 20,832
- Median income
- $69,985
- Median home value
- $209,200
- Bachelor's or higher
- 19.6%
- Land area
- 774.4 sq mi
27/sq mi
▼ 8% vs US
higher than 47% of US ZIPs
▼ 25% vs US
higher than 46% of US ZIPs
Median age 39.8
Indiana/Indianapolis
ZIP code 47240 in Greensburg, Indiana has a population of 20,832. The median household income is $69,985, which is 8% below the national average. Median home value is $209,200, 25% below the US average. 19.6% of residents hold a bachelor's degree or higher.
ZIP code 47240 is classified by USPS as a standard delivery area and covers roughly 774.4 square miles in Greensburg, Decatur County, Indiana. The area is home to 20,832 residents, producing a population density of 27 people per square mile, and falls within the Indiana/Indianapolis time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 47240 against Indiana and the nation.
On the economic side, the median household income for ZIP 47240 sits at $69,985 (5% below the Indiana average), while per-capita income is $37,207. The poverty rate stands at 9.5% and the unemployment rate at 2.0%. On housing, the median home value is $209,200 (8% above the state average) with median rent at $871 per month, and 74.0% of occupied units are owner-occupied, a direct signal of whether 47240 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 19.6% of adults hold a bachelor's degree or higher, the median age is 39.8, and the average commute is 23 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 3 additional ZIPs sharing Decatur County, so you can benchmark 47240 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 47240
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 47240.
- Retail trade
Retail trade
98 establishments
- Health care and social assistance
Health care and social assistance
64 establishments
- Construction
Construction
55 establishments
- Other services (except public administration)
Other services (except public administration)
53 establishments
- Accommodation and food services
Accommodation and food services
49 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 47240, Greensburg, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
20,832
Population
774.4
Area (sq mi)
27
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47240?
39.8
Median Age
50.6%
Male
49.4%
Female
1.0%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$69,985
Median Household Income
-5% vs state
$37,207
Per Capita Income
9.5%
Poverty Rate
2.0%
Unemployment Rate
23.0 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
9,589
Total Housing Units
8,779
Occupied Units
810
Vacant Units
2.39
Avg Household Size
Occupancy Type
$209,200
Median Home Value
+8% vs state
$871
Median Rent
1973
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+9.6%
YoY Change (2024)
226
HPI Index (2000 = 100)
+126%
Total Change Since 2000
Home values in ZIP 47240 have increased 9.6% over the past year (2024). Since 2000, this ZIP has seen +126% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.7% | 150 |
| 2021 | +9.7% | 164 |
| 2022 | +10.7% | 182 |
| 2023 | +13.2% | 206 |
| 2024 | +9.6% | 226 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 584 business establishments in ZIP 47240, employing approximately 11,494 people with a combined annual payroll of $632,840,000.
584
Businesses
11,494
Employees
$632.8M
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 98 | 16.8% |
| Health care and social assistance | 64 | 11.0% |
| Construction | 55 | 9.4% |
| Other services (except public administration) | 53 | 9.1% |
| Accommodation and food services | 49 | 8.4% |
| Manufacturing | 42 | 7.2% |
| Finance and insurance | 38 | 6.5% |
| Professional, scientific, and technical services | 37 | 6.3% |
| Transportation and warehousing | 35 | 6.0% |
| Wholesale trade | 34 | 5.8% |
| Administrative and support and waste management and remediation services | 25 | 4.3% |
| Real estate and rental and leasing | 21 | 3.6% |
| Information | 12 | 2.0% |
| Arts, entertainment, and recreation | 8 | 1.4% |
| Utilities | 4 | 0.7% |
| Educational services | 4 | 0.7% |
| Mining, quarrying, and oil and gas extraction | 3 | 0.5% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 47240 vs 47263 →
More ZIP Codes in Decatur County
Related Areas
Frequently Asked Questions
What county is ZIP code 47240 in? ▼
What is the population of ZIP code 47240? ▼
What is the median household income in ZIP 47240? ▼
What is the average home value in ZIP 47240? ▼
What is the demographic makeup of ZIP 47240? ▼
How many businesses are in ZIP code 47240? ▼
What are the main industries in ZIP code 47240? ▼
How have home values changed in ZIP code 47240? ▼
What is the education level in ZIP code 47240? ▼
What is the average commute time in ZIP 47240? ▼
What percentage of residents own vs. rent in ZIP 47240? ▼
What is the poverty rate in ZIP code 47240? ▼
ZIP Code Research Guides
Official Data Resources for Greensburg, IN
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.