PlainZIP

Greensburg, IN · standard

ZIP Code 47240

Decatur County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

20,832
27/sq mi
$69,985
Median income
$209,200
Median home value
19.6%
Bachelor's or higher

The verdict

Greensburg pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.

47th pct
household income, US ZIPs
46th pct
home value, US ZIPs
27
people per sq mi
74%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47240 against every reporting US ZIP.

ZIP code 47240 is a densely settled ZIP (a standard USPS delivery area) in Greensburg, Decatur County, Indiana, with 20,832 residents across 774.4 square miles, a density of 27 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 47240 reports a modest median household income of $69,985 (5% below the Indiana average), while per-capita income is $37,207. 9.5% of residents live below the poverty line, and the unemployment rate reads 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.

Educational attainment sits below the national norm: 19.6% of adults hold a bachelor's degree or higher, the median age is 39.8, and the average commute is 23 minutes. To put 47240 in local context, 3 ZIP codes within roughly 10 miles appear further down this page alongside 3 additional ZIPs in Decatur County, for a geography-aware comparison.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 47240

Top 5 sectors by establishment count in Greensburg, IN

Which industries have the most business establishments in ZIP 47240.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 47240?

39.8

Median Age

50.6%

Male

49.4%

Female

1.0%

Foreign-Born

White 92.7%
African American 0.6%
Asian 0.1%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.0%
Hispanic or Latino 3.0%

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

How ZIP 47240 ranks nationally

Greensburg, IN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$69,985 47th percentile higher than 47% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 64.0%
Bachelor's Degree or Higher 19.6%

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

Owner 74.0%
Renter 26.0%

$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 →

ZIP 47240 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 47240 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 47240 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 47240 ranks #3 of 4 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
47263 New Point, IN 236 8.1 mi
47272 Saint Paul, IN 2,041 9.7 mi
47283 Westport, IN 3,386 11.9 mi

More ZIP Codes in Decatur County

47283 standard
Westport, IN
Pop: 3,386
47272 standard
Saint Paul, IN
Pop: 2,041
47263 standard
New Point, IN
Pop: 236

Related Areas

Decatur County Greensburg, IN Indiana

Frequently Asked Questions

What county is ZIP code 47240 in? ▼
ZIP code 47240 (Greensburg) is located in Decatur County, Indiana. Decatur County contains multiple ZIP codes, see the full list at /counties/decatur-in.
What is the population of ZIP code 47240? ▼
ZIP code 47240 in Greensburg, IN has a population of 20,832 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47240? ▼
The median household income in ZIP 47240 is $69,985, which is 8% below the national average of $76,288.
What is the average home value in ZIP 47240? ▼
The median home value in ZIP 47240 is $209,200, which is 25% below the national average of $278,155.
What is the demographic makeup of ZIP 47240? ▼
The largest racial group in ZIP 47240 is White at 92.7%. Hispanic or Latino residents make up 3.0% of the population.
How many businesses are in ZIP code 47240? ▼
ZIP code 47240 has 584 business establishments employing approximately 11,494 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47240? ▼
The top industries by establishment count in ZIP 47240 are: Retail trade (98), Health care and social assistance (64), Construction (55). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 47240? ▼
According to the FHFA House Price Index, home values in ZIP 47240 increased by 9.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 126%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 47240? ▼
In ZIP code 47240, 64.0% of residents aged 25+ have a high school diploma or higher, and 19.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 47240? ▼
The mean commute time for workers in ZIP code 47240 is 23.0 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 47240? ▼
In ZIP code 47240, approximately 74.0% of occupied housing units are owner-occupied and 26.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47240? ▼
The poverty rate in ZIP code 47240 is 9.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.