ZIP Code 47303

standard

Source:

Muncie · Delaware County · Indiana

Population
25,365

169/sq mi

Median income
$47,674

▼ 38% vs US

higher than 12% of US ZIPs

Median home value
$118,200

▼ 58% vs US

higher than 16% of US ZIPs

Bachelor's or higher
25.2%

Median age 29.7

Land area
150.4 sq mi

Indiana/Indianapolis

ZIP code 47303 in Muncie, Indiana has a population of 25,365. The median household income is $47,674, which is 38% below the national average. Median home value is $118,200, 58% below the US average. 25.2% of residents hold a bachelor's degree or higher.

ZIP code 47303 is classified by USPS as a standard delivery area and covers roughly 150.4 square miles in Muncie, Delaware County, Indiana. The area is home to 25,365 residents, producing a population density of 169 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 47303 against Indiana and the nation.

On the economic side, the median household income for ZIP 47303 sits at $47,674 (35% below the Indiana average), while per-capita income is $28,116. The poverty rate stands at 26.4% and the unemployment rate at 9.1%. On housing, the median home value is $118,200 (39% below the state average) with median rent at $942 per month, and 56.5% of occupied units are owner-occupied, a direct signal of whether 47303 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 25.2% of adults hold a bachelor's degree or higher, the median age is 29.7, and the average commute is 21 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Delaware County, so you can benchmark 47303 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 47303

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 47303.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 47303, Muncie, 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

25,365

Population

150.4

Area (sq mi)

169

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 47303?

29.7

Median Age

48.3%

Male

51.7%

Female

1.7%

Foreign-Born

White 82.2%
African American 9.2%
Asian 0.8%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.0%
Hispanic or Latino 2.6%

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?

$47,674

Median Household Income

-35% vs state

$28,116

Per Capita Income

26.4%

Poverty Rate

9.1%

Unemployment Rate

20.5 min

Mean Commute Time

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

What is the education profile here?

High School Graduate or Higher 59.6%
Bachelor's Degree or Higher 25.2%

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

What does housing look like?

11,541

Total Housing Units

10,001

Occupied Units

1,540

Vacant Units

2.30

Avg Household Size

Occupancy Type

Owner 56.5%
Renter 43.5%

$118,200

Median Home Value

-39% vs state

$942

Median Rent

1966

Median Year Built

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

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+7.6%

YoY Change (2024)

185

HPI Index (2000 = 100)

+85%

Total Change Since 2000

Home values in ZIP 47303 have increased 7.6% over the past year (2024). Since 2000, this ZIP has seen +85% cumulative appreciation.

Year Annual Change HPI Index
2020 +7.3% 127
2021 +12.1% 142
2022 +9.8% 156
2023 +10.0% 172
2024 +7.6% 185

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 607 business establishments in ZIP 47303, employing approximately 13,352 people with a combined annual payroll of $652,136,000.

607

Businesses

13,352

Employees

$652.1M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Retail trade 143 23.6%
Health care and social assistance 74 12.2%
Other services (except public administration) 74 12.2%
Accommodation and food services 71 11.7%
Construction 43 7.1%
Finance and insurance 33 5.4%
Administrative and support and waste management and remediation services 32 5.3%
Real estate and rental and leasing 31 5.1%
Professional, scientific, and technical services 26 4.3%
Wholesale trade 22 3.6%
Manufacturing 18 3.0%
Transportation and warehousing 11 1.8%
Information 9 1.5%
Arts, entertainment, and recreation 9 1.5%
Educational services 8 1.3%

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 47303 vs 47305 →

ZIP Code City Population Distance
47305 Muncie, IN 4,106 5.4 mi
47306 Muncie, IN 6,189 4.9 mi
47338 Eaton, IN 2,827 5.1 mi
47320 Albany, IN 4,134 5.9 mi
47304 Muncie, IN 30,516 5.1 mi
47302 Muncie, IN 27,592 9.8 mi
47342 Gaston, IN 2,693 7.9 mi
47396 Yorktown, IN 7,030 9.3 mi
46957 Matthews, IN 558 10.2 mi
47383 Selma, IN 2,960 10.5 mi

More ZIP Codes in Delaware County

Frequently Asked Questions

What county is ZIP code 47303 in?
ZIP code 47303 (Muncie) is located in Delaware County, Indiana. Delaware County contains multiple ZIP codes, see the full list at /counties/delaware-in.
What is the population of ZIP code 47303?
ZIP code 47303 in Muncie, IN has a population of 25,365 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47303?
The median household income in ZIP 47303 is $47,674, which is 38% below the national average of $76,288.
What is the average home value in ZIP 47303?
The median home value in ZIP 47303 is $118,200, which is 58% below the national average of $278,155.
What is the demographic makeup of ZIP 47303?
The largest racial group in ZIP 47303 is White at 82.2%. Hispanic or Latino residents make up 2.6% of the population.
How many businesses are in ZIP code 47303?
ZIP code 47303 has 607 business establishments employing approximately 13,352 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47303?
The top industries by establishment count in ZIP 47303 are: Retail trade (143), Health care and social assistance (74), Other services (except public administration) (74). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 47303?
According to the FHFA House Price Index, home values in ZIP 47303 increased by 7.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 85%. 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 47303?
In ZIP code 47303, 59.6% of residents aged 25+ have a high school diploma or higher, and 25.2% 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 47303?
The mean commute time for workers in ZIP code 47303 is 20.5 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 47303?
In ZIP code 47303, approximately 56.5% of occupied housing units are owner-occupied and 43.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47303?
The poverty rate in ZIP code 47303 is 26.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Muncie, 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.

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