ZIP Code 47304

standard

Source:

Muncie · Delaware County · Indiana

Population
30,516

337/sq mi

Median income
$63,215

▼ 17% vs US

higher than 35% of US ZIPs

Median home value
$172,200

▼ 38% vs US

higher than 35% of US ZIPs

Bachelor's or higher
41.9%

Median age 37

Land area
90.7 sq mi

Indiana/Indianapolis

ZIP code 47304 in Muncie, Indiana has a population of 30,516. The median household income is $63,215, which is 17% below the national average. Median home value is $172,200, 38% below the US average. 41.9% of residents hold a bachelor's degree or higher.

ZIP code 47304 is classified by USPS as a standard delivery area and covers roughly 90.7 square miles in Muncie, Delaware County, Indiana. The area is home to 30,516 residents, producing a population density of 337 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 47304 against Indiana and the nation.

On the economic side, the median household income for ZIP 47304 sits at $63,215 (14% below the Indiana average), while per-capita income is $36,363. The poverty rate stands at 16.0% and the unemployment rate at 3.8%. On housing, the median home value is $172,200 (11% below the state average) with median rent at $994 per month, and 65.4% of occupied units are owner-occupied, a direct signal of whether 47304 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 41.9% of adults hold a bachelor's degree or higher, the median age is 37, and the average commute is 19 minutes. We also surface 8 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Delaware County, so you can benchmark 47304 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 47304

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 47304.

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 47304, 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

30,516

Population

90.7

Area (sq mi)

337

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 47304?

37.0

Median Age

48.1%

Male

51.9%

Female

5.5%

Foreign-Born

White 83.8%
African American 4.3%
Asian 3.8%
American Indian or Alaska Native 0.4%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 4.8%
Hispanic or Latino 3.7%

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?

$63,215

Median Household Income

-14% vs state

$36,363

Per Capita Income

16.0%

Poverty Rate

3.8%

Unemployment Rate

19.1 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 64.5%
Bachelor's Degree or Higher 41.9%

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

What does housing look like?

14,527

Total Housing Units

13,599

Occupied Units

928

Vacant Units

2.15

Avg Household Size

Occupancy Type

Owner 65.4%
Renter 34.6%

$172,200

Median Home Value

-11% vs state

$994

Median Rent

1975

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

+3.5%

YoY Change (2024)

183

HPI Index (2000 = 100)

+83%

Total Change Since 2000

Home values in ZIP 47304 have increased 3.5% over the past year (2024). Since 2000, this ZIP has seen +83% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.0% 125
2021 +13.5% 142
2022 +15.6% 164
2023 +8.3% 177
2024 +3.5% 183

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 666 business establishments in ZIP 47304, employing approximately 10,458 people with a combined annual payroll of $402,076,000.

666

Businesses

10,458

Employees

$402.1M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 167 25.1%
Retail trade 99 14.9%
Accommodation and food services 67 10.1%
Other services (except public administration) 66 9.9%
Finance and insurance 58 8.7%
Professional, scientific, and technical services 43 6.5%
Real estate and rental and leasing 40 6.0%
Construction 38 5.7%
Administrative and support and waste management and remediation services 31 4.7%
Arts, entertainment, and recreation 15 2.3%
Wholesale trade 12 1.8%
Manufacturing 10 1.5%
Management of companies and enterprises 7 1.1%
Information 6 0.9%
Educational services 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 47304 vs 47306 →

ZIP Code City Population Distance
47306 Muncie, IN 6,189 3.5 mi
47396 Yorktown, IN 7,030 4.2 mi
47305 Muncie, IN 4,106 4.8 mi
47303 Muncie, IN 25,365 5.1 mi
47342 Gaston, IN 2,693 6.7 mi
47334 Daleville, IN 3,263 8.7 mi
47302 Muncie, IN 27,592 8.4 mi
47338 Eaton, IN 2,827 9.7 mi

More ZIP Codes in Delaware County

Frequently Asked Questions

What county is ZIP code 47304 in?
ZIP code 47304 (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 47304?
ZIP code 47304 in Muncie, IN has a population of 30,516 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47304?
The median household income in ZIP 47304 is $63,215, which is 17% below the national average of $76,288.
What is the average home value in ZIP 47304?
The median home value in ZIP 47304 is $172,200, which is 38% below the national average of $278,155.
What is the demographic makeup of ZIP 47304?
The largest racial group in ZIP 47304 is White at 83.8%. Hispanic or Latino residents make up 3.7% of the population.
How many businesses are in ZIP code 47304?
ZIP code 47304 has 666 business establishments employing approximately 10,458 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47304?
The top industries by establishment count in ZIP 47304 are: Health care and social assistance (167), Retail trade (99), Accommodation and food services (67). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 47304?
According to the FHFA House Price Index, home values in ZIP 47304 increased by 3.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 83%. 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 47304?
In ZIP code 47304, 64.5% of residents aged 25+ have a high school diploma or higher, and 41.9% 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 47304?
The mean commute time for workers in ZIP code 47304 is 19.1 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 47304?
In ZIP code 47304, approximately 65.4% of occupied housing units are owner-occupied and 34.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47304?
The poverty rate in ZIP code 47304 is 16.0% 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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