PlainZIP

Eaton, IN · standard

ZIP Code 47338

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

2,827
39/sq mi
$68,239
Median income
$111,100
Median home value
15.2%
Bachelor's or higher

The verdict

Eaton pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.

44th pct
household income, US ZIPs
13th pct
home value, US ZIPs
39
people per sq mi
82%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47338 against every reporting US ZIP.

ZIP code 47338 covers 72.5 square miles in Eaton, Delaware County, Indiana (a standard USPS delivery area), with a modest 2,827 residents on file, a density of 39 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 47338 reports a modest median household income of $68,239 (7% below the Indiana average), while per-capita income is $32,291. 11.0% of residents live below the poverty line, and the unemployment rate reads 2.8%. Housing costs here run $111,100 for a typical home value (43% below the state average), with rent averaging $688 a month; 81.9% of homes are owner-occupied.

Educational attainment sits below the national norm: 15.2% of adults hold a bachelor's degree or higher, the median age is 43, and the average commute is 27 minutes. We also surface 8 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Delaware County, so you can benchmark 47338 against its immediate geography rather than a national average alone.

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 47338

Top 5 sectors by establishment count in Eaton, IN

Which industries have the most business establishments in ZIP 47338.

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 47338, Eaton, 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

2,827

Population

72.5

Area (sq mi)

39

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 47338?

43.0

Median Age

56.3%

Male

43.7%

Female

0.0%

Foreign-Born

White 88.7%
African American 0.0%
Asian 0.2%
American Indian or Alaska Native 0.5%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 10.5%
Hispanic or Latino 3.4%

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?

$68,239

Median Household Income

-7% vs state

$32,291

Per Capita Income

11.0%

Poverty Rate

2.8%

Unemployment Rate

27.1 min

Mean Commute Time

How ZIP 47338 ranks nationally

Eaton, IN household income vs. every US ZIP code

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

$68,239 44th percentile higher than 44% 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 57.3%
Bachelor's Degree or Higher 15.2%

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

What does housing look like?

1,126

Total Housing Units

1,024

Occupied Units

102

Vacant Units

2.30

Avg Household Size

Occupancy Type

Owner 81.9%
Renter 18.1%

$111,100

Median Home Value

-43% vs state

$688

Median Rent

1960

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

-2.2%

YoY Change (2024)

200

HPI Index (2000 = 100)

+100%

Total Change Since 2000

Home values in ZIP 47338 have decreased 2.2% over the past year (2024). Since 2000, this ZIP has seen +100% cumulative appreciation.

Year Annual Change HPI Index
2020 +7.2% 142
2021 +7.7% 153
2022 +10.4% 169
2023 +21.2% 204
2024 -2.2% 200

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 34 business establishments in ZIP 47338, employing approximately 381 people with a combined annual payroll of $21,195,000.

34

Businesses

381

Employees

$21.2M

Annual Payroll

5

Industry Sectors

Industry Establishments % of Total
Construction 8 23.5%
Manufacturing 6 17.6%
Wholesale trade 5 14.7%
Other services (except public administration) 5 14.7%
Accommodation and food services 3 8.8%

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 47338 vs 47303 →

ZIP 47338 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 47338 ranks #9 by population - useful context the national average alone can't give.

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

ZIP 47338 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 47338 ranks #3 of 8 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
47303 Muncie, IN 25,365 5.1 mi
47348 Hartford City, IN 9,828 8.1 mi
47320 Albany, IN 4,134 5.8 mi
47336 Dunkirk, IN 3,807 8.0 mi
47305 Muncie, IN 4,106 10.4 mi
47306 Muncie, IN 6,189 10.0 mi
47304 Muncie, IN 30,516 9.7 mi
46989 Upland, IN 5,195 10.6 mi

More ZIP Codes in Delaware County

47304 standard
Muncie, IN
Pop: 30,516
47302 standard
Muncie, IN
Pop: 27,592
47303 standard
Muncie, IN
Pop: 25,365
47396 standard
Yorktown, IN
Pop: 7,030
47306 standard
Muncie, IN
Pop: 6,189
47320 standard
Albany, IN
Pop: 4,134

Related Areas

Delaware County Eaton, IN Indiana

Frequently Asked Questions

What county is ZIP code 47338 in? ▼
ZIP code 47338 (Eaton) 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 47338? ▼
ZIP code 47338 in Eaton, IN has a population of 2,827 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47338? ▼
The median household income in ZIP 47338 is $68,239, which is 11% below the national average of $76,288.
What is the average home value in ZIP 47338? ▼
The median home value in ZIP 47338 is $111,100, which is 60% below the national average of $278,155.
What is the demographic makeup of ZIP 47338? ▼
The largest racial group in ZIP 47338 is White at 88.7%. Hispanic or Latino residents make up 3.4% of the population.
How many businesses are in ZIP code 47338? ▼
ZIP code 47338 has 34 business establishments employing approximately 381 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47338? ▼
The top industries by establishment count in ZIP 47338 are: Construction (8), Manufacturing (6), Wholesale trade (5). There are 5 industry sectors represented in total.
How have home values changed in ZIP code 47338? ▼
According to the FHFA House Price Index, home values in ZIP 47338 decreased by 2.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 100%. 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 47338? ▼
In ZIP code 47338, 57.3% of residents aged 25+ have a high school diploma or higher, and 15.2% 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 47338? ▼
The mean commute time for workers in ZIP code 47338 is 27.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 47338? ▼
In ZIP code 47338, approximately 81.9% of occupied housing units are owner-occupied and 18.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47338? ▼
The poverty rate in ZIP code 47338 is 11.0% 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.