ZIP Code 47338

standard

Source:

Eaton · Delaware County · Indiana

Population
2,827

39/sq mi

Median income
$68,239

▼ 11% vs US

higher than 44% of US ZIPs

Median home value
$111,100

▼ 60% vs US

higher than 13% of US ZIPs

Bachelor's or higher
15.2%

Median age 43

Land area
72.5 sq mi

Indiana/Indianapolis

ZIP code 47338 in Eaton, Indiana has a population of 2,827. The median household income is $68,239, which is 11% below the national average. Median home value is $111,100, 60% below the US average. 15.2% of residents hold a bachelor's degree or higher.

ZIP code 47338 is classified by USPS as a standard delivery area and covers roughly 72.5 square miles in Eaton, Delaware County, Indiana. The area is home to 2,827 residents, producing a population density of 39 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 47338 against Indiana and the nation.

On the economic side, the median household income for ZIP 47338 sits at $68,239 (7% below the Indiana average), while per-capita income is $32,291. The poverty rate stands at 11.0% and the unemployment rate at 2.8%. On housing, the median home value is $111,100 (43% below the state average) with median rent at $688 per month, and 81.9% of occupied units are owner-occupied, a direct signal of whether 47338 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 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 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 47338

Top 5 sectors by establishment count

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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

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)

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 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

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.

ZIP Code Research Guides

Official Data Resources for Eaton, 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.