Gaston, IN · standard
ZIP Code 47342
Delaware County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,693
- 21/sq mi Moderate-density area
- $75,030
- Median income Near-median income area
- $173,300
- Median home value Near-median home value
- 16.5%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Gaston pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 45%
- household income, US ZIPs
- 36th pct
- home value, US ZIPs
- 21
- people per sq mi
- 80%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47342 against every reporting US ZIP.
ZIP code 47342 covers 129.5 square miles in Gaston, Delaware County, Indiana (a standard USPS delivery area), with a modest 2,693 residents on file, a density of 21 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 47342 lands in the middle-income range, with a median household income of $75,030 (2% above the average Indiana ZIP), while per-capita income is $29,705. The poverty rate is 15.0%, with unemployment at 6.0%; those measures add context to the income figure. Median home value is $173,300 (10% below the average Indiana ZIP) and median rent is $900; 79.8% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 16.5% of adults hold a bachelor's degree or higher, the median age is 33.7, and the average commute is 29 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Delaware County, so 47342 can be compared with both its immediate and county-level context.
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 47342
Top 5 sectors by establishment count in Gaston, IN
Which industries have the most business establishments in ZIP 47342.
- Construction
Construction
7 establishments
- Other services (except public administration)
Other services (except public administration)
5 establishments
- Wholesale trade
Wholesale trade
4 establishments
- Retail trade
Retail trade
4 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
4 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 47342, Gaston, 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
2,693
Population
129.5
Area (sq mi)
21
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47342?
33.7
Median Age
50.3%
Male
49.7%
Female
2.0%
Foreign-Born
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?
$75,030
Median Household Income
+2% vs state ZIP avg
$29,705
Per Capita Income
15.0%
Poverty Rate
6.0%
Unemployment Rate
29.0 min
Mean Commute Time
How ZIP 47342 ranks among Indiana ZIPs
Gaston, IN household income vs. every Indiana ZIP code
Median household income among 721 reporting Indiana ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$75,030 Top 40% higher than 60% of 721 Indiana ZIPs
Each bar is a $20K-wide band; taller bars hold more Indiana 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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
1,065housing units
1,065
Total Housing Units
987
Occupied Units
78
Vacant Units
2.75
Avg Household Size
Occupancy Type
$173,300
Median Home Value
-10% vs state ZIP avg
$900
Median Rent
1970
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
+16.8%
YoY Change (2022)
177
HPI Index (2000 = 100)
+77%
Total Change Since 2000
Home values in ZIP 47342 have increased 16.8% over the past year (2022). Since 2000, this ZIP has seen +77% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2018 | +5.0% | 121 |
| 2019 | +2.9% | 124 |
| 2020 | +1.3% | 126 |
| 2021 | +20.6% | 152 |
| 2022 | +16.8% | 177 |
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 2022. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 29 business establishments in ZIP 47342, employing approximately 161 people with a combined annual payroll of $5,622,000.
29
Businesses
161
Employees
$5.6M
Annual Payroll
6
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 7 | 24.1% |
| Other services (except public administration) | 5 | 17.2% |
| Wholesale trade | 4 | 13.8% |
| Retail trade | 4 | 13.8% |
| Administrative and support and waste management and remediation services | 4 | 13.8% |
| Accommodation and food services | 3 | 10.3% |
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 47342 vs 46957 →
ZIP 47342 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47304
Muncie (47304)
30,516 residents
- 47303
Muncie (47303)
25,365 residents
- 46001 10,459
Alexandria (46001)
10,459 residents
- 47396 7,030
Yorktown (47396)
7,030 residents
- 47306 6,189
Muncie (47306)
6,189 residents
- 46989 5,195
Upland (46989)
5,195 residents
- 47305 4,106
Muncie (47305)
4,106 residents
- 47342 2,693
Gaston (47342)
2,693 residents
- 46070 2,351
Summitville (46070)
2,351 residents
What this shows Among its immediate neighbors, ZIP 47342 ranks #8 by population - useful context the national average alone can't give.
ZIP 47342 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 46989
Upland (46989)
$82,074 median income
- 47396
Yorktown (47396)
$78,125 median income
- 47342
Gaston (47342)
$75,030 median income
- 46001
Alexandria (46001)
$70,962 median income
- 47304
Muncie (47304)
$63,215 median income
- 46070
Summitville (46070)
$57,667 median income
- 46930
Fowlerton (46930)
$52,679 median income
- 46957
Matthews (46957)
$49,444 median income
- 47303
Muncie (47303)
$47,674 median income
What this shows By household income, ZIP 47342 ranks #3 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 46957 | Matthews, IN | 558 | 4.7 mi |
| 47396 | Yorktown, IN | 7,030 | 9.2 mi |
| 47304 | Muncie, IN | 30,516 | 6.7 mi |
| 46930 | Fowlerton, IN | 133 | 6.8 mi |
| 46989 | Upland, IN | 5,195 | 9.0 mi |
| 46070 | Summitville, IN | 2,351 | 7.9 mi |
| 47303 | Muncie, IN | 25,365 | 7.9 mi |
| 46001 | Alexandria, IN | 10,459 | 9.2 mi |
| 47306 | Muncie, IN | 6,189 | 9.9 mi |
| 47305 | Muncie, IN | 4,106 | 11.1 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 47342, both outside IN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (2,693 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Delaware County
Related Areas
Frequently Asked Questions
What county is ZIP code 47342 in?
ZIP code 47342 (Gaston) 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 47342?
ZIP code 47342 in Gaston, IN has a population of 2,693 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47342?
The median household income in ZIP 47342 is $75,030, which is 2% below the national average of $76,288.
What is the average home value in ZIP 47342?
The median home value in ZIP 47342 is $173,300, which is 38% below the national average of $278,155.
What is the demographic makeup of ZIP 47342?
The largest racial group in ZIP 47342 is White at 92.4%. Hispanic or Latino residents make up 5.4% of the population.
How many businesses are in ZIP code 47342?
ZIP code 47342 has 29 business establishments employing approximately 161 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47342?
The top industries by establishment count in ZIP 47342 are: Construction (7), Other services (except public administration) (5), Wholesale trade (4). There are 6 industry sectors represented in total.
How have home values changed in ZIP code 47342?
According to the FHFA House Price Index, home values in ZIP 47342 increased by 16.8% in 2022. Since 2000, home values in this ZIP have appreciated by approximately 77%. 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 47342?
In ZIP code 47342, 50.9% of residents aged 25+ have a high school diploma or higher, and 16.5% 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 47342?
The mean commute time for workers in ZIP code 47342 is 29.0 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 47342?
In ZIP code 47342, approximately 79.8% of occupied housing units are owner-occupied and 20.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47342?
The poverty rate in ZIP code 47342 is 15.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 47342's numbers, next.
- See how ZIP 47342 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Gaston, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.