PlainZIP

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
$75,030
Median income
$173,300
Median home value
16.5%
Bachelor's or higher

The verdict

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 Indiana average), while per-capita income is $29,705. 15.0% of residents live below the poverty line, and the unemployment rate reads 6.0%. On housing, the median home value is $173,300 (10% below the state average) with median rent at $900 per month, and 79.8% of occupied units 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. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Delaware County, letting you compare 47342 to its immediate surroundings rather than a national baseline 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 47342

Top 5 sectors by establishment count in Gaston, IN

Which industries have the most business establishments in ZIP 47342.

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 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

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 47342?

33.7

Median Age

50.3%

Male

49.7%

Female

2.0%

Foreign-Born

White 92.4%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.1%
Hispanic or Latino 5.4%

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?

$75,030

Median Household Income

+2% vs state

$29,705

Per Capita Income

15.0%

Poverty Rate

6.0%

Unemployment Rate

29.0 min

Mean Commute Time

How ZIP 47342 ranks nationally

Gaston, IN household income vs. every US ZIP code

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

$75,030 Top 45% higher than 55% 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 50.9%
Bachelor's Degree or Higher 16.5%

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

What does housing look like?

1,065

Total Housing Units

987

Occupied Units

78

Vacant Units

2.75

Avg Household Size

Occupancy Type

Owner 79.8%
Renter 20.2%

$173,300

Median Home Value

-10% vs state

$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.

residents

What this shows Among its immediate neighbors, ZIP 47342 ranks #8 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 47342 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 47342 ranks #3 of 9 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
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

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 Gaston, IN Indiana

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.

Read our methodology to see how this data is sourced, computed, and verified.