PlainZIP

Winchester, IN · standard

ZIP Code 47394

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

8,470
27/sq mi
$59,913
Median income
$111,300
Median home value
15.2%
Bachelor's or higher

The verdict

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

29th pct
household income, US ZIPs
13th pct
home value, US ZIPs
27
people per sq mi
77%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47394 against every reporting US ZIP.

ZIP code 47394 is a mid-sized community (a standard USPS delivery area) in Winchester, Randolph County, Indiana, home to 8,470 residents across 312.5 square miles, a density of 27 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 47394 reports a modest median household income of $59,913 (19% below the Indiana average), while per-capita income is $31,623. Local economic indicators show a 13.5% poverty rate alongside 5.8% unemployment. The typical home here is valued at $111,300 (42% below the state average); renters pay a median of $797 monthly, and 76.7% of units 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 40.8, and the average commute is 19 minutes. Beyond these figures, 6 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Randolph County, letting you compare 47394 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 47394

Top 5 sectors by establishment count in Winchester, IN

Which industries have the most business establishments in ZIP 47394.

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 47394, Winchester, 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

8,470

Population

312.5

Area (sq mi)

27

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 47394?

40.8

Median Age

49.0%

Male

51.0%

Female

1.6%

Foreign-Born

White 95.5%
African American 0.4%
Asian 1.1%
American Indian or Alaska Native 0.6%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 2.3%
Hispanic or Latino 1.7%

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?

$59,913

Median Household Income

-19% vs state

$31,623

Per Capita Income

13.5%

Poverty Rate

5.8%

Unemployment Rate

18.7 min

Mean Commute Time

How ZIP 47394 ranks nationally

Winchester, IN household income vs. every US ZIP code

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

$59,913 29th percentile higher than 29% 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%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $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 59.6%
Bachelor's Degree or Higher 15.2%

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

What does housing look like?

3,654

Total Housing Units

3,307

Occupied Units

347

Vacant Units

2.33

Avg Household Size

Occupancy Type

Owner 76.7%
Renter 23.3%

$111,300

Median Home Value

-42% vs state

$797

Median Rent

1957

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

+32.0%

YoY Change (2024)

205

HPI Index (2000 = 100)

+105%

Total Change Since 2000

Home values in ZIP 47394 have increased 32.0% over the past year (2024). Since 2000, this ZIP has seen +105% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.0% 120
2021 +12.0% 135
2022 +15.6% 156
2023 -0.3% 155
2024 +32.0% 205

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 219 business establishments in ZIP 47394, employing approximately 3,106 people with a combined annual payroll of $162,188,000.

219

Businesses

3,106

Employees

$162.2M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 37 16.9%
Retail trade 29 13.2%
Other services (except public administration) 22 10.1%
Accommodation and food services 21 9.6%
Professional, scientific, and technical services 20 9.1%
Transportation and warehousing 13 5.9%
Manufacturing 12 5.5%
Finance and insurance 12 5.5%
Real estate and rental and leasing 12 5.5%
Construction 11 5.0%
Administrative and support and waste management and remediation services 8 3.6%
Arts, entertainment, and recreation 7 3.2%
Wholesale trade 5 2.3%
Utilities 4 1.8%
Information 4 1.8%

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 47394 vs 47382 →

ZIP 47394 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 47394 ranks the most populous - useful context the national average alone can't give.

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

ZIP 47394 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 47394 ranks #4 of 7 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
47382 Saratoga, IN 200 5.9 mi
47340 Farmland, IN 2,914 7.7 mi
47380 Ridgeville, IN 2,004 8.4 mi
47390 Union City, IN 5,310 7.8 mi
47355 Lynn, IN 2,885 9.1 mi
47358 Modoc, IN 996 10.3 mi

More ZIP Codes in Randolph County

47390 standard
Union City, IN
Pop: 5,310
47340 standard
Farmland, IN
Pop: 2,914
47355 standard
Lynn, IN
Pop: 2,885
47368 standard
Parker City, IN
Pop: 2,845
47380 standard
Ridgeville, IN
Pop: 2,004
47354 standard
Losantville, IN
Pop: 1,129

Related Areas

Randolph County Winchester, IN Indiana

Frequently Asked Questions

What county is ZIP code 47394 in? ▼
ZIP code 47394 (Winchester) is located in Randolph County, Indiana. Randolph County contains multiple ZIP codes, see the full list at /counties/randolph-in.
What is the population of ZIP code 47394? ▼
ZIP code 47394 in Winchester, IN has a population of 8,470 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47394? ▼
The median household income in ZIP 47394 is $59,913, which is 21% below the national average of $76,288.
What is the average home value in ZIP 47394? ▼
The median home value in ZIP 47394 is $111,300, which is 60% below the national average of $278,155.
What is the demographic makeup of ZIP 47394? ▼
The largest racial group in ZIP 47394 is White at 95.5%. Hispanic or Latino residents make up 1.7% of the population.
How many businesses are in ZIP code 47394? ▼
ZIP code 47394 has 219 business establishments employing approximately 3,106 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47394? ▼
The top industries by establishment count in ZIP 47394 are: Health care and social assistance (37), Retail trade (29), Other services (except public administration) (22). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 47394? ▼
According to the FHFA House Price Index, home values in ZIP 47394 increased by 32.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 105%. 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 47394? ▼
In ZIP code 47394, 59.6% 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 47394? ▼
The mean commute time for workers in ZIP code 47394 is 18.7 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 47394? ▼
In ZIP code 47394, approximately 76.7% of occupied housing units are owner-occupied and 23.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47394? ▼
The poverty rate in ZIP code 47394 is 13.5% 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.