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ZIP Code 47031

Ripley, Indiana

FIPS 47031

Juniper

ZIP Code 47031 is in the top 1% nationally for appreciation 1yr %, but in the bottom 30% nationally for FEMA risk score. It also sits in the top 2% nationally for HPI growth 5yr %. And it sits in the 36th percentile nationally for median rent.

Median Home Value

$195,600

Near the U.S. ZIP codes median

HPI Growth 5yr %

83%

Higher than 98% of U.S. ZIP codes

FEMA Risk Score

79.8

Higher than 70% of U.S. ZIP codes

The basics

Total Population

5,659

Median Age

43.2

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$195,600

Near median

Median Property Tax

$1,136

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.77

Near median

Median Rent

$755

Lower than 64%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

83%

Higher than 98%

Appreciation 1yr %

22%

Higher than 99%

Pandemic Gain %

31%

Recession Drop %

-9.2%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

81.2

Winter Avg Low (°F)

21.7

Avg Temperature (°F)

51.3

Hot Days/yr (>90°F)

6.6

Freezing Days/yr (<32°F)

127.8

Annual Precipitation (in)

47.3

Annual Snowfall (in)

15.9

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

79.8

Higher than 70%

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 47031: frequently asked questions

What is the median home value in ZIP Code 47031?
The median home value in ZIP Code 47031 is $195,600, near the U.S. ZIP codes median.
How much is property tax in ZIP Code 47031?
The median annual property tax in ZIP Code 47031 is $1,136, an effective rate of 1% of home value.
Is ZIP Code 47031 expensive to live in?
Homes in ZIP Code 47031 cost about 2.77× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 47031?
The median gross rent in ZIP Code 47031 is $755 a month, lower than 64% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 47031?
Home prices in ZIP Code 47031 have moved 83% over the past five years (22% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 47031?
ZIP Code 47031 averages 51.3°F year-round, summer highs near 81.2°F, winter lows around 21.7°F (NOAA 1991–2020 normals). It sees about 15.9 inches of snow a year.
Is ZIP Code 47031 at risk of flooding or natural disasters?
ZIP Code 47031's FEMA National Risk Index score is 79.8 (higher than 70% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →