The basics
Total Population
5,275
Median Age
43.1
Home values & property tax
Ranked against U.S. ZIP codes.
Median Home Value
$199,100
Median Property Tax
$1,050
Effective Tax Rate
1%
Cost of living & affordability
Ranked against U.S. ZIP codes.
Price-to-Income Ratio
2.65
Median Rent
$848
Home prices & appreciation
Ranked against U.S. ZIP codes.
HPI Growth 5yr %
68%
Appreciation 1yr %
-5.9%
Pandemic Gain %
50%
Recession Drop %
-16%
Climate & weather
Ranked against U.S. ZIP codes.
Summer Avg High (°F)
83.8
Winter Avg Low (°F)
21.5
Avg Temperature (°F)
53
Hot Days/yr (>90°F)
12.2
Freezing Days/yr (<32°F)
119.9
Annual Precipitation (in)
47.4
Annual Snowfall (in)
6.5
Flood & disaster risk
Ranked against U.S. ZIP codes.
FEMA Risk Score
63
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 47040: frequently asked questions
- What is the median home value in ZIP Code 47040?
- The median home value in ZIP Code 47040 is $199,100, near the U.S. ZIP codes median.
- How much is property tax in ZIP Code 47040?
- The median annual property tax in ZIP Code 47040 is $1,050, an effective rate of 1% of home value.
- Is ZIP Code 47040 expensive to live in?
- Homes in ZIP Code 47040 cost about 2.65× the median household income, lower than 58% of U.S. ZIP codes.
- What is the average rent in ZIP Code 47040?
- The median gross rent in ZIP Code 47040 is $848 a month, near the U.S. ZIP codes median.
- How much have home prices grown in ZIP Code 47040?
- Home prices in ZIP Code 47040 have moved 68% over the past five years (-5.9% in the past year), per the FHFA House Price Index.
- What is the weather like in ZIP Code 47040?
- ZIP Code 47040 averages 53°F year-round, summer highs near 83.8°F, winter lows around 21.5°F (NOAA 1991–2020 normals). It sees about 6.5 inches of snow a year.
- Is ZIP Code 47040 at risk of flooding or natural disasters?
- ZIP Code 47040's FEMA National Risk Index score is 63 (near the U.S. ZIP codes median). 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 →