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ZIP Code 47042

Ripley, Indiana

FIPS 47042

Juniper

ZIP Code 47042 is in the top 1% nationally for appreciation 1yr %. It also sits in the top 23% nationally for HPI growth 5yr %. And it sits in the 38th percentile nationally for median rent.

Median Home Value

$213,700

Near the U.S. ZIP codes median

HPI Growth 5yr %

53%

Higher than 77% of U.S. ZIP codes

FEMA Risk Score

61.9

Near the U.S. ZIP codes median

The basics

Total Population

3,839

Median Age

45.7

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$213,700

Near median

Median Property Tax

$1,087

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.83

Near median

Median Rent

$773

Lower than 62%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

53%

Higher than 77%

Appreciation 1yr %

20%

Higher than 99%

Pandemic Gain %

34%

Recession Drop %

-7%

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)

48.3

Annual Snowfall (in)

15.9

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

61.9

Near median

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 47042: frequently asked questions

What is the median home value in ZIP Code 47042?
The median home value in ZIP Code 47042 is $213,700, near the U.S. ZIP codes median.
How much is property tax in ZIP Code 47042?
The median annual property tax in ZIP Code 47042 is $1,087, an effective rate of 1% of home value.
Is ZIP Code 47042 expensive to live in?
Homes in ZIP Code 47042 cost about 2.83× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 47042?
The median gross rent in ZIP Code 47042 is $773 a month, lower than 62% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 47042?
Home prices in ZIP Code 47042 have moved 53% over the past five years (20% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 47042?
ZIP Code 47042 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 47042 at risk of flooding or natural disasters?
ZIP Code 47042's FEMA National Risk Index score is 61.9 (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 →