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ZIP Code 47331

Fayette, Indiana

FIPS 47331

Juniper

ZIP Code 47331 is in the top 18% nationally for HPI growth 5yr %. It also sits in the top 20% nationally for appreciation 1yr %. And it sits in the 27th percentile nationally for median home value.

Median Home Value

$132,400

Lower than 73% of U.S. ZIP codes

HPI Growth 5yr %

56%

Higher than 82% of U.S. ZIP codes

FEMA Risk Score

59

Lower than 58% of U.S. ZIP codes

The basics

Total Population

22,786

Median Age

43

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$132,400

Lower than 73%

Median Property Tax

$950

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.25

Lower than 69%

Median Rent

$789

Lower than 61%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

56%

Higher than 82%

Appreciation 1yr %

4%

Higher than 80%

Pandemic Gain %

52%

Recession Drop %

-11%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

82.1

Winter Avg Low (°F)

22.1

Avg Temperature (°F)

51.7

Hot Days/yr (>90°F)

13.1

Freezing Days/yr (<32°F)

119.1

Annual Precipitation (in)

45

Annual Snowfall (in)

24.9

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

59

Lower than 58%

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 47331: frequently asked questions

What is the median home value in ZIP Code 47331?
The median home value in ZIP Code 47331 is $132,400, lower than 73% of U.S. ZIP codes.
How much is property tax in ZIP Code 47331?
The median annual property tax in ZIP Code 47331 is $950, an effective rate of 1% of home value.
Is ZIP Code 47331 expensive to live in?
Homes in ZIP Code 47331 cost about 2.25× the median household income, lower than 69% of U.S. ZIP codes.
What is the average rent in ZIP Code 47331?
The median gross rent in ZIP Code 47331 is $789 a month, lower than 61% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 47331?
Home prices in ZIP Code 47331 have moved 56% over the past five years (4% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 47331?
ZIP Code 47331 averages 51.7°F year-round, summer highs near 82.1°F, winter lows around 22.1°F (NOAA 1991–2020 normals). It sees about 24.9 inches of snow a year.
Is ZIP Code 47331 at risk of flooding or natural disasters?
ZIP Code 47331's FEMA National Risk Index score is 59 (lower than 58% 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 →