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ZIP Code 47403

Monroe, Indiana

ZCTA 47403

Juniper

ZIP Code 47403 is in the lowest 20% nationally for FEMA risk score. It also sits in the lowest 27% nationally for home price growth over five years. And it sits in the lowest 29% nationally for home price growth over the past year.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$267,771

Lower than 68% of U.S. ZIP codes
Home Price Growth, Past Five Years

44%

Lower than 73% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

38.5

Lower than 80% of U.S. ZIP codes

The boundary of ZIP Code 47403, in Monroe, Indiana.

The basics

Total Population

34,396

Median Age

35.4

Population Density

404.59

Home values & property tax

Median Property Tax

$1,517

Property Tax Rateyearly tax as a share of home value

0.63%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.4×

Higher than 58% of U.S. ZIP codes
Median Income

$70,582

Near the U.S. ZIP codes median
Median Rent

$1,167

Higher than 62% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

0.85%

Lower than 71% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

41%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

-1.4%

Climate & weather

Summer Avg High (°F)

83.9

Winter Avg Low (°F)

24.4

Avg Temperature (°F)

53.8

Hot Days/yr (>90°F)

20.2

Freezing Days/yr (<32°F)

108.3

Annual Precipitation (in)

46.9

Annual Snowfall (in)

17.5

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

38.5

Lower than 80% of U.S. ZIP codes

The full report

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

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 47403: frequently asked questions

What is the typical home value in ZIP Code 47403?
The estimated median home value in ZIP Code 47403 today is $267,771, lower than 68% of U.S. ZIP codes.
How much is property tax in ZIP Code 47403?
The median annual property tax in ZIP Code 47403 is $1,517, an effective rate of 0.63% of home value.
Is ZIP Code 47403 expensive to live in?
Homes in ZIP Code 47403 cost about 3.4× the median household income, higher than 58% of U.S. ZIP codes.
What is the average rent in ZIP Code 47403?
The median gross rent in ZIP Code 47403 is $1,167 a month, higher than 62% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 47403?
Home prices in ZIP Code 47403 have moved 44% over the past five years (0.85% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 47403?
ZIP Code 47403 has a population of 34,396, about 404.59 people per square mile, per the U.S. Census American Community Survey. The median age is 35.4.
What is the weather like in ZIP Code 47403?
ZIP Code 47403 averages 53.8°F year-round, summer highs near 83.9°F, winter lows around 24.4°F (NOAA 1991–2020 normals). It sees about 17.5 inches of snow a year.
Is ZIP Code 47403 at risk of flooding or natural disasters?
ZIP Code 47403's FEMA National Risk Index score is 38.5 (lower than 80% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding.

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

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