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ZIP Code 47408

Monroe, Indiana

FIPS 47408

Juniper

ZIP Code 47408 is in the top 15% nationally for appreciation 1yr %, but in the bottom 4% nationally for price-to-income ratio. It also sits in the top 20% nationally for FEMA risk score. And it sits in the 76th percentile nationally for median home value.

Median Home Value

$346,900

Higher than 76% of U.S. ZIP codes

HPI Growth 5yr %

46%

Higher than 68% of U.S. ZIP codes

FEMA Risk Score

36.2

Lower than 80% of U.S. ZIP codes

The basics

Total Population

23,053

Median Age

23.3

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$346,900

Higher than 76%

Median Property Tax

$2,578

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

7.6

Higher than 96%

Median Rent

$1,215

Higher than 73%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

46%

Higher than 68%

Appreciation 1yr %

5.6%

Higher than 85%

Pandemic Gain %

35%

Recession Drop %

1.7%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

83.8

Winter Avg Low (°F)

23.2

Avg Temperature (°F)

53.3

Hot Days/yr (>90°F)

20.8

Freezing Days/yr (<32°F)

108.6

Annual Precipitation (in)

49.4

Annual Snowfall (in)

17.5

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

36.2

Lower than 80%

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 47408: frequently asked questions

What is the median home value in ZIP Code 47408?
The median home value in ZIP Code 47408 is $346,900, higher than 76% of U.S. ZIP codes.
How much is property tax in ZIP Code 47408?
The median annual property tax in ZIP Code 47408 is $2,578, an effective rate of 1% of home value.
Is ZIP Code 47408 expensive to live in?
Homes in ZIP Code 47408 cost about 7.6× the median household income, higher than 96% of U.S. ZIP codes.
What is the average rent in ZIP Code 47408?
The median gross rent in ZIP Code 47408 is $1,215 a month, higher than 73% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 47408?
Home prices in ZIP Code 47408 have moved 46% over the past five years (5.6% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 47408?
ZIP Code 47408 averages 53.3°F year-round, summer highs near 83.8°F, winter lows around 23.2°F (NOAA 1991–2020 normals). It sees about 17.5 inches of snow a year.
Is ZIP Code 47408 at risk of flooding or natural disasters?
ZIP Code 47408's FEMA National Risk Index score is 36.2 (lower than 80% 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 →