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
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
Median Rent
$1,215
Home prices & appreciation
Ranked against U.S. ZIP codes.
HPI Growth 5yr %
46%
Appreciation 1yr %
5.6%
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
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 →