Back to Explorer

ZIP Code 47840

Clay, Indiana

FIPS 47840

Juniper

ZIP Code 47840 is in the top 10% nationally for HPI growth 5yr %, but in the bottom 36% nationally for FEMA risk score. It also sits in the top 18% nationally for price-to-income ratio. And it sits in the 35th percentile nationally for median rent.

Median Home Value

$170,000

Lower than 60% of U.S. ZIP codes

HPI Growth 5yr %

64%

Higher than 90% of U.S. ZIP codes

FEMA Risk Score

75.8

Higher than 64% of U.S. ZIP codes

The basics

Total Population

1,970

Median Age

37.8

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$170,000

Lower than 60%

Median Property Tax

$685

Effective Tax Rate

0%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

1.65

Lower than 82%

Median Rent

$742

Lower than 65%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

64%

Higher than 90%

Pandemic Gain %

22%

Recession Drop %

-20%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

84.9

Winter Avg Low (°F)

23.3

Avg Temperature (°F)

53.8

Hot Days/yr (>90°F)

25

Freezing Days/yr (<32°F)

111.1

Annual Precipitation (in)

46.9

Annual Snowfall (in)

14.7

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

75.8

Higher than 64%

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 47840: frequently asked questions

What is the median home value in ZIP Code 47840?
The median home value in ZIP Code 47840 is $170,000, lower than 60% of U.S. ZIP codes.
How much is property tax in ZIP Code 47840?
The median annual property tax in ZIP Code 47840 is $685, an effective rate of 0% of home value.
Is ZIP Code 47840 expensive to live in?
Homes in ZIP Code 47840 cost about 1.65× the median household income, lower than 82% of U.S. ZIP codes.
What is the average rent in ZIP Code 47840?
The median gross rent in ZIP Code 47840 is $742 a month, lower than 65% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 47840?
Home prices in ZIP Code 47840 have moved 64% over the past five years, per the FHFA House Price Index.
What is the weather like in ZIP Code 47840?
ZIP Code 47840 averages 53.8°F year-round, summer highs near 84.9°F, winter lows around 23.3°F (NOAA 1991–2020 normals). It sees about 14.7 inches of snow a year.
Is ZIP Code 47840 at risk of flooding or natural disasters?
ZIP Code 47840's FEMA National Risk Index score is 75.8 (higher than 64% 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 →