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ZIP Code 47940

Montgomery, Indiana

FIPS 47940

Juniper

ZIP Code 47940 is in the top 3% nationally for appreciation 1yr %. It also sits in the top 24% nationally for FEMA risk score. And it sits in the top 28% nationally for price-to-income ratio.

Median Home Value

$152,100

Lower than 67% of U.S. ZIP codes

FEMA Risk Score

41.3

Lower than 76% of U.S. ZIP codes

The basics

Total Population

1,421

Median Age

43.1

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$152,100

Lower than 67%

Median Property Tax

$873

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

2.15

Lower than 72%

Median Rent

$784

Lower than 61%

Home prices & appreciation

Ranked against U.S. ZIP codes.

Appreciation 1yr %

14%

Higher than 97%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

81.7

Winter Avg Low (°F)

20

Avg Temperature (°F)

50.4

Hot Days/yr (>90°F)

12.4

Freezing Days/yr (<32°F)

139.5

Annual Precipitation (in)

41.3

Annual Snowfall (in)

21.7

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

41.3

Lower than 76%

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 47940: frequently asked questions

What is the median home value in ZIP Code 47940?
The median home value in ZIP Code 47940 is $152,100, lower than 67% of U.S. ZIP codes.
How much is property tax in ZIP Code 47940?
The median annual property tax in ZIP Code 47940 is $873, an effective rate of 1% of home value.
Is ZIP Code 47940 expensive to live in?
Homes in ZIP Code 47940 cost about 2.15× the median household income, lower than 72% of U.S. ZIP codes.
What is the average rent in ZIP Code 47940?
The median gross rent in ZIP Code 47940 is $784 a month, lower than 61% of U.S. ZIP codes.
What is the weather like in ZIP Code 47940?
ZIP Code 47940 averages 50.4°F year-round, summer highs near 81.7°F, winter lows around 20°F (NOAA 1991–2020 normals). It sees about 21.7 inches of snow a year.
Is ZIP Code 47940 at risk of flooding or natural disasters?
ZIP Code 47940's FEMA National Risk Index score is 41.3 (lower than 76% of U.S. ZIP codes). Its greatest modeled natural hazard is strong_wind.

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