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ZIP code 47340: Farmland, IN

47340 is a ZIP code in Farmland, Indiana, mainly in Randolph County. About 3,051 people live here.

Population
3,051
Median household income
$63,205
Typical home value
$181,400+9.7% in 12 months
Median rent
$876gross, per month
Median age
41.8
Homeowners
76.1%of occupied homes
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Shaded: ZIP code 47340's area. Click anywhere on the map to see which ZIP code it's in.

ZIP codes within 10 milesWithin 25 miles

ZIP code 47340 details

CityFarmland
StateIndiana
CountyRandolph County
Metro areaNot in a metro or micro area
Time zoneEastern Time (UTC−5), observes daylight saving time
TypeStandard (delivery area)
Land area53.4 sq mi, plus 0.1 sq mi of water
Population density57 people per sq mi
Bachelor's degree or higher24.8% of adults 25+
Average commute25.3 minutes
Center coordinates40.18076, -85.13366

Median rent in 47340 by bedrooms

SizeMedian gross rent
1 bedroom$580/mo
2 bedrooms$734/mo
3 bedrooms$1,069/mo

Gross rent includes utilities paid by the tenant. ACS 2020–2024; sizes with too few rentals to estimate are left out.

ZIP codes near 47340

ZIP codeCityDistancePopulation
47368Parker City, IN3.2 mi2,086
47383Selma, IN7.2 mi2,612
47394Winchester, IN7.8 mi7,879
47380Ridgeville, IN8.6 mi1,924
47358Modoc, IN8.6 mi818
47320Albany, IN9.7 mi4,563
47354Losantville, IN10.2 mi1,182
47373Redkey, IN11.0 mi2,200

Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology

Buying a home in 47340?

A typical home in ZIP code 47340 is worth about $181,400 (Zillow Home Value Index). The median household here earns $63,205 a year. See what buying here would cost per month, with Indiana average taxes and insurance filled in.

Monthly payment for a $181,400 homeWhat can a $63,205 income afford?Rental property numbers

About ZIP code 47340

What city is ZIP code 47340?

ZIP code 47340 is in Farmland, IN, in Randolph County.

What county is ZIP code 47340 in?

47340 is mainly in Randolph County, Indiana.

What is the population of ZIP code 47340?

About 3,051 people live in ZIP code 47340, according to the American Community Survey 2020–2024 5-year estimates.

What time zone is ZIP code 47340 in?

47340 is in Eastern Time (UTC−5). It observes daylight saving time.