ZIP Code 47304 — Muncie city, IN Demographics & Data

ZIP code 47304 covers Muncie, IN in Delaware County with a population of about 31,432.

At a glance, the area shows median age of 36.5 versus a U.S. median of about 38.9.

It sits in telephone area code 765; U.S. House district IN-5; the INDIANAPOLIS media market.

Median household income in ZIP 47304 is about $67,756 — about 10% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 15.4%; unemployment rate near 4.4%; 41.0% of adults with a bachelor’s degree or higher (about 7.3 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Education, Healthcare, and Retail trade; about 7.2% of workers reporting work-from-home (about 8.0 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $161,700 — about 54% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $777 (about 33% below the U.S. median rent ($1,163)), and owner-occupancy near 66.2% (roughly in line with the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 47304 in Muncie, IN, a household would need roughly $45,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,039. That sits below the local median household income ($67,756), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Muncie city, IN as Relatively Low (composite score 76.3), which is elevated versus much of the country. The strongest component scores on US5 are flood (82.5) and hurricane (31.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Muncie city, IN show little to no average snow and around 40.3 inches of annual precipitation.

IRS migration statistics show a net inflow of about 1,445 for ZIP 47304 (Muncie city, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.