ZIP Code 47361 — Mount Summit town, IN Demographics & Data

ZIP code 47361 covers Mount Summit, IN in Henry County with a population of about 268.

At a glance, the area shows median age of 46.0 versus a U.S. median of about 38.9.

It sits in telephone area code 765; U.S. House district IN-6; the INDIANAPOLIS media market.

Mount Summit, IN fits a retirement-oriented profile (high share of residents 65+ (36.9%)). Residents and relocators commonly research healthcare access, everyday amenities (dining, personal services), and housing costs rather than tech or campus life.

Median household income in ZIP 47361 is about $65,221 — about 13% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 4.8%; unemployment rate near 0.0%; 29.5% of adults with a bachelor’s degree or higher (about 4.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Education; about 15.1% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 73.0 minutes (U.S. average near 26.8).

Median home value is about $131,300 — about 62% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $629 (about 46% below the U.S. median rent ($1,163)), and owner-occupancy near 71.3% (about 5.9 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 47361 in Mount Summit, IN, a household would need roughly $36,000 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 $843. That sits below the local median household income ($65,221), 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 Mount Summit town, IN as Relatively Low (composite score 44.8), which is near the middle of the national distribution. The strongest component scores on US5 are flood (54.8) and hurricane (20.6). 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 Mount Summit town, IN show little to no average snow and around 44.4 inches of annual precipitation.

IRS migration statistics show a net inflow of about 12 for ZIP 47361 (Mount Summit town, 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.