ZIP Code 47964 — Mount Ayr town, IN Demographics & Data

ZIP code 47964 covers Mount Ayr, IN in Newton County with a population of about 93.

At a glance, the area shows median age of 45.5 versus a U.S. median of about 38.9.

It sits in telephone area code 219; U.S. House district IN-4; the CHICAGO media market.

Median household income in ZIP 47964 is about $45,000 — about 40% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 22.6%; unemployment rate near 2.3%; 4.0% of adults with a bachelor’s degree or higher (about 29.7 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Retail trade, and Food services; about 5.7% of workers reporting work-from-home (about 9.5 points below the U.S. share (15.2%)); a mean commute of about 33.0 minutes (U.S. average near 26.8).

Median home value is about $88,500 — about 75% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 97.5% (about 32.1 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 47964 in Mount Ayr, IN, a household would need roughly $24,000 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 $569. That sits below the local median household income ($45,000), 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 Ayr town, IN as Very Low (composite score 11.7), which is relatively lower than many U.S. communities. The strongest component scores on US5 are flood (19.3) and hurricane (16.4). 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 Ayr town, IN show little to no average snow and around 40.1 inches of annual precipitation.

IRS migration statistics show a net inflow of about 4 for ZIP 47964 (Mount Ayr 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.