ZIP Code 47837 — Carbon town, IN Demographics & Data

ZIP code 47837 covers Carbon, IN in Parke County with a population of about 876.

At a glance, the area shows median age of 40.0 (near the U.S. median).

It sits in telephone area codes 765, 812, 930; U.S. House district IN-8; the TERRE HAUTE media market.

Median household income in ZIP 47837 is about $82,750 — about 10% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 3.5%; unemployment rate near 3.6%; 17.3% of adults with a bachelor’s degree or higher (about 16.4 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Professional services, and Healthcare; about 12.4% of workers reporting work-from-home (about 2.8 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 $137,100 — about 61% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $619 (about 47% below the U.S. median rent ($1,163)), and owner-occupancy near 95.6% (about 30.2 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 47837 in Carbon, IN, a household would need roughly $38,000 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 $881. That sits below the local median household income ($82,750), 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 Carbon town, IN as Very Low (composite score 27.6), which is relatively lower than many U.S. communities. The strongest component scores on US5 are flood (34.4) and hurricane (26.4). 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 Carbon town, IN show little to no average snow and around 47.4 inches of annual precipitation.

IRS migration statistics show a net inflow of about 40 for ZIP 47837 (Carbon 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.