ZIP Code 47958 — Mellott town, IN Demographics & Data

ZIP code 47958 covers Mellott, IN in Fountain County with a population of about 196.

At a glance, the area shows median age of 37.0 versus a U.S. median of about 38.9.

It sits in telephone area code 765; U.S. House district IN-4; the INDIANAPOLIS media market.

Median household income in ZIP 47958 is about $84,583 — about 13% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 11.7%; unemployment rate near 3.3%; 18.5% of adults with a bachelor’s degree or higher (about 15.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Agriculture; a mean commute of about 88.0 minutes (U.S. average near 26.8).

Median home value is about $152,200 — about 56% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $321 (about 72% below the U.S. median rent ($1,163)), and owner-occupancy near 84.3% (about 18.9 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 47958 in Mellott, IN, a household would need roughly $42,000 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 $978. That sits below the local median household income ($84,583), 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 Mellott town, IN as Very Low (composite score 21.2), which is relatively lower than many U.S. communities. The strongest component scores on US5 are hurricane (29.1) and flood (21.1). 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 Mellott 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 9 for ZIP 47958 (Mellott 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.