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Home Indiana ZIP 47305

Food Truck Market: ZIP 47305

Opportunity Score
48 / 100 Fair
Based on walkability, population density, income levels, and food truck competition.

Market Profile

ZIP 47305 scores 10.4/20 for walkability — foot traffic is there. Income levels run 56% below the national average though, which puts real pressure on menu pricing. Value-forward concepts outperform premium ones in markets like this. Customers in this ZIP are price-conscious. That's not a reason to avoid it — it's a reason to price correctly from day one.

Market Summary

ZIP 47305 is an urban area with moderate foot traffic. with a population of 3,570 and household incomes below the national median ($33,125). There are 15 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

3,570
Population
$33,125
Median Income
-56% vs. national
Urban
Area Type
10.4/20
Foot Traffic
Walkable
Median Age: 37.9 — mixed-age market, broad menu appeal.
College-Educated: 13.2% — value-focused market, keep prices competitive.

Competition

Food service establishments in ZIP 47305.

9
Sit-Down Restaurants
25.2 per 10K residents
6
Fast Food / Counter
16.8 per 10K residents

Operating Costs

Local cost levels affect commissary kitchen rates, permits, and event vendor pricing.

$930
2BR Fair Market Rent
$744
Median Gross Rent
$77 K
Median Home Value
5
Bank Branches
$1.7 M deposits
Commissary estimate: This is a moderate-cost area. Monthly commissary kitchen rentals typically run $110–$310 in markets like this.

What to Expect Here

Fixed Location Beats Roaming

High-foot-traffic areas reward consistency. If you can secure a recurring spot near offices or transit stops, build your weekly schedule around it. Regular customers drive more revenue than novelty seekers.

Price for the Market

This is a price-sensitive ZIP. Operators who succeed here lead with value — generous portions, clear value signals, combo deals. A $15 entrée is a hard sell when the median income is $33,125.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits