ZIP 47406 vs ZIP 47408
A side-by-side comparison of ZIP Code 47406 and ZIP Code 47408: population, income, housing, and more.
ZIP 47406 and ZIP 47408 are ZIP Code areas in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.
ZIP 47408 has the higher population (21,660 vs 8,356 in ZIP 47406). Since 2019, ZIP 47406's population has grown faster (+111.8% vs -16.1%).
Population, income & housing
| ZIP 47406 | ZIP 47408 | |
|---|---|---|
| Population | 8,356 | 21,660 |
| Median age | 19.2 yrs | 23.9 yrs |
| Median household income | — | $45,584 |
| Median home value | — | $304,600 |
| Median gross rent | $1,188 | $1,177 |
| Housing units | 19 | 10,456 |
| Homeownership rate | 0.0% | 38.2% |
| Bachelor's degree or higher | 59.6% | 59.4% |
| Unemployment rate | 9.9% | 6.1% |
Trends (ACS 5-year, 2019–2023)
| ZIP 47406 | ZIP 47408 | |
|---|---|---|
| Population | 3,945 → 8,356 (+111.8%) | 25,804 → 21,660 (-16.1%) |
| Median household income | — | $35,985 → $45,584 (+26.7%) |
| Median home value | — | $207,100 → $304,600 (+47.1%) |
| Median gross rent | $1,219 → $1,188 (-2.5%) | $918 → $1,177 (+28.2%) |
ZIP 47406
3,9458,356
$1,219$1,188
ZIP 47408
25,80421,660
$35,985$45,584
$207,100$304,600
$918$1,177
Age & race/ethnicity
Age distribution (share)
| ZIP 47406 | ZIP 47408 | |
|---|---|---|
| Under 5 | 0.0% | 2.9% |
| 5 to 17 | 0.6% | 7.7% |
| 18 to 24 | 97.8% | 41.8% |
| 25 to 34 | 1.0% | 14.5% |
| 35 to 44 | 0.3% | 6.7% |
| 45 to 54 | 0.4% | 7.9% |
| 55 to 64 | 0.0% | 5.9% |
| 65 to 74 | 0.0% | 4.8% |
| 75 and over | 0.0% | 7.7% |
Race & ethnicity (share)
| ZIP 47406 | ZIP 47408 | |
|---|---|---|
| White (non-Hispanic) | 75.4% | 78.4% |
| Black or African American | 2.9% | 2.9% |
| American Indian & Alaska Native | 0.0% | 0.0% |
| Asian | 12.6% | 9.5% |
| Native Hawaiian & Pacific Islander | 0.0% | 0.0% |
| Some other race | 0.0% | 0.4% |
| Two or more races | 3.1% | 4.1% |
| Hispanic or Latino | 6.0% | 4.7% |
Educational attainment (age 25+)
Share of adults 25+
| ZIP 47406 | ZIP 47408 | |
|---|---|---|
| No high school diploma | 2.1% | 2.5% |
| High school graduate | 2.8% | 17.2% |
| Some college or associate's | 35.5% | 20.9% |
| Bachelor's degree | 58.9% | 28.9% |
| Graduate or professional degree | 0.7% | 30.5% |
Commute to work
How workers get to work (share)
| ZIP 47406 | ZIP 47408 | |
|---|---|---|
| Drove alone | 24.3% | 61.5% |
| Carpooled | 6.4% | 9.8% |
| Public transit | 4.6% | 3.8% |
| Walked | 40.8% | 8.5% |
| Bicycle | 2.2% | 1.3% |
| Worked from home | 17.3% | 14.2% |
| Other means | 4.5% | 0.9% |
Housing
Units in structure (share)
| ZIP 47406 | ZIP 47408 | |
|---|---|---|
| 1-unit, detached | 5.3% | 46.2% |
| 1-unit, attached | 0.0% | 3.3% |
| 2 to 4 units | 26.3% | 7.9% |
| 5 to 19 units | 21.1% | 24.9% |
| 20 or more units | 47.4% | 16.1% |
| Mobile home & other | 0.0% | 1.6% |
Poverty & households
| ZIP 47406 | ZIP 47408 | |
|---|---|---|
| Poverty rate | 55.6% | 32.5% |
| Average household size | 2.21 | 2.13 |
| Mean commute (minutes) | 16 | 19 |
| Median year structure built | 2013 | 1978 |