ZIP Code 47408

ZIP Code Tabulation Area in Monroe County, Indiana.

Population: 21,660
Median household income: $45,584
Median home value: $304,600

ZIP Code 47408 (Monroe County, Indiana) is home to about 21,660 residents. At $45,584, its median household income sits below Monroe County's $63,372.

From 2019 to 2023, ZIP Code 47408's population declined 16.1% from 25,804 to 21,660, while its median gross rent rose 28.2% from $918 to $1,177.

The typical home was built around 1978. 32.5% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 21,660
Median age: 23.9 yrs
Median household income: $45,584
Median home value: $304,600
Median gross rent: $1,177
Housing units: 10,456
Homeownership rate: 38.2%
Bachelor's degree or higher: 59.4%
Unemployment rate: 6.1%

Trends

ACS 5-year · 2019–2023

Population

25,80421,660

Median household income

$35,985$45,584

Median home value

$207,100$304,600

Median gross rent

$918$1,177

Year	Population	Median household income	Median home value	Median gross rent
2019	25,804	$35,985	$207,100	$918
2020	23,970	$42,525	$229,200	$919
2021	21,752	$38,910	$225,900	$963
2022	21,733	$45,056	$271,900	$1,105
2023	21,660	$45,584	$304,600	$1,177

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 52.9%

5 to 177.7%

18 to 2441.8%

25 to 3414.5%

35 to 446.7%

45 to 547.9%

55 to 645.9%

65 to 744.8%

75 and over7.7%

	Count	Share
Under 5	629	2.9%
5 to 17	1,678	7.7%
18 to 24	9,059	41.8%
25 to 34	3,151	14.5%
35 to 44	1,447	6.7%
45 to 54	1,704	7.9%
55 to 64	1,284	5.9%
65 to 74	1,045	4.8%
75 and over	1,663	7.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	16,975	78.4%
Black or African American	631	2.9%
American Indian & Alaska Native	1	0.0%
Asian	2,050	9.5%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	92	0.4%
Two or more races	887	4.1%
Hispanic or Latino (any race)	1,024	4.7%

Educational attainment (age 25+)

No high school diploma2.5%

High school graduate17.2%

Some college or associate's20.9%

Bachelor's degree28.9%

Graduate or professional degree30.5%

	Count	Share
No high school diploma	255	2.5%
High school graduate	1,775	17.2%
Some college or associate's	2,150	20.9%
Bachelor's degree	2,975	28.9%
Graduate or professional degree	3,139	30.5%

Commute to work

Mean travel time to work: 19 min

Drove alone61.5%

Carpooled9.8%

Public transit3.8%

Walked8.5%

Bicycle1.3%

Worked from home14.2%

Other means0.9%

How workers get to work

	Count	Share
Drove alone	6,383	61.5%
Carpooled	1,012	9.8%
Public transit	397	3.8%
Walked	884	8.5%
Bicycle	137	1.3%
Worked from home	1,470	14.2%
Other means	96	0.9%

Travel time

	Count	Share
Under 15 min	3,526	39.6%
15 to 29 min	3,697	41.5%
30 to 44 min	902	10.1%
45 to 59 min	293	3.3%
60+ min	491	5.5%

Households

Average household size: 2.13
Poverty rate: 32.5% (6,132 of 18,848)

	Count	Share
Family households	3,317	37.6%
Nonfamily households	5,503	62.4%

Housing

Median year structure built: 1978

Occupancy

	Count	Share
Occupied	8,820	84.4%
Vacant	1,636	15.6%

Tenure (of occupied units)

	Count	Share
Owner-occupied	3,365	38.2%
Renter-occupied	5,455	61.8%

1-unit, detached46.2%

1-unit, attached3.3%

2 to 4 units7.9%

5 to 19 units24.9%

20 or more units16.1%

Mobile home & other1.6%

Units in structure

	Count	Share
1-unit, detached	4,833	46.2%
1-unit, attached	344	3.3%
2 to 4 units	829	7.9%
5 to 19 units	2,599	24.9%
20 or more units	1,685	16.1%
Mobile home & other	166	1.6%

ZIP Code 47408

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

Nearby ZIP codes