47960 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 47960 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityMonticello
Time ZoneAmerica/Indiana/Indianapolis
Geo Location40.78051, -86.74994
Population15142
Size303.526 square miles
Median Family Income$71342.00
Median Home Value$137400.00

Population & Demographics

The following information lists the population statistics and breakdown for the 47960 zip code. The total population is 15142, of which, 7418 are male and 7724 are female. With a total area of 303.526 square miles, the population density is 48.5 people per square mile. The median age of the population is 47.6 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201114960
201214945
201315021
201414617
201514924
201614907
201714478
201814559
201914721
202014735
202115142

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 7585%
Age 5-98605.7%
Age 10-145913.9%
Age 15-198605.7%
Age 20-2410336.8
Age 25-298605.7%
Age 30-346674.4%
Age 35-397755.1%
Age 40-44743 4.9%
Age 45-498865.9%
Age 50-5410266.8%
Age 55-5911077.3%
Age 60-6414809.8%
Age 65-6912338.1%
Age 70-747555%
Age 75-795063.3%
Age 80-844733.1%
Age 85 and over5293.5%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 6.1 %
  • Speaks Spanish: 5 %
  • Speaks Other Indo-European Language: 0.9 %
  • Speaks Pacific Island Languages: 0.2 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 51.4 %
  • Divorced: 13.4 %
  • Separated (not divorced): 0.7 %
  • Never Married: 24.4 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 47960 zip code is $71342. This is -20.63% less than the national average. This income places 6.7% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $20347. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.00131
$10,000.00 – $14,999.007
$15,000.00 – $24,999.00261
$25,000.00 – $34,999.00259
$35,000.00 – $49,999.00610
$50,000.00 – $74,999.00938
$75,000.00 – $99,999.00876
$100,000.00 – $149,999.00676
$150,000.00 – $199,999,00207
$200,000.00 +142

YearMedian Family Income ($ USD)
201159113
201257086
201362948
201462944
201562052
201659407
201761080
201864094
201962489
202063217
202171342

Income Source# of Households
Wage or Salary4376
Self Employment694
Social Security2764
Dividends, Interest, or Rental1238
Retirement1784
Other593

Total Insured & Uninsured Individuals: 
  • Families Insure: 13763
  • Families Uninsured: 1115
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1784
  • No retirement income: 4404

Education

In the 47960 zip code, 89.3% of individuals over 25 years old have a high school degree or higher, and 17.6% have a bachelors degree or higher. Additionally, 10.4% of individuals 3 years and older are in private school, and 89.6% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 47960 zip, there are an estimated 7588 people in the labor force, of which, 7048 are employed, and 486 are unemployed. There are a total of 54 people in the armed forces. The average commute time for this zip code is 24.2 minutes. Of the total people that work, 205 worked from home and 6887 commuted. The average number of hours worked is 39.8. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts1858
Services1225
Sales and Office1329
Construction and Maintenance:518
Transportation and Material Moving2118





Housing

The median home value for the 47960 zip code is 137400. There is an estimated  6188 number of occupied housing units, the median gross rent in is $756 per month, and the average monthly housing costs are estimated to be $766. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000277
$50,000 – $99,0001467
$100,000 – $149,999854
$150,000 – $199,999969
$200,000 – $299,999656
$300,000 – $499,999439
$500,000 – $999,999173
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019222
2000 – 2009773
1980 – 19991173
1960 – 19792243
1940 – 1959950
1939 or earlier827

The median number of rooms in all housing units is 5.5 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500178
$500 – $999974
$1,000 – $1,499134
$1,500 – $1,9994
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300499
300-499860
500-7991999
800-999825
1000-14991233
1500-1999434
2000-2499144
2500-299971
3000+60

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1597
20%-24.9%418
25%-29.9%311
30%-34.9%205
35+%466



# of VehiclesHouseholds
None216
11908
22510
3+1554
Home Heating Characteristics: 
  • Utility Gas: 67.9 %
  • Bottle Tank or LP Gas: 11.2 %
  • Electricity: 16.8 %
  • Oil or Kerosene etc: 0.2 %
  • Coal or Coke: 0.2 %
  • All Other: 3.5 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.