ZIP Code 47408
standardSource:
Bloomington · Monroe County · Indiana
- Population
- 24,776
- Median income
- $45,644
- Median home value
- $346,900
- Bachelor's or higher
- 57.0%
- Land area
- 172.1 sq mi
144/sq mi
▼ 40% vs US
higher than 10% of US ZIPs
▲ 25% vs US
higher than 73% of US ZIPs
Median age 23.3
Indiana/Indianapolis
ZIP code 47408 in Bloomington, Indiana has a population of 24,776. The median household income is $45,644, which is 40% below the national average. Median home value is $346,900, 25% above the US average. 57.0% of residents hold a bachelor's degree or higher.
ZIP code 47408 is classified by USPS as a standard delivery area and covers roughly 172.1 square miles in Bloomington, Monroe County, Indiana. The area is home to 24,776 residents, producing a population density of 144 people per square mile, and falls within the Indiana/Indianapolis time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 47408 against Indiana and the nation.
On the economic side, the median household income for ZIP 47408 sits at $45,644 (38% below the Indiana average), while per-capita income is $35,302. The poverty rate stands at 33.8% and the unemployment rate at 5.1%. On housing, the median home value is $346,900 (79% above the state average) with median rent at $1,215 per month, and 35.8% of occupied units are owner-occupied, a direct signal of whether 47408 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 57.0% of adults hold a bachelor's degree or higher, the median age is 23.3, and the average commute is 19 minutes. We also surface 6 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Monroe County, so you can benchmark 47408 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 47408
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 47408.
- Accommodation and food services
Accommodation and food services
77 establishments
- Other services (except public administration)
Other services (except public administration)
33 establishments
- Retail trade
Retail trade
32 establishments
- Health care and social assistance 30
Health care and social assistance
30 establishments
- Construction 24
Construction
24 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 47408, Bloomington, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
24,776
Population
172.1
Area (sq mi)
144
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47408?
23.3
Median Age
53.4%
Male
46.6%
Female
11.2%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$45,644
Median Household Income
-38% vs state
$35,302
Per Capita Income
33.8%
Poverty Rate
5.1%
Unemployment Rate
18.6 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
11,129
Total Housing Units
9,641
Occupied Units
1,488
Vacant Units
2.08
Avg Household Size
Occupancy Type
$346,900
Median Home Value
+79% vs state
$1,215
Median Rent
1978
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+3.2%
YoY Change (2024)
251
HPI Index (2000 = 100)
+151%
Total Change Since 2000
Home values in ZIP 47408 have increased 3.2% over the past year (2024). Since 2000, this ZIP has seen +151% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.5% | 183 |
| 2021 | +10.3% | 202 |
| 2022 | +11.3% | 225 |
| 2023 | +8.0% | 243 |
| 2024 | +3.2% | 251 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 311 business establishments in ZIP 47408, employing approximately 3,327 people with a combined annual payroll of $93,353,000.
311
Businesses
3,327
Employees
$93.4M
Annual Payroll
14
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Accommodation and food services | 77 | 24.8% |
| Other services (except public administration) | 33 | 10.6% |
| Retail trade | 32 | 10.3% |
| Health care and social assistance | 30 | 9.7% |
| Construction | 24 | 7.7% |
| Professional, scientific, and technical services | 24 | 7.7% |
| Real estate and rental and leasing | 23 | 7.4% |
| Administrative and support and waste management and remediation services | 17 | 5.5% |
| Finance and insurance | 13 | 4.2% |
| Wholesale trade | 8 | 2.6% |
| Information | 8 | 2.6% |
| Manufacturing | 7 | 2.3% |
| Arts, entertainment, and recreation | 7 | 2.3% |
| Educational services | 3 | 1.0% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 47408 vs 47406 →
More ZIP Codes in Monroe County
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Frequently Asked Questions
What county is ZIP code 47408 in? ▼
What is the population of ZIP code 47408? ▼
What is the median household income in ZIP 47408? ▼
What is the average home value in ZIP 47408? ▼
What is the demographic makeup of ZIP 47408? ▼
How many businesses are in ZIP code 47408? ▼
What are the main industries in ZIP code 47408? ▼
How have home values changed in ZIP code 47408? ▼
What is the education level in ZIP code 47408? ▼
What is the average commute time in ZIP 47408? ▼
What percentage of residents own vs. rent in ZIP 47408? ▼
What is the poverty rate in ZIP code 47408? ▼
ZIP Code Research Guides
Official Data Resources for Bloomington, IN
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.