Bloomington, IN · standard
ZIP Code 47408
Monroe County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 24,776
- 144/sq mi High-density area
- $45,644
- Median income Below-median income area
- $346,900
- Median home value Above-median home value
- 57.0%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Bloomington pairs one of the lowest household incomes in the country with above-median home values, in a rural, renter-heavy area.
- 10th pct
- household income, US ZIPs
- Top 27%
- home value, US ZIPs
- 144
- people per sq mi
- 36%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47408 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 47408 (Bloomington, IN) rose +3.2% from 2023 to 2024. The all-transactions index moved from 243.4 in 2023 to 251.1 in 2024 (2000 = 100).
ZIP code 47408 is a densely settled ZIP (a standard USPS delivery area) in Bloomington, Monroe County, Indiana, with 24,776 residents across 172.1 square miles, a density of 144 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 47408 reports a modest median household income of $45,644 (38% below the average Indiana ZIP), while per-capita income is $35,302. The poverty rate is 33.8%, so the area-level income figures should not be treated as typical household experience. Housing costs run above the statewide ZIP benchmark while renting is common: median home value is $346,900 (79% above the average Indiana ZIP), with only 35.8% owner-occupied homes and median rent of $1,215.
This is a highly-educated ZIP: 57.0% of adults hold a bachelor's degree or higher, the median age is 23.3, and the average commute is 19 minutes. The page also surfaces 6 ZIP codes within roughly 10 miles and 6 more in Monroe County, so 47408 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 47408
Top 5 sectors by establishment count in Bloomington, IN
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$35,302
Per Capita Income
33.8%
Poverty Rate
5.1%
Unemployment Rate
18.6 min
Mean Commute Time
How ZIP 47408 ranks among Indiana ZIPs
Bloomington, IN household income vs. every Indiana ZIP code
Median household income among 721 reporting Indiana ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$45,644 4th percentile higher than 4% of 721 Indiana ZIPs
Each bar is a $20K-wide band; taller bars hold more Indiana ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
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?
Housing stock: occupied vs vacant
11,129housing units
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 ZIP avg
$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 →
ZIP 47408 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47401
Bloomington (47401)
41,011 residents
- 47403
Bloomington (47403)
30,955 residents
- 47408
Bloomington (47408)
24,776 residents
- 47404
Bloomington (47404)
21,026 residents
- 47406 4,730
Bloomington (47406)
4,730 residents
- 47405 4,427
Bloomington (47405)
4,427 residents
- 47468 1,250
Unionville (47468)
1,250 residents
What this shows Among its immediate neighbors, ZIP 47408 ranks #3 by population - useful context the national average alone can't give.
ZIP 47408 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47468
Unionville (47468)
$92,880 median income
- 47403
Bloomington (47403)
$70,582 median income
- 47401
Bloomington (47401)
$66,906 median income
- 47404
Bloomington (47404)
$61,389 median income
- 47408
Bloomington (47408)
$45,644 median income
What this shows By household income, ZIP 47408 ranks #5 of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 47408, both outside IN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (24,776 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Monroe County
Related Areas
Frequently Asked Questions
What county is ZIP code 47408 in?
ZIP code 47408 (Bloomington) is located in Monroe County, Indiana. Monroe County contains multiple ZIP codes, see the full list at /counties/monroe-in.
What is the population of ZIP code 47408?
ZIP code 47408 in Bloomington, IN has a population of 24,776 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47408?
The median household income in ZIP 47408 is $45,644, which is 40% below the national average of $76,288.
What is the average home value in ZIP 47408?
The median home value in ZIP 47408 is $346,900, which is 25% above the national average of $278,155.
What is the demographic makeup of ZIP 47408?
The largest racial group in ZIP 47408 is White at 80.9%. Hispanic or Latino residents make up 4.8% of the population.
How many businesses are in ZIP code 47408?
ZIP code 47408 has 311 business establishments employing approximately 3,327 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47408?
The top industries by establishment count in ZIP 47408 are: Accommodation and food services (77), Other services (except public administration) (33), Retail trade (32). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 47408?
According to the FHFA House Price Index, home values in ZIP 47408 increased by 3.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 151%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 47408?
In ZIP code 47408, 73.8% of residents aged 25+ have a high school diploma or higher, and 57.0% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 47408?
The mean commute time for workers in ZIP code 47408 is 18.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 47408?
In ZIP code 47408, approximately 35.8% of occupied housing units are owner-occupied and 64.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47408?
The poverty rate in ZIP code 47408 is 33.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 47408's numbers, next.
- See how ZIP 47408 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Bloomington, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.