ZIP Code 47905

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Source:

Lafayette · Tippecanoe County · Indiana

Population
38,910

126/sq mi

Median income
$65,861

▼ 14% vs US

higher than 40% of US ZIPs

Median home value
$235,600

▼ 15% vs US

higher than 54% of US ZIPs

Bachelor's or higher
32.6%

Median age 36.3

Land area
309.3 sq mi

Indiana/Indianapolis

ZIP code 47905 in Lafayette, Indiana has a population of 38,910. The median household income is $65,861, which is 14% below the national average. Median home value is $235,600, 15% below the US average. 32.6% of residents hold a bachelor's degree or higher.

ZIP code 47905 is classified by USPS as a standard delivery area and covers roughly 309.3 square miles in Lafayette, Tippecanoe County, Indiana. The area is home to 38,910 residents, producing a population density of 126 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 47905 against Indiana and the nation.

On the economic side, the median household income for ZIP 47905 sits at $65,861 (11% below the Indiana average), while per-capita income is $36,705. The poverty rate stands at 14.6% and the unemployment rate at 2.6%. On housing, the median home value is $235,600 (22% above the state average) with median rent at $1,107 per month, and 61.4% of occupied units are owner-occupied, a direct signal of whether 47905 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 32.6% of adults hold a bachelor's degree or higher, the median age is 36.3, and the average commute is 18 minutes. We also surface 9 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Tippecanoe County, so you can benchmark 47905 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 47905

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 47905.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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 47905, Lafayette, 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

38,910

Population

309.3

Area (sq mi)

126

People / sq mi

Indiana/Indianapolis

Time Zone

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ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 47905?

36.3

Median Age

49.7%

Male

50.3%

Female

9.6%

Foreign-Born

White 75.9%
African American 7.8%
Asian 2.9%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 10.6%
Hispanic or Latino 12.7%

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?

$65,861

Median Household Income

-11% vs state

$36,705

Per Capita Income

14.6%

Poverty Rate

2.6%

Unemployment Rate

18.4 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 64.9%
Bachelor's Degree or Higher 32.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

18,603

Total Housing Units

17,755

Occupied Units

848

Vacant Units

2.36

Avg Household Size

Occupancy Type

Owner 61.4%
Renter 38.6%

$235,600

Median Home Value

+22% vs state

$1,107

Median Rent

1982

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+8.8%

YoY Change (2024)

213

HPI Index (2000 = 100)

+113%

Total Change Since 2000

Home values in ZIP 47905 have increased 8.8% over the past year (2024). Since 2000, this ZIP has seen +113% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.6% 138
2021 +12.1% 155
2022 +14.8% 178
2023 +10.0% 195
2024 +8.8% 213

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 1,401 business establishments in ZIP 47905, employing approximately 38,602 people with a combined annual payroll of $2,231,091,000.

1,401

Businesses

38,602

Employees

$2.2B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 245 17.5%
Health care and social assistance 225 16.1%
Accommodation and food services 161 11.5%
Other services (except public administration) 133 9.5%
Construction 113 8.1%
Professional, scientific, and technical services 79 5.6%
Finance and insurance 78 5.6%
Real estate and rental and leasing 74 5.3%
Wholesale trade 66 4.7%
Administrative and support and waste management and remediation services 65 4.6%
Transportation and warehousing 55 3.9%
Manufacturing 46 3.3%
Arts, entertainment, and recreation 21 1.5%
Information 16 1.1%
Educational services 12 0.9%
Management of companies and enterprises 8 0.6%

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 47905 vs 47941 →

ZIP Code City Population Distance
47941 Dayton, IN 1,300 3.1 mi
47924 Buck Creek, IN 141 4.7 mi
47901 Lafayette, IN 3,518 6.5 mi
47904 Lafayette, IN 16,277 6.0 mi
47983 Stockwell, IN 347 9.8 mi
47907 West Lafayette, IN 0 7.9 mi
46058 Mulberry, IN 2,149 7.5 mi
47920 Battle Ground, IN 2,414 9.3 mi
47909 Lafayette, IN 39,373 9.8 mi

More ZIP Codes in Tippecanoe County

Frequently Asked Questions

What county is ZIP code 47905 in?
ZIP code 47905 (Lafayette) is located in Tippecanoe County, Indiana. Tippecanoe County contains multiple ZIP codes, see the full list at /counties/tippecanoe-in.
What is the population of ZIP code 47905?
ZIP code 47905 in Lafayette, IN has a population of 38,910 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47905?
The median household income in ZIP 47905 is $65,861, which is 14% below the national average of $76,288.
What is the average home value in ZIP 47905?
The median home value in ZIP 47905 is $235,600, which is 15% below the national average of $278,155.
What is the demographic makeup of ZIP 47905?
The largest racial group in ZIP 47905 is White at 75.9%. Hispanic or Latino residents make up 12.7% of the population.
How many businesses are in ZIP code 47905?
ZIP code 47905 has 1,401 business establishments employing approximately 38,602 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47905?
The top industries by establishment count in ZIP 47905 are: Retail trade (245), Health care and social assistance (225), Accommodation and food services (161). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 47905?
According to the FHFA House Price Index, home values in ZIP 47905 increased by 8.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 113%. 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 47905?
In ZIP code 47905, 64.9% of residents aged 25+ have a high school diploma or higher, and 32.6% 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 47905?
The mean commute time for workers in ZIP code 47905 is 18.4 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 47905?
In ZIP code 47905, approximately 61.4% of occupied housing units are owner-occupied and 38.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47905?
The poverty rate in ZIP code 47905 is 14.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Lafayette, 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.