West Lafayette, IN · standard
ZIP Code 47906
Tippecanoe County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 66,972
- 191/sq mi High-density area
- $53,103
- Median income Below-median income area
- $323,200
- Median home value Above-median home value
- 63.9%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
West Lafayette pairs one of the lowest household incomes in the country with above-median home values, in a rural, mixed-tenure and unusually populous area.
- 18th pct
- household income, US ZIPs
- Top 30%
- home value, US ZIPs
- 191
- people per sq mi
- 44%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47906 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 47906 (West Lafayette, IN) rose +7.3% from 2023 to 2024. The all-transactions index moved from 211.4 in 2023 to 226.8 in 2024 (2000 = 100).
ZIP code 47906 is a densely settled ZIP (a standard USPS delivery area) in West Lafayette, Tippecanoe County, Indiana, with 66,972 residents across 349.9 square miles, a density of 191 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 47906 reports a modest median household income of $53,103 (28% below the average Indiana ZIP), while per-capita income is $31,335. The poverty rate is 28.6%, 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 $323,200 (67% above the average Indiana ZIP), with only 43.5% owner-occupied homes and median rent of $1,217.
This is a highly-educated ZIP: 63.9% of adults hold a bachelor's degree or higher, the median age is 22.3, and the average commute is 17 minutes. The page also surfaces 5 ZIP codes within roughly 10 miles and 6 more in Tippecanoe County, so 47906 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 47906
Top 5 sectors by establishment count in West Lafayette, IN
Which industries have the most business establishments in ZIP 47906.
- Accommodation and food services
Accommodation and food services
184 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
143 establishments
- Other services (except public administration)
Other services (except public administration)
99 establishments
- Retail trade
Retail trade
92 establishments
- Health care and social assistance
Health care and social assistance
90 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 47906, West Lafayette, 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
66,972
Population
349.9
Area (sq mi)
191
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47906?
22.3
Median Age
53.7%
Male
46.3%
Female
17.4%
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?
$53,103
Median Household Income
-28% vs state ZIP avg
$31,335
Per Capita Income
28.6%
Poverty Rate
3.7%
Unemployment Rate
17.2 min
Mean Commute Time
How ZIP 47906 ranks nationally
West Lafayette, IN household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$53,103 18th percentile higher than 18% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US 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
29,603housing units
29,603
Total Housing Units
27,234
Occupied Units
2,369
Vacant Units
2.21
Avg Household Size
Occupancy Type
$323,200
Median Home Value
+67% vs state ZIP avg
$1,217
Median Rent
1999
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
+7.3%
YoY Change (2024)
227
HPI Index (2000 = 100)
+127%
Total Change Since 2000
Home values in ZIP 47906 have increased 7.3% over the past year (2024). Since 2000, this ZIP has seen +127% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.1% | 149 |
| 2021 | +12.3% | 168 |
| 2022 | +15.3% | 193 |
| 2023 | +9.3% | 211 |
| 2024 | +7.3% | 227 |
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 918 business establishments in ZIP 47906, employing approximately 14,179 people with a combined annual payroll of $655,199,000.
918
Businesses
14,179
Employees
$655.2M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Accommodation and food services | 184 | 20.0% |
| Professional, scientific, and technical services | 143 | 15.6% |
| Other services (except public administration) | 99 | 10.8% |
| Retail trade | 92 | 10.0% |
| Health care and social assistance | 90 | 9.8% |
| Real estate and rental and leasing | 68 | 7.4% |
| Construction | 57 | 6.2% |
| Finance and insurance | 49 | 5.3% |
| Manufacturing | 28 | 3.0% |
| Administrative and support and waste management and remediation services | 27 | 2.9% |
| Information | 26 | 2.8% |
| Transportation and warehousing | 13 | 1.4% |
| Wholesale trade | 12 | 1.3% |
| Arts, entertainment, and recreation | 12 | 1.3% |
| Educational services | 9 | 1.0% |
| Utilities | 4 | 0.4% |
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 47906 vs 47907 →
ZIP 47906 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47906
West Lafayette (47906)
66,972 residents
- 47904 16,277
Lafayette (47904)
16,277 residents
- 47901 3,518
Lafayette (47901)
3,518 residents
- 47923 3,494
Brookston (47923)
3,494 residents
- 47970 2,034
Otterbein (47970)
2,034 residents
What this shows Among its immediate neighbors, ZIP 47906 ranks the most populous - useful context the national average alone can't give.
ZIP 47906 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47923
Brookston (47923)
$80,205 median income
- 47970
Otterbein (47970)
$74,457 median income
- 47906
West Lafayette (47906)
$53,103 median income
- 47904
Lafayette (47904)
$51,687 median income
- 47901
Lafayette (47901)
$47,206 median income
What this shows By household income, ZIP 47906 ranks #3 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 47906, 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 (66,972 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Tippecanoe County
Related Areas
Frequently Asked Questions
What county is ZIP code 47906 in?
ZIP code 47906 (West 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 47906?
ZIP code 47906 in West Lafayette, IN has a population of 66,972 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47906?
The median household income in ZIP 47906 is $53,103, which is 30% below the national average of $76,288.
What is the average home value in ZIP 47906?
The median home value in ZIP 47906 is $323,200, which is 16% above the national average of $278,155.
What is the demographic makeup of ZIP 47906?
The largest racial group in ZIP 47906 is White at 69.9%. Hispanic or Latino residents make up 7.7% of the population.
How many businesses are in ZIP code 47906?
ZIP code 47906 has 918 business establishments employing approximately 14,179 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47906?
The top industries by establishment count in ZIP 47906 are: Accommodation and food services (184), Professional, scientific, and technical services (143), Other services (except public administration) (99). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 47906?
According to the FHFA House Price Index, home values in ZIP 47906 increased by 7.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 127%. 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 47906?
In ZIP code 47906, 78.4% of residents aged 25+ have a high school diploma or higher, and 63.9% 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 47906?
The mean commute time for workers in ZIP code 47906 is 17.2 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 47906?
In ZIP code 47906, approximately 43.5% of occupied housing units are owner-occupied and 56.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47906?
The poverty rate in ZIP code 47906 is 28.6% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
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What to do with ZIP 47906's numbers, next.
- See how ZIP 47906 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
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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.