ZIP Code 47960

standard

Source:

Monticello · White County · Indiana

Population
15,003

49/sq mi

Median income
$65,603

▼ 14% vs US

higher than 39% of US ZIPs

Median home value
$192,700

▼ 31% vs US

higher than 41% of US ZIPs

Bachelor's or higher
19.7%

Median age 47.8

Land area
303.7 sq mi

Indiana/Indianapolis

ZIP code 47960 in Monticello, Indiana has a population of 15,003. The median household income is $65,603, which is 14% below the national average. Median home value is $192,700, 31% below the US average. 19.7% of residents hold a bachelor's degree or higher.

ZIP code 47960 is classified by USPS as a standard delivery area and covers roughly 303.7 square miles in Monticello, White County, Indiana. The area is home to 15,003 residents, producing a population density of 49 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 47960 against Indiana and the nation.

On the economic side, the median household income for ZIP 47960 sits at $65,603 (11% below the Indiana average), while per-capita income is $38,350. The poverty rate stands at 9.0% and the unemployment rate at 4.7%. On housing, the median home value is $192,700 (0% below the state average) with median rent at $902 per month, and 81.5% of occupied units are owner-occupied, a direct signal of whether 47960 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 19.7% of adults hold a bachelor's degree or higher, the median age is 47.8, and the average commute is 24 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing White County, so you can benchmark 47960 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 47960

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 47960.

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 47960, Monticello, 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

15,003

Population

303.7

Area (sq mi)

49

People / sq mi

Indiana/Indianapolis

Time Zone

standard

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 47960?

47.8

Median Age

49.6%

Male

50.4%

Female

4.0%

Foreign-Born

White 92.7%
African American 0.2%
Asian 0.2%
American Indian or Alaska Native 0.5%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.8%
Hispanic or Latino 5.2%

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?

$65,603

Median Household Income

-11% vs state

$38,350

Per Capita Income

9.0%

Poverty Rate

4.7%

Unemployment Rate

24.3 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 61.1%
Bachelor's Degree or Higher 19.7%

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

What does housing look like?

9,390

Total Housing Units

6,398

Occupied Units

2,992

Vacant Units

2.28

Avg Household Size

Occupancy Type

Owner 81.5%
Renter 18.5%

$192,700

Median Home Value

-0% vs state

$902

Median Rent

1971

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

+8.4%

YoY Change (2024)

236

HPI Index (2000 = 100)

+136%

Total Change Since 2000

Home values in ZIP 47960 have increased 8.4% over the past year (2024). Since 2000, this ZIP has seen +136% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.3% 157
2021 +11.0% 174
2022 +15.2% 200
2023 +8.6% 217
2024 +8.4% 236

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 382 business establishments in ZIP 47960, employing approximately 4,457 people with a combined annual payroll of $194,995,000.

382

Businesses

4,457

Employees

$195.0M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 62 16.2%
Accommodation and food services 42 11.0%
Other services (except public administration) 40 10.5%
Construction 38 9.9%
Health care and social assistance 31 8.1%
Finance and insurance 27 7.1%
Administrative and support and waste management and remediation services 26 6.8%
Professional, scientific, and technical services 23 6.0%
Manufacturing 19 5.0%
Real estate and rental and leasing 18 4.7%
Transportation and warehousing 16 4.2%
Wholesale trade 10 2.6%
Information 10 2.6%
Arts, entertainment, and recreation 9 2.4%
Utilities 5 1.3%
Educational services 4 1.1%

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 47960 vs 47925 →

ZIP Code City Population Distance
47925 Buffalo, IN 203 6.7 mi
47950 Idaville, IN 912 5.2 mi
47997 Yeoman, IN 139 7.9 mi

More ZIP Codes in White County

Frequently Asked Questions

What county is ZIP code 47960 in?
ZIP code 47960 (Monticello) is located in White County, Indiana. White County contains multiple ZIP codes, see the full list at /counties/white-in.
What is the population of ZIP code 47960?
ZIP code 47960 in Monticello, IN has a population of 15,003 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47960?
The median household income in ZIP 47960 is $65,603, which is 14% below the national average of $76,288.
What is the average home value in ZIP 47960?
The median home value in ZIP 47960 is $192,700, which is 31% below the national average of $278,155.
What is the demographic makeup of ZIP 47960?
The largest racial group in ZIP 47960 is White at 92.7%. Hispanic or Latino residents make up 5.2% of the population.
How many businesses are in ZIP code 47960?
ZIP code 47960 has 382 business establishments employing approximately 4,457 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47960?
The top industries by establishment count in ZIP 47960 are: Retail trade (62), Accommodation and food services (42), Other services (except public administration) (40). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 47960?
According to the FHFA House Price Index, home values in ZIP 47960 increased by 8.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 136%. 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 47960?
In ZIP code 47960, 61.1% of residents aged 25+ have a high school diploma or higher, and 19.7% 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 47960?
The mean commute time for workers in ZIP code 47960 is 24.3 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 47960?
In ZIP code 47960, approximately 81.5% of occupied housing units are owner-occupied and 18.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47960?
The poverty rate in ZIP code 47960 is 9.0% 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 Monticello, 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.