Romney, IN · standard
ZIP Code 47981
Tippecanoe County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 849
- 9/sq mi Low-density area
- $86,023
- Median income Above-median income area
- $170,700
- Median home value Near-median home value
- 20.4%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Romney pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 31%
- household income, US ZIPs
- 35th pct
- home value, US ZIPs
- 9
- people per sq mi
- 96%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47981 against every reporting US ZIP.
ZIP code 47981 is a sparsely populated ZIP (a standard USPS delivery area) in Romney, Tippecanoe County, Indiana, home to just 849 residents across 94.3 square miles, a density of 9 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 47981 lands in the middle-income range, with a median household income of $86,023 (17% above the average Indiana ZIP), while per-capita income is $58,966. The poverty rate is 3.4%, with unemployment at 6.1%; those measures add context to the income figure. Median home value is $170,700 (12% below the average Indiana ZIP); 96.0% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 20.4% of adults hold a bachelor's degree or higher, the median age is 38.5, and the average commute is -. The page also surfaces 5 ZIP codes within roughly 10 miles and 6 more in Tippecanoe County, so 47981 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 →
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 47981, Romney, 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
849
Population
94.3
Area (sq mi)
9
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47981?
38.5
Median Age
61.4%
Male
38.6%
Female
4.0%
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?
$86,023
Median Household Income
+17% vs state ZIP avg
$58,966
Per Capita Income
3.4%
Poverty Rate
6.1%
Unemployment Rate
How ZIP 47981 ranks among Indiana ZIPs
Romney, 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)
$86,023 Top 22% higher than 78% 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
282housing units
282
Total Housing Units
249
Occupied Units
33
Vacant Units
2.84
Avg Household Size
Occupancy Type
$170,700
Median Home Value
-12% vs state ZIP avg
1958
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
+14.4%
YoY Change (2021)
165
HPI Index (2000 = 100)
+65%
Total Change Since 2000
Home values in ZIP 47981 have increased 14.4% over the past year (2021). Since 2000, this ZIP has seen +65% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2016 | +5.4% | 116 |
| 2017 | +3.0% | 120 |
| 2018 | +11.3% | 134 |
| 2020 | – | 144 |
| 2021 | +14.4% | 165 |
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 2021. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 12 business establishments in ZIP 47981, employing approximately 31 people with a combined annual payroll of $1,173,000.
12
Businesses
31
Employees
$1.2M
Annual Payroll
1
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Administrative and support and waste management and remediation services | 3 | 25.0% |
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 47981 vs 47909 →
ZIP 47981 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47909
Lafayette (47909)
39,373 residents
- 47992 1,465
Westpoint (47992)
1,465 residents
- 47955 1,088
Linden (47955)
1,088 residents
- 47981 849
Romney (47981)
849 residents
- 47967 772
New Richmond (47967)
772 residents
- 47994 476
Wingate (47994)
476 residents
What this shows Among its immediate neighbors, ZIP 47981 ranks #4 by population - useful context the national average alone can't give.
ZIP 47981 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47992
Westpoint (47992)
$125,526 median income
- 47994
Wingate (47994)
$101,891 median income
- 47981
Romney (47981)
$86,023 median income
- 47967
New Richmond (47967)
$81,563 median income
- 47955
Linden (47955)
$71,591 median income
- 47909
Lafayette (47909)
$68,035 median income
What this shows By household income, ZIP 47981 ranks #3 of 6 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 47981, both outside IN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
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 47981 in?
ZIP code 47981 (Romney) 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 47981?
ZIP code 47981 in Romney, IN has a population of 849 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47981?
The median household income in ZIP 47981 is $86,023, which is 13% above the national average of $76,288.
What is the average home value in ZIP 47981?
The median home value in ZIP 47981 is $170,700, which is 39% below the national average of $278,155.
What is the demographic makeup of ZIP 47981?
The largest racial group in ZIP 47981 is White at 94.2%. Hispanic or Latino residents make up 5.2% of the population.
How many businesses are in ZIP code 47981?
ZIP code 47981 has 12 business establishments employing approximately 31 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
How have home values changed in ZIP code 47981?
According to the FHFA House Price Index, home values in ZIP 47981 increased by 14.4% in 2021. Since 2000, home values in this ZIP have appreciated by approximately 65%. 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 47981?
In ZIP code 47981, 68.5% of residents aged 25+ have a high school diploma or higher, and 20.4% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 47981?
In ZIP code 47981, approximately 96.0% of occupied housing units are owner-occupied and 4.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47981?
The poverty rate in ZIP code 47981 is 3.4% 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 47981's numbers, next.
- See how ZIP 47981 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Romney, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.