PlainZIP

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
$86,023
Median income
$170,700
Median home value
20.4%
Bachelor's or higher

The verdict

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 Indiana average), while per-capita income is $58,966. The poverty rate stands at 3.4% and the unemployment rate at 6.1%. On housing, the median home value is $170,700 (12% below the state average) with median rent at - per month, and 96.0% of occupied units 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 -. A geography-based comparison follows: 5 ZIP codes within about 10 miles of 47981, plus 6 more within Tippecanoe County, give a clearer read than the national average alone.

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

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 47981?

38.5

Median Age

61.4%

Male

38.6%

Female

4.0%

Foreign-Born

White 94.2%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 4.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 1.8%
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?

$86,023

Median Household Income

+17% vs state

$58,966

Per Capita Income

3.4%

Poverty Rate

6.1%

Unemployment Rate

How ZIP 47981 ranks nationally

Romney, IN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$86,023 Top 31% higher than 69% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 68.5%
Bachelor's Degree or Higher 20.4%

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

What does housing look like?

282

Total Housing Units

249

Occupied Units

33

Vacant Units

2.84

Avg Household Size

Occupancy Type

Owner 96.0%
Renter 4.0%

$170,700

Median Home Value

-12% vs state

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.

residents

What this shows Among its immediate neighbors, ZIP 47981 ranks #4 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 47981 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
47909 Lafayette, IN 39,373 5.6 mi
47955 Linden, IN 1,088 4.9 mi
47967 New Richmond, IN 772 5.0 mi
47992 Westpoint, IN 1,465 8.4 mi
47994 Wingate, IN 476 8.7 mi

More ZIP Codes in Tippecanoe County

47906 standard
West Lafayette, IN
Pop: 66,972
47909 standard
Lafayette, IN
Pop: 39,373
47905 standard
Lafayette, IN
Pop: 38,910
47904 standard
Lafayette, IN
Pop: 16,277
47901 standard
Lafayette, IN
Pop: 3,518
47920 standard
Battle Ground, IN
Pop: 2,414

Related Areas

Tippecanoe County Romney, IN Indiana

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.

Read our methodology to see how this data is sourced, computed, and verified.