Veedersburg, IN · standard
ZIP Code 47987
Fountain County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,049
- 13/sq mi Low-density area
- $63,333
- Median income Near-median income area
- $145,200
- Median home value Below-median home value
- 11.2%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Veedersburg pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 35th pct
- household income, US ZIPs
- 24th pct
- home value, US ZIPs
- 13
- people per sq mi
- 86%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47987 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 47987 (Veedersburg, IN) rose +15.9% from 2023 to 2024. The all-transactions index moved from 185.0 in 2023 to 214.3 in 2024 (2000 = 100).
ZIP code 47987 covers 318.8 square miles in Veedersburg, Fountain County, Indiana (a standard USPS delivery area), with a modest 4,049 residents on file, a density of 13 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 47987 reports a modest median household income of $63,333 (14% below the average Indiana ZIP), while per-capita income is $28,547. The poverty rate is 14.0%, with unemployment at 3.0%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $145,200 (25% below the average Indiana ZIP), and median rent is $790; owner occupancy is 85.6%.
Formal educational attainment runs low here: just 11.2% of adults hold a bachelor's degree or higher, the median age is 43.3, and the average commute is 27 minutes. The page also surfaces 3 ZIP codes within roughly 10 miles and 5 more in Fountain County, so 47987 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 47987
Top 5 sectors by establishment count in Veedersburg, IN
Which industries have the most business establishments in ZIP 47987.
- Retail trade
Retail trade
17 establishments
- Other services (except public administration)
Other services (except public administration)
9 establishments
- Construction
Construction
8 establishments
- Manufacturing
Manufacturing
8 establishments
- Transportation and warehousing
Transportation and warehousing
8 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 47987, Veedersburg, 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
4,049
Population
318.8
Area (sq mi)
13
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47987?
43.3
Median Age
50.7%
Male
49.3%
Female
0.5%
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?
$63,333
Median Household Income
-14% vs state ZIP avg
$28,547
Per Capita Income
14.0%
Poverty Rate
3.0%
Unemployment Rate
27.1 min
Mean Commute Time
How ZIP 47987 ranks among Indiana ZIPs
Veedersburg, 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)
$63,333 33rd percentile higher than 33% 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
1,610housing units
1,610
Total Housing Units
1,498
Occupied Units
112
Vacant Units
2.44
Avg Household Size
Occupancy Type
$145,200
Median Home Value
-25% vs state ZIP avg
$790
Median Rent
1953
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
+15.9%
YoY Change (2024)
214
HPI Index (2000 = 100)
+114%
Total Change Since 2000
Home values in ZIP 47987 have increased 15.9% over the past year (2024). Since 2000, this ZIP has seen +114% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.7% | 139 |
| 2021 | +17.1% | 163 |
| 2022 | +6.0% | 173 |
| 2023 | +6.9% | 185 |
| 2024 | +15.9% | 214 |
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 75 business establishments in ZIP 47987, employing approximately 1,125 people with a combined annual payroll of $53,772,000.
75
Businesses
1,125
Employees
$53.8M
Annual Payroll
10
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 17 | 22.7% |
| Other services (except public administration) | 9 | 12.0% |
| Construction | 8 | 10.7% |
| Manufacturing | 8 | 10.7% |
| Transportation and warehousing | 8 | 10.7% |
| Finance and insurance | 5 | 6.7% |
| Health care and social assistance | 5 | 6.7% |
| Accommodation and food services | 5 | 6.7% |
| Wholesale trade | 3 | 4.0% |
| Professional, scientific, and technical services | 3 | 4.0% |
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 47987 vs 47958 →
ZIP 47987 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47987
Veedersburg (47987)
4,049 residents
- 47949 1,332
Hillsboro (47949)
1,332 residents
- 47958 209
Mellott (47958)
209 residents
- 47969 145
Newtown (47969)
145 residents
What this shows Among its immediate neighbors, ZIP 47987 ranks the most populous - useful context the national average alone can't give.
ZIP 47987 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47958
Mellott (47958)
$86,000 median income
- 47949
Hillsboro (47949)
$76,429 median income
- 47987
Veedersburg (47987)
$63,333 median income
- 47969
Newtown (47969)
$59,167 median income
What this shows By household income, ZIP 47987 ranks #3 of 4 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 47987, 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 (4,049 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Fountain County
Related Areas
Frequently Asked Questions
What county is ZIP code 47987 in?
ZIP code 47987 (Veedersburg) is located in Fountain County, Indiana. Fountain County contains multiple ZIP codes, see the full list at /counties/fountain-in.
What is the population of ZIP code 47987?
ZIP code 47987 in Veedersburg, IN has a population of 4,049 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47987?
The median household income in ZIP 47987 is $63,333, which is 17% below the national average of $76,288.
What is the average home value in ZIP 47987?
The median home value in ZIP 47987 is $145,200, which is 48% below the national average of $278,155.
What is the demographic makeup of ZIP 47987?
The largest racial group in ZIP 47987 is White at 97.0%. Hispanic or Latino residents make up 1.6% of the population.
How many businesses are in ZIP code 47987?
ZIP code 47987 has 75 business establishments employing approximately 1,125 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47987?
The top industries by establishment count in ZIP 47987 are: Retail trade (17), Other services (except public administration) (9), Construction (8). There are 10 industry sectors represented in total.
How have home values changed in ZIP code 47987?
According to the FHFA House Price Index, home values in ZIP 47987 increased by 15.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 114%. 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 47987?
In ZIP code 47987, 56.1% of residents aged 25+ have a high school diploma or higher, and 11.2% 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 47987?
The mean commute time for workers in ZIP code 47987 is 27.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 47987?
In ZIP code 47987, approximately 85.6% of occupied housing units are owner-occupied and 14.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47987?
The poverty rate in ZIP code 47987 is 14.0% 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 47987's numbers, next.
- See how ZIP 47987 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Veedersburg, 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.