ZIP Code 47989

ZIP code 47989 is classified by USPS as a standard delivery area and covers roughly 108.6 square miles in Waveland, Montgomery County, Indiana. The area is home to 1,281 residents, producing a population density of 12 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 47989 against Indiana and the nation.

On the economic side, the median household income for ZIP 47989 sits at $104,048 (41% above the Indiana average), while per-capita income is $42,970. The poverty rate stands at 7.0% and the unemployment rate at 2.2%. On housing, the median home value is $122,700 (37% below the state average) with median rent at $483 per month, and 92.7% of occupied units are owner-occupied, a direct signal of whether 47989 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 16.7% of adults hold a bachelor's degree or higher, the median age is 44.3, and the average commute is 28 minutes. We also surface 5 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Montgomery County, so you can benchmark 47989 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 →