Wingate, IN · standard
ZIP Code 47994
Montgomery County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 476
- 13/sq mi Low-density area
- $101,891
- Median income Above-median income area
- $173,600
- Median home value Near-median home value
- 19.6%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Wingate pairs an upper-quartile household income with below-median home values, in a rural, homeowner-dominated area.
- Top 18%
- household income, US ZIPs
- 36th pct
- home value, US ZIPs
- 13
- people per sq mi
- 84%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47994 against every reporting US ZIP.
ZIP code 47994 is a sparsely populated ZIP (a standard USPS delivery area) in Wingate, Montgomery County, Indiana, home to just 476 residents across 38.1 square miles, a density of 13 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 47994 lands in the middle-income range, with a median household income of $101,891 (38% above the average Indiana ZIP), while per-capita income is $41,691. Both reported hardship measures are comparatively low in absolute terms: poverty is 5.8% and unemployment is 2.0%. Median home value is $173,600 (10% below the average Indiana ZIP); 84.1% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 19.6% of adults hold a bachelor's degree or higher, the median age is 47.1, and the average commute is -. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in Montgomery County, so 47994 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 47994, Wingate, 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
476
Population
38.1
Area (sq mi)
13
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47994?
47.1
Median Age
53.6%
Male
46.4%
Female
1.2%
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?
$101,891
Median Household Income
+38% vs state ZIP avg
$41,691
Per Capita Income
5.8%
Poverty Rate
2.0%
Unemployment Rate
How ZIP 47994 ranks among Indiana ZIPs
Wingate, 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)
$101,891 Top 9% higher than 91% 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
247housing units
247
Total Housing Units
239
Occupied Units
8
Vacant Units
2.82
Avg Household Size
Occupancy Type
$173,600
Median Home Value
-10% vs state ZIP avg
1974
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 11 business establishments in ZIP 47994, employing approximately 87 people with a combined annual payroll of $6,019,000.
11
Businesses
87
Employees
$6.0M
Annual Payroll
1
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Other services (except public administration) | 3 | 27.3% |
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 47994 vs 47958 →
ZIP 47994 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47918
Attica (47918)
6,321 residents
- 47990 1,627
Waynetown (47990)
1,627 residents
- 47949 1,332
Hillsboro (47949)
1,332 residents
- 47981 849
Romney (47981)
849 residents
- 47967 772
New Richmond (47967)
772 residents
- 47994 476
Wingate (47994)
476 residents
- 47958 209
Mellott (47958)
209 residents
- 47969 145
Newtown (47969)
145 residents
What this shows Among its immediate neighbors, ZIP 47994 ranks #6 by population - useful context the national average alone can't give.
ZIP 47994 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47994
Wingate (47994)
$101,891 median income
- 47981
Romney (47981)
$86,023 median income
- 47958
Mellott (47958)
$86,000 median income
- 47967
New Richmond (47967)
$81,563 median income
- 47949
Hillsboro (47949)
$76,429 median income
- 47918
Attica (47918)
$70,317 median income
- 47990
Waynetown (47990)
$63,198 median income
- 47969
Newtown (47969)
$59,167 median income
What this shows By household income, ZIP 47994 ranks the highest of 8 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 47994, 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 Montgomery County
Related Areas
Frequently Asked Questions
What county is ZIP code 47994 in?
ZIP code 47994 (Wingate) is located in Montgomery County, Indiana. Montgomery County contains multiple ZIP codes, see the full list at /counties/montgomery-in.
What is the population of ZIP code 47994?
ZIP code 47994 in Wingate, IN has a population of 476 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47994?
The median household income in ZIP 47994 is $101,891, which is 34% above the national average of $76,288.
What is the average home value in ZIP 47994?
The median home value in ZIP 47994 is $173,600, which is 38% below the national average of $278,155.
What is the demographic makeup of ZIP 47994?
The largest racial group in ZIP 47994 is White at 98.1%.
How many businesses are in ZIP code 47994?
ZIP code 47994 has 11 business establishments employing approximately 87 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 47994?
In ZIP code 47994, 49.9% of residents aged 25+ have a high school diploma or higher, and 19.6% 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 47994?
In ZIP code 47994, approximately 84.1% of occupied housing units are owner-occupied and 15.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47994?
The poverty rate in ZIP code 47994 is 5.8% 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 47994's numbers, next.
- See how ZIP 47994 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Wingate, 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.