| ZIP Code | 47359 |
|---|---|
| City | Montpelier |
| State | Indiana (IN) |
| County | Blackford County |
| Area Code | 765 |
| Elevation | 872 ft |
| Latitude | 40.552162 |
|---|---|
| Longitude | -85.286474 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18009 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.7 yrs ↓ 10% since 2019 |
|---|---|
| Avg Household Size | 2.82 |
| Below Poverty | 10.6% ≈ Avg |
| College Grads | 21.3% ▼ 45% below avg |
| Unemployment | 0.8% ▼ 84% below avg |
| No HS Diploma | 2 (0.1%) |
| HS Graduate | 1,035 (48.4%) |
| Some College | 421 (19.7%) |
| Associates | 223 (10.4%) |
| Bachelors | 297 (13.9%) |
| Graduate Degree | 159 (7.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,308 ▼ 12% below avg ↑ 45% since 2019 |
|---|---|
| Median Home Value | $112,400 ▼ 60% below avg ↑ 52% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $727/mo ↑ 12% since 2019 |
| Total Units | 1,530 |
| Vacant Units | 224 |
| Avg HH Size | 2.82 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,530 |
|---|---|
| Vacant | 224 |
| Owner Occupied | 73.2% |
| Renter Occupied | 26.8% |
| Avg HH Size | 2.82 |
ZIP code 47359 is located in Montpelier, Indiana, within Blackford County. With a population of 3,688, this is a sparsely populated ZIP code with a middle-aged community — the median age is 38.7 years. Economically, 47359 is a solidly middle-class ZIP code: the median household income of $67,308 is near the national average.
Real estate in ZIP code 47359 represents one of the more affordable housing markets in the country. The median home value of $112,400 is well below the national average. Renters can expect to pay around $727 per month in median rent. Homeownership is strong here — 73.2% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 52% since 2019.
The population of 47359 is primarily White (90.21%). Residents are less-educated — 21.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 10.6%. Household income has grown by 45% since 2019.
The unemployment rate in 47359 stands at 0.8%, which is well below the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 81%.
Overall, ZIP code 47359 in Montpelier, IN is characterized as solidly middle-class, less-educated, a middle-aged community, and predominantly owner-occupied. With 3,688 residents, a median household income of $67,308, and a median home value of $112,400, it offers a clear picture of life in this part of Indiana.