US ZIP Code
47408

Bloomington, IN

Monroe County  ·  Indiana

● Active
👥 21,660 Population ↓ 16% since 2019
💰 $45,584 Median HH Income
▼ 40% below avg ↑ 27% since 2019
🎂 23.9 Median Age
🏠 $304,600 Median Home Value
▲ 9% above avg ↑ 47% since 2019
🎓 64.0% College Grads
▲ 65% above avg
📊 6.1% Unemployment
▲ 24% above avg ↓ 3% since 2019
ZIP Code Details
ZIP Code47408
CityBloomington
StateIndiana (IN)
CountyMonroe County
Area Code812/930
Elevation751 ft
Latitude39.229815
Longitude-86.467254
TimezoneIndiana/Indianapolis (DST)
FIPS18105
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 53.2% (11,514) Female 46.8% (10,146) ♀

Race & Ethnicity

White: 78.4%Hispanic: 4.7%Black: 2.9%Asian: 9.5%Other: 4.1%Race
White78.4%
Hispanic4.7%
Black2.9%
Asian9.5%
Other4.1%

Age Breakdown

Under 5
3%
5–17
8%
18–24
42%
25–44
21%
45–64
14%
65+
4%

Key Indicators

Median Age23.9 yrs
Avg Household Size2.13
Below Poverty28.3% ▲ 183% above avg
College Grads64.0% ▲ 65% above avg
Unemployment6.1% ▲ 24% above avg
No HS Diploma10 (0.1%)
HS Graduate1,450 (15.2%)
Some College754 (7.9%)
Associates1,210 (12.7%)
Bachelors568 (6%)
Graduate Degree5,524 (58%)

Education

No HS: 0.1%HS Grad: 15.2%Some College: 7.9%Associates: 12.7%Bachelors: 6%Graduate: 58%Edu
No HS0.1%
HS Grad15.2%
Some College7.9%
Associates12.7%
Bachelors6.0%
Graduate58.0%
Housing & Income

Housing Tenure

Owner: 38.2%Renter: 61.9%Tenure
Owner38.2%
Renter61.9%

Home Value Distribution

Under $50k
2%
$50k–100k
5%
$100k–150k
6%
$150k–200k
10%
$200k–300k
26%
$300k–500k
34%
Over $500k
17%

Financials

Median HH Income$45,584 ▼ 40% below avg ↑ 27% since 2019
Median Home Value$304,600 ▲ 9% above avg ↑ 47% since 2019
Home/Income Ratio6.7x (nat avg ~3.5x)
Median Rent$1,177/mo ↑ 28% since 2019
Total Units10,456
Vacant Units1,636
Avg HH Size2.13

Income Distribution

Under $25k
29%
$25k–50k
20%
$50k–75k
16%
$75k–100k
10%
$100k–150k
10%
$150k–200k
7%
Over $200k
7%
Employment & Commute

How People Get to Work

Drove Alone
70%
Public Transit
4%
Walked
10%
Work From Home
16%

Commute Time

Under 15 min
40%
15–30 min
41%
30–45 min
10%
Over 45 min
9%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
20%
1960s–1970s
14%
1980s–1990s
11%
2000+
53%

Summary

Total Units10,456
Vacant1,636
Owner Occupied38.2%
Renter Occupied61.9%
Avg HH Size2.13
Frequently Asked Questions
ZIP code 47408 is in Bloomington, IN, in Monroe County.
ZIP code 47408 is located in Indiana (IN).
ZIP code 47408 is in Monroe County, IN.
ZIP 47408 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 47408 is 21,660 people (ACS 2023).
The median household income in ZIP code 47408 is $45,584 (ACS 2023).
The median home value in ZIP 47408 is $304,600 (ACS 2023).
About ZIP Code 47408

ZIP code 47408 is located in Bloomington, Indiana, within Monroe County. With a population of 21,660, this is a moderately populated ZIP code with a young community — the median age is 23.9 years. Economically, 47408 is a working-class ZIP code: the median household income of $45,584 is below the national average.

Real estate in ZIP code 47408 represents a mid-range housing market. The median home value of $304,600 is near the national average. Renters can expect to pay around $1,177 per month in median rent. This is predominantly a renter community, with 61.9% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 47% since 2019.

The population of 47408 is primarily White (78.37%). Residents are highly educated — 64.0% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a significant share of residents at 28.3%. Household income has grown by 27% since 2019.

The unemployment rate in 47408 stands at 6.1%, which is above the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 61%.

Overall, ZIP code 47408 in Bloomington, IN is characterized as working-class, highly educated, and a young community. With 21,660 residents, a median household income of $45,584, and a median home value of $304,600, it offers a clear picture of life in this part of Indiana.