| ZIP Code | 47901 |
|---|---|
| City | Lafayette |
| State | Indiana (IN) |
| County | Tippecanoe County |
| Area Code | 765 |
| Elevation | 572 ft |
| Latitude | 40.417778 |
|---|---|
| Longitude | -86.889633 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18157 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 30.1 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 1.61 |
| Below Poverty | 21.6% ▲ 116% above avg |
| College Grads | 61.4% ▲ 58% above avg |
| Unemployment | 4.2% ▼ 13% below avg |
| No HS Diploma | 7 (0.3%) |
| HS Graduate | 365 (14%) |
| Some College | 296 (11.4%) |
| Associates | 336 (12.9%) |
| Bachelors | 95 (3.7%) |
| Graduate Degree | 1,499 (57.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $46,425 ▼ 39% below avg ↑ 41% since 2019 |
|---|---|
| Median Home Value | $257,400 ▼ 8% below avg ↑ 63% since 2019 |
| Home/Income Ratio | 5.5x (nat avg ~3.5x) |
| Median Rent | $954/mo ↑ 32% since 2019 |
| Total Units | 2,875 |
| Vacant Units | 207 |
| Avg HH Size | 1.61 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,875 |
|---|---|
| Vacant | 207 |
| Owner Occupied | 9.8% |
| Renter Occupied | 90.3% |
| Avg HH Size | 1.61 |
ZIP code 47901 is located in Lafayette, Indiana, within Tippecanoe County. With a population of 4,342, this is a lightly populated ZIP code with a relatively young community — the median age is 30.1 years. Economically, 47901 is a working-class ZIP code: the median household income of $46,425 is below the national average.
Real estate in ZIP code 47901 represents a mid-range housing market. The median home value of $257,400 is near the national average. Renters can expect to pay around $954 per month in median rent. This is predominantly a renter community, with 90.3% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 63% since 2019.
The population of 47901 is primarily White (72.98%). Residents are highly educated — 61.4% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a significant share of residents at 21.6%. Household income has grown by 41% since 2019.
The unemployment rate in 47901 stands at 4.2%, which is near the national average. About 18% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 51%.
Overall, ZIP code 47901 in Lafayette, IN is characterized as working-class, highly educated, and a relatively young community. With 4,342 residents, a median household income of $46,425, and a median home value of $257,400, it offers a clear picture of life in this part of Indiana.