US ZIP Code
47905

Lafayette, IN

Tippecanoe County  ·  Indiana

● Active
👥 42,109 Population
💰 $63,115 Median HH Income
▼ 17% below avg ↑ 7% since 2019
🎂 35.5 Median Age
🏠 $215,500 Median Home Value
▼ 23% below avg ↑ 39% since 2019
🎓 42.9% College Grads
▲ 11% above avg
📊 2.3% Unemployment
▼ 53% below avg ↓ 55% since 2019
ZIP Code Details
ZIP Code47905
CityLafayette
StateIndiana (IN)
CountyTippecanoe County
Area Code765
Elevation667 ft
Latitude40.421886
Longitude-86.763599
TimezoneIndiana/Indianapolis (DST)
FIPS18157
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 49.7% (20,945) Female 50.3% (21,164) ♀

Race & Ethnicity

White: 74.1%Hispanic: 12.3%Black: 6.7%Asian: 3.6%Other: 3.2%Race
White74.1%
Hispanic12.3%
Black6.7%
Asian3.6%
Other3.2%

Age Breakdown

Under 5
8%
5–17
18%
18–24
9%
25–44
27%
45–64
23%
65+
7%

Key Indicators

Median Age35.5 yrs
Avg Household Size2.40
Below Poverty13.4% ▲ 34% above avg
College Grads42.9% ▲ 11% above avg
Unemployment2.3% ▼ 53% below avg
No HS Diploma333 (1.3%)
HS Graduate7,952 (31.2%)
Some College3,510 (13.8%)
Associates2,775 (10.9%)
Bachelors2,486 (9.7%)
Graduate Degree8,465 (33.2%)

Education

No HS: 1.3%HS Grad: 31.2%Some College: 13.8%Associates: 10.9%Bachelors: 9.7%Graduate: 33.2%Edu
No HS1.3%
HS Grad31.2%
Some College13.8%
Associates10.9%
Bachelors9.7%
Graduate33.2%
Housing & Income

Housing Tenure

Owner: 62.4%Renter: 37.6%Tenure
Owner62.4%
Renter37.6%

Home Value Distribution

Under $50k
5%
$50k–100k
8%
$100k–150k
15%
$150k–200k
15%
$200k–300k
28%
$300k–500k
21%
Over $500k
6%

Financials

Median HH Income$63,115 ▼ 17% below avg ↑ 7% since 2019
Median Home Value$215,500 ▼ 23% below avg ↑ 39% since 2019
Home/Income Ratio3.4x (nat avg ~3.5x)
Median Rent$1,101/mo ↑ 29% since 2019
Total Units18,309
Vacant Units877
Avg HH Size2.40

Income Distribution

Under $25k
13%
$25k–50k
19%
$50k–75k
22%
$75k–100k
14%
$100k–150k
19%
$150k–200k
7%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
90%
Public Transit
1%
Walked
1%
Work From Home
8%

Commute Time

Under 15 min
42%
15–30 min
46%
30–45 min
7%
Over 45 min
6%
Housing Stock

Year Built

Before 1940
4%
1940s–1950s
12%
1960s–1970s
10%
1980s–1990s
17%
2000+
57%

Summary

Total Units18,309
Vacant877
Owner Occupied62.4%
Renter Occupied37.6%
Avg HH Size2.40
Frequently Asked Questions
ZIP code 47905 is in Lafayette, IN, in Tippecanoe County.
ZIP code 47905 is located in Indiana (IN).
ZIP code 47905 is in Tippecanoe County, IN.
ZIP 47905 observes the Indiana/Indianapolis timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 47905 is 42,109 people (ACS 2023).
The median household income in ZIP code 47905 is $63,115 (ACS 2023).
The median home value in ZIP 47905 is $215,500 (ACS 2023).
About ZIP Code 47905

ZIP code 47905 is located in Lafayette, Indiana, within Tippecanoe County. With a population of 42,109, this is a highly populated ZIP code with a relatively young community — the median age is 35.5 years. Economically, 47905 is a solidly middle-class ZIP code: the median household income of $63,115 is below the national average.

Real estate in ZIP code 47905 represents an affordable housing market. The median home value of $215,500 is below the national average. Renters can expect to pay around $1,101 per month in median rent. Homeownership is strong here — 62.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 39% since 2019.

The population of 47905 is primarily White (74.06%). Residents are well-educated — 42.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 13.4%. Household income has grown by 7% since 2019.

The unemployment rate in 47905 stands at 2.3%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.

Overall, ZIP code 47905 in Lafayette, IN is characterized as solidly middle-class, well-educated, a relatively young community, and predominantly owner-occupied. With 42,109 residents, a median household income of $63,115, and a median home value of $215,500, it offers a clear picture of life in this part of Indiana.