| ZIP Code | 47932 |
|---|---|
| City | Covington |
| State | Indiana (IN) |
| County | Fountain County |
| Area Code | 765 |
| Elevation | 490 ft |
| Latitude | 40.134328 |
|---|---|
| Longitude | -87.415242 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18045 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.2 yrs ↑ 6% since 2019 |
|---|---|
| Avg Household Size | 2.38 |
| Below Poverty | 12.1% ▲ 21% above avg |
| College Grads | 32.5% ▼ 16% below avg |
| Unemployment | 4.4% ▼ 9% below avg |
| No HS Diploma | 31 (0.9%) |
| HS Graduate | 1,247 (36.1%) |
| Some College | 470 (13.6%) |
| Associates | 580 (16.8%) |
| Bachelors | 358 (10.4%) |
| Graduate Degree | 764 (22.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,365 ▼ 22% below avg ↑ 5% since 2019 |
|---|---|
| Median Home Value | $171,600 ▼ 38% below avg ↑ 39% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $835/mo ↑ 7% since 2019 |
| Total Units | 2,502 |
| Vacant Units | 354 |
| Avg HH Size | 2.38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 2,502 |
|---|---|
| Vacant | 354 |
| Owner Occupied | 69.8% |
| Renter Occupied | 30.2% |
| Avg HH Size | 2.38 |
ZIP code 47932 is located in Covington, Indiana, within Fountain County. With a population of 5,193, this is a lightly populated ZIP code with a middle-aged community — the median age is 44.2 years. Economically, 47932 is a solidly middle-class ZIP code: the median household income of $59,365 is below the national average.
Real estate in ZIP code 47932 represents an affordable housing market. The median home value of $171,600 is below the national average. Renters can expect to pay around $835 per month in median rent. Homeownership is strong here — 69.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 39% since 2019.
The population of 47932 is primarily White (93.59%). Residents are moderately educated — 32.5% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 12.1%. Household income has grown by 5% since 2019.
The unemployment rate in 47932 stands at 4.4%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 47932 in Covington, IN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 5,193 residents, a median household income of $59,365, and a median home value of $171,600, it offers a clear picture of life in this part of Indiana.