| ZIP Code | 47960 |
|---|---|
| City | Monticello |
| State | Indiana (IN) |
| County | White County |
| Area Code | 574 |
| Elevation | 679 ft |
| Latitude | 40.788336 |
|---|---|
| Longitude | -86.751934 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18181 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.8 yrs |
|---|---|
| Avg Household Size | 2.39 |
| Below Poverty | 9.6% ≈ Avg |
| College Grads | 28.9% ▼ 25% below avg |
| Unemployment | 6.0% ▲ 22% above avg |
| No HS Diploma | 162 (1.5%) |
| HS Graduate | 4,109 (39.2%) |
| Some College | 2,141 (20.4%) |
| Associates | 1,048 (10%) |
| Bachelors | 1,067 (10.2%) |
| Graduate Degree | 1,962 (18.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,087 ▼ 20% below avg ↑ 23% since 2019 |
|---|---|
| Median Home Value | $179,300 ▼ 36% below avg ↑ 41% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $852/mo ↑ 20% since 2019 |
| Total Units | 9,757 |
| Vacant Units | 3,440 |
| Avg HH Size | 2.39 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 9,757 |
|---|---|
| Vacant | 3,440 |
| Owner Occupied | 78.7% |
| Renter Occupied | 21.3% |
| Avg HH Size | 2.39 |
ZIP code 47960 is located in Monticello, Indiana, within White County. With a population of 15,313, this is a moderately populated ZIP code with a mature community — the median age is 47.8 years. Economically, 47960 is a solidly middle-class ZIP code: the median household income of $61,087 is below the national average.
Real estate in ZIP code 47960 represents an affordable housing market. The median home value of $179,300 is below the national average. Renters can expect to pay around $852 per month in median rent. Homeownership is strong here — 78.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 41% since 2019.
The population of 47960 is primarily White (92.12%). Residents are moderately educated — 28.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 9.6%. Household income has grown by 23% since 2019.
The unemployment rate in 47960 stands at 6.0%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 47960 in Monticello, IN is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 15,313 residents, a median household income of $61,087, and a median home value of $179,300, it offers a clear picture of life in this part of Indiana.