| ZIP Code | 47981 |
|---|---|
| City | Romney |
| State | Indiana (IN) |
| County | Tippecanoe County |
| Area Code | 765 |
| Elevation | 740 ft |
| Latitude | 40.251488 |
|---|---|
| Longitude | -86.944666 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18157 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.0 yrs ↑ 13% since 2019 |
|---|---|
| Avg Household Size | 2.95 |
| Below Poverty | 0.0% ▼ 100% below avg |
| College Grads | 28.2% ▼ 27% below avg |
| Unemployment | 5.8% ▲ 18% above avg |
| HS Graduate | 210 (36.6%) |
| Some College | 117 (20.4%) |
| Associates | 85 (14.8%) |
| Bachelors | 24 (4.2%) |
| Graduate Degree | 138 (24%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $76,250 ≈ Avg ↓ 2% since 2019 |
|---|---|
| Median Home Value | $173,300 ▼ 38% below avg ↓ 22% since 2019 |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Total Units | 344 |
| Vacant Units | 34 |
| Avg HH Size | 2.95 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 344 |
|---|---|
| Vacant | 34 |
| Owner Occupied | 96.5% |
| Renter Occupied | 3.6% |
| Avg HH Size | 2.95 |
ZIP code 47981 is located in Romney, Indiana, within Tippecanoe County. With a population of 915, this is a sparsely populated ZIP code with a middle-aged community — the median age is 38 years. Economically, 47981 is a middle-income ZIP code: the median household income of $76,250 is near the national average.
Real estate in ZIP code 47981 represents an affordable housing market. The median home value of $173,300 is below the national average. Homeownership is strong here — 96.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 22% since 2019.
The population of 47981 is primarily White (93.99%). Residents are moderately educated — 28.2% hold a bachelor's degree or higher, which is below the national average. Household income has declined by 2% since 2019.
The unemployment rate in 47981 stands at 5.8%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 98%.
Overall, ZIP code 47981 in Romney, IN is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 915 residents, a median household income of $76,250, and a median home value of $173,300, it offers a clear picture of life in this part of Indiana.