47404 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Monroe County
Centroid: Latitude 39.193, Longitude -86.576
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 47404 has segments in 2 Counties (Monroe, Owen).

Businesses Addresses: 1,233
PO Box Addresses: 0
Residential Addresses: 10,545

Multi-Family Addresses: 1,481
Single Family Addresses: 9,064

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

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Bloomington, IN 47404 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Bloomington, IN 47404 Housing Affordability Index is 140 State of Indiana Housing Affordability Index is 180
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX
Bloomington, IN 47404 Wealth Index is 59 State of Indiana Wealth Index is 81
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

POPULATION
Total Population	23,197 (100%)
Population in Households	22,836 (98.4%)
Population in Families	14,294 (61.6%)
Population in Group Quarters¹	361 ( 1.6%)
Population Density	415
Diversity Index²	27

INCOME
Median Household Income	$44,043
Average Household Income	$60,308
Per Capita Income	$25,755
Wealth Index⁴	59

HOUSING
Total Housing Units	10,515 (100%)
Owner Occupied HU	5,309 (50.5%)
Renter Occupied HU	4,584 (43.6%)
Vacant Housing Units	622 ( 5.9%)
Median Home Value	$166,199
Housing Affordability Index³	140

HOUSEHOLDS
Total Households	9,893
Average Household Size	2.31
Family Households	5,000
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Bloomington, IN 47404 - Peer Comparisons by Rank and Percentile

The table below compares 47404 to the other 781 ZIP Codes in Indiana by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	0.94%	0.85%
Households	0.96%	0.86%
Families	0.48%	0.6%
Median Household Income		2.35%
Per Capita Income		2.9%

Variable Description	Rank	Percentile
Total Population	# 105	87th
Population Density	# 222	72nd
Diversity Index	# 177	78th
Median Household Income	# 671	14th
Per Capita Income	# 473	40th

Bloomington, IN 47404 ZIP Code Profile

ZIP Code 47404: Basic Data & USPS Preferred City Name

Popular Places Near ZIP Code 47404

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Bloomington, IN 47404 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Bloomington, IN 47404 - Peer Comparisons by Rank and Percentile

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