ZIP Code 47989 Demographics

Montgomery County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 47989 compared to county averages.

Total Population

1,182

↓ 96.9% vs county

Median HH Income

$97,391

↑ +54.7% vs county

Median Home Value

$99,700

↓ 36.3% vs county

Median Age

36.3 yrs

↑ 10.1% vs county

Unemployment Rate

1.9%

↑ 52.5% vs county

Income & Housing Comparison

How ZIP 47989 compares to Montgomery County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 47989 $97k Montgomery $63k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 47989 $100k Montgomery $156k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

21.5%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

91.0%

of occupied housing units are owner-occupied

Median Gross Rent

$425

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 47989 using local Census metrics.

Median Home Value$99,700
Down Payment (20%)$19,940
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$633P&I: $504 | Tax: $100 | Ins: $29
Rent (Local Median)
$425
Renting is CheaperRenting is estimated to save you $208/month compared to buying costs.

How Does 47989 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 47989 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 47989, sorted by distance.

47859 6.3 mi away parke county 46175 6.3 mi away putnam county 47916 6.5 mi away montgomery county 47965 8.3 mi away montgomery county 47872 11.0 mi away parke county 47990 11.9 mi away montgomery county 47949 12.4 mi away fountain county 47933 13.2 mi away montgomery county

About Montgomery County

Montgomery County is located in Indiana and has a total population of 38,018. The county's median household income is $62,937 and median home value is $156,400. ZIP code 47989 is one of many ZCTAs within this county.

View all ZIP codes in Montgomery County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.