The 47408 ZIP Code is associated with the city of Bloomington in Indiana in Monroe County in the United States. The current population estimate is 25,804. Median househould income in this region is $35,985, while about 14% of the population lives below the poverty line. The median age in 47408 is estimated to at 23.9 years, and about 13.4% of residents are aged 62 years and older. In this Indiana region, an estimated 55.5% have a bachelor's degree or higher, while the per capita income comes in at about $22,912.
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The median household income in ZIP Code 47408 is $35,985, while the region's mean household income is $59,491. Breaking income down further, per capita income in the region is $22,912. The per capita income in ZIP Code 47408 of $22,912 is approximately 23.05% less than the per capita income in the U.S. overall of $29,777. An estimated 13.7% of the population is living below the poverty line in this region. This rate is approximately44.21% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 17.7% of the population in 47408 earn less than $10,000 per year, while an estimated 14.0% earn $15,000 to $24,999 per year, and 4.1% of 47408 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 17.7% |
| $10,000 to $14,999 per year | 7.9% |
| $15,000 to $24,999 per year | 14.0% |
| $25,000 to $34,999 per year | 9.6% |
| $35,000 to $49,999 per year | 10.3% |
| $50,000 to $74,999 per year | 13.1% |
| $75,000 to $99,999 per year | 7.1% |
| $100,000 to $149,999 per year | 11.1% |
| $150,000 to $199,999 per year | 5.1% |
| $200,000 or more per year | 4.1% |
Looking at race in the population that makes up ZIP Code 47408, 96.5% is one race, while 3.5% are two or more races. Approximately 2.9% of 47408 residents are hispanic or Latino (of any race). The most common race in 47408 (race alone or in combination with one or more other races), is White (86.5%), followed by Asian (11.9%) .
| Industry | Percent |
|---|---|
| White | 86.5% |
| Black or African American | 4.2% |
| American Indian and Alaska Native | 0.4% |
| Asian | 11.9% |
| Native Hawaiian and Other Pacific Islander | 0.1% |
| Some other race | 0.4% |
Residents of ZIP Code 47408 are younger than average. The median age of 23.9 years in ZIP Code 47408 is approximately 37.27% lower than the overall median age in the U.S. of 38.1 years. About 88.6% of residents are aged 18 years and older, and 13.4% of residents are 62 years and over. Approximately 31.1% of the population in 47408 falls in the age group 20 to 24 years, while an estimated 14.2% are aged 25 to 34 years. On the low end of the scale, 2.7% of 47408 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 3.2% |
| 5 to 9 years | 3.0% |
| 10 to 14 years | 3.1% |
| 15 to 19 years | 11.9% |
| 20 to 24 years | 31.1% |
| 25 to 34 years | 14.2% |
| 35 to 44 years | 8.2% |
| 45 to 54 years | 5.9% |
| 55 to 59 years | 4.5% |
| 60 to 64 years | 3.3% |
| 65 to 74 years | 5.3% |
| 75 to 84 years | 3.5% |
| 85 years and over | 2.7% |
In ZIP Code 47408, 86.9% of the population lists "English only" as the language spoken in home, while 1.4% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 3.4% of homes, and other Indo-European languages are spoken in 7.0% of homes. Lastly, 1.2% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Monroe County region.
| Language Spoken | Percent |
|---|---|
| English only | 86.9% |
| Spanish | 1.4% |
| Other Indo-European languages | 3.4% |
| Asian and Pacific Islander languages | 7.0% |
| Other languages | 1.2% |
Regarding the age of homes in ZIP Code 47408, an estimated 21.4% of homes were built between 1970 and 1979. Additionally, 16.7% of homes in the region were built between 1980 and 1989, while an estimated 2.2% of homes were built between 1940 and 1949 in this Monroe County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 3.2% |
| Built between 2010 and 2013 | 2.8% |
| Built between 2000 and 2009 | 9.1% |
| Built between 1990 and 1999 | 16.3% |
| Built between 1980 and 1989 | 16.7% |
| Built between 1970 and 1979 | 21.4% |
| Built between 1960 and 1969 | 14.7% |
| Built between 1950 and 1959 | 8.2% |
| Built between 1940 and 1949 | 2.2% |
| Built in 1939 or earlier | 5.5% |
In ZIP Code 47408, 93.8% of the population graduated high school, while 55.5% have a bachelor's degree or higher. In this region, 1.1% achieved an education level less than 9th grade, while 27.0% hold a graduate or professional degree. Approximately 15.9% in this Monroe County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 1.1% |
| 9th to 12th grade, no diploma | 5.0% |
| High school graduate (includes equivalency) | 15.9% |
| Some college, no degree | 16.1% |
| Associate's degree | 6.3% |
| Bachelor's degree | 28.5% |
| Graduate or professional degree | 27.0% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 47408 is current access to health insurance, as an estimated 91.1% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 47408 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 91.1% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 47408 has an average daily solar radiation level of 4.88 kWh/m2/day. This is approximately 18.45% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 25.95% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 47408 | 13.47¢/kWh | 10.13¢/kWh | 8.33¢/kWh |
| Indiana | 14.8¢/kWh | 12.49¢/kWh | 8.2¢/kWh |
| United States | 16.62¢/kWh | 13.58¢/kWh | 8.81¢/kWh |
| Month | ZIP Code 47408 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.23 | 1.9 | 5.84 |
| Feb | 4.22 | 3 | 6.31 |
| Mar | 4.96 | 3.65 | 7.02 |
| Apr | 5.36 | 5.13 | 7.3 |
| May | 5.29 | 5.17 | 7.13 |
| Jun | 5.88 | 5.72 | 6.95 |
| Jul | 5.91 | 6.22 | 6.51 |
| Aug | 6.06 | 6.08 | 6.65 |
| Sep | 5.85 | 5.15 | 7.02 |
| Oct | 4.87 | 3.32 | 6.92 |
| Nov | 3.82 | 2.33 | 5.99 |
| Dec | 3.14 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 47408, checking or savings account have received the most complaints in 47408 in the past 12 months. Credit reporting or credit repair services received the second most complaints. The most frequent complaint overall in this Monroe County region was problem with a credit reporting company's investigation.
| Complaint Product | Number of Complaints* |
|---|---|
| Checking or savings account | 10 |
| Credit reporting or credit repair services | 9 |
| Credit reporting or other personal consumer reports | 7 |
| Debt collection | 4 |
| Money transfer, virtual currency, or money service | 4 |
| Other | 4 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Problem with a credit reporting company's investigation | 9 |
| Incorrect information on your report | 6 |
| Managing an account | 5 |
| Closing an account | 3 |
| Attempts to collect debt not owed | 2 |
| Other | 13 |
In 47408, 57.3% of the population is in the labor force. Recent estimates place 5.4% as working from home, while the total labor force in the region has a mean travel to time to work of 18.9 minutes. Approximately 44.4% of the employed population 16 years and over in 47408 work in educational services, and health care and social assistance, while an estimated 15.0% work in arts, entertainment, and recreation, and accommodation and food services. On the lower end of the scale, just 0.0% of 47408 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.0% |
| Construction | 2.9% |
| Manufacturing | 5.0% |
| Wholesale trade | 1.7% |
| Retail trade | 11.2% |
| Transportation and warehousing, and utilities | 1.0% |
| Information | 2.1% |
| Finance and insurance, and real estate and rental and leasing | 3.1% |
| Professional, scientific, management, and administrative | 6.5% |
| Educational services, and health care and social assistance | 44.4% |
| Arts, entertainment, and recreation, and accommodation and food services | 15.0% |
| Other services, except public administration | 4.6% |
| Public administration | 2.6% |