ZIP Code Tabulation Area

47960

Monticello, IN · ACS 2020–2024

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Latest estimates

At a glance

U.S. Census Bureau American Community Survey 5-year estimates.

Total population
14,825
Median household income
$65,603
People below poverty
9%
Median home value
$192,700

Income

The median income of households in 47960 was $65,603. An estimated 3.6% of households had income below $10,000 a year and 5.8% had income of $200,000 or more.

Household Income in 47960 in 2020-2024

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Percent
Less than $10,000 3.6
$10,000 to $14,999 3
$15,000 to $24,999 8
$25,000 to $34,999 12.3
$35,000 to $49,999 9.6
$50,000 to $74,999 20.5
$75,000 to $99,999 13.4
$100,000 to $149,999 16.4
$150,000 to $199,999 7.4
$200,000 or more 5.8

Median Earnings for Full-Time Year-Round Workers by Sex in 47960 in 2020-2024

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Dollars
Male 54391
Female 42436

An estimated 70.9% of households received earnings. An estimated 45.4% of households received Social Security and an estimated 29.2 % of households received retirement income other than Social Security. The average income from Social Security was $23,726. These income sources are not mutually exclusive; that is, some households received income from more than one source.

Proportion of Households with Various Income Sources in 47960 in 2020-2024

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Percent
Earnings 70.9
Social Security 45.4
Retirement income 29.2
Supplemental Security Income (SSI) 4.3
Cash public assistance income 1.5

Poverty and Participation in Government Programs

In 2020-2024, 9 % of people were in poverty. An estimated 13.1% of children under 18 were below the poverty level, compared with 5.7% of people 65 years old and over. An estimated 9.2% of people 18 to 64 years were below the poverty level.

Poverty Rates in 47960 in 2020-2024

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Percent
People in poverty 9
Children under 18 years below poverty 13.1
People 65 years old and over below poverty 5.7
People 18 to 64 years below poverty 9.2

In 2020-2024, 7.7 % of households received SNAP (the Supplemental Nutrition Assistance Program). An estimated 28.5% of households that received SNAP had children under 18, and 53.3% of households that received SNAP had one or more people 60 years and over. An estimated 24.6% of all households receiving SNAP were families with a female householder and no spouse present.


Among the civilian noninstitutionalized population in 47960 in 2020-2024, 93.2% had health insurance coverage and 6.8% did not have health insurance coverage. Private coverage was 69.8% and public coverage was 39.9%, respectively. The percentage of children under the age of 19 with no health insurance coverage was 2.5%.


In 2020-2024, 47960 had a total population of 14,825 - 7,478 (50.4%) females and 7,347 (49.6%) males. The median age was 47.8 years. An estimated 17.3% of the population was under 18 years, 27% was 19 to 44 years, 27.5% was 45 to 64 years, and 26.2 % was 65 years and older.

Population by Age and Sex for 47960 in 2020-2024

Male Female
Under 5 323 317
5 to 9 411 525
10 to 14 212 225
15 to 19 445 405
20 to 24 553 394
25 to 29 485 416
30 to 34 309 238
35 to 39 489 426
40 to 44 395 297
45 to 49 276 403
50 to 54 581 496
55 to 59 653 470
60 to 64 459 745
65 to 69 628 633
70 to 74 322 595
75 to 79 356 337
80 to 84 196 270
85 and over 254 286

Hispanic Origin and Race

For people reporting one race alone, 92.7% were White; 0.2% were Black or African American; 11% were American Indian and Alaska Native; 0.2% were Asian; 0.1% were Native Hawaiian and Other Pacific Islander, and 0% were Some Other Race. An estimated 3.8% reported Two or More Races. An estimated 5.2% of the people in 47960 were Hispanic or Latino. An estimated 91.9% of the people in 47960 were White alone, non-Hispanic. People of Hispanic origin may be of any race.


Households and Families

In 2020-2024, there were 6,398 households in 47960. The average household size was 2.28 people.

Married-couple households made up 45.1% of the households in 47960 while cohabiting couple households made up 10% of households. Female householders with no spouse or partner present were 25.6% of all households, while 19.3% of households had male householders with no spouse or partner present. Some households had one person, as 13.6% of households were male householders living alone, and 19.3% were female householders living alone, for a total of 32.9% of all households.

In 47960, 21.5% of all households had one or more people under the age of 18; 41.2% of all households had one or more people 65 years and over.

Types of Households in 47960 in 2020-2024

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Percent
Married-couple households 45.1
Cohabiting Couples 10
Male Householder
No spouse/partner present
19.3
Female Householder
No spouse/partner present
25.6

Marital Status

Among persons 15 and older, 47.9% of males and 49.6% of females were currently married.

Population 15 years and over Percent
Males
Percent
Females
Never married 28 22.3
Now married, except separated 47.9 49.6
Separated 0.4 0.5
Widowed 5.4 13.3
Divorced 18.2 14.3

Grandparents and Grandchildren

In 47960, 167 grandparents lived with their grandchildren under 18 years old. Of those grandparents, 38.9% were responsible for the basic needs of their grandchildren.


Nativity and Foreign-Born

In 2020-2024, an estimated 96% of the people living in 47960 were U.S. natives. 74.1% of the 47960 population were living in the state where they were born.

Approximately 4% of 47960 residents in 2020-2024 were foreign-born. 42.9% of foreign-born were naturalized U.S. citizens and an estimated 78.8 % entered the country before the year 2010.

Foreign-born residents of 47960 come from different parts of the world. The bar graph below displays the percentage of foreign-born from each world region of birth in 2020-2024 for 47960.

Region of Birth for the Foreign-Born Population in 47960 in 2020-2024

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Percent
Latin America 67.9
Asia 15.2
Europe 7
Africa 0
Northern America 9.8
Oceania 0

Language

Among people at least five years old living in 47960 in 2020-2024, 5.5 % spoke a language other than English at home. Spanish was spoken by 3.7% of people at least five years old; 2.3% reported that they did not speak English "very well."

Percentage of the Population 5 years and over who Speak a Language other than English in 47960 in 2020-2024

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Percent
Spanish 3.7
Other Indo-European languages 1.3
Asian and Pacific Islander languages 0.2
Other languages 0.3

Geographic Mobility

In 2020-2024, 87 % of the people at least one year old living in 47960 were living in the same house one year earlier.

Geographic Mobility of Residents of 47960 in 2020-2024

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Percent
Same house 87
Different house, same county 6.7
Different county, same state 3.9
Different state 2.3
Abroad 0

Education

In 2020-2024, 90.7 % of people 25 years and over had at least graduated from high school and 19.7% had a bachelor's degree or higher. An estimated 9.3% did not complete high school.

The total school enrollment in 47960 was 2,487 in 2020-2024. Nursery school enrollment was 78 and kindergarten through 12th grade enrollment was 1,963. College or graduate school enrollment was 446.

Educational Attainment of People in 47960 in 2020-2024

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Percent
Less than high school diploma 9.3
High school diploma or equivalency 41.4
Some college, no degree 20.4
Associate's degree 9.1
Bachelor's degree 13.7
Graduate or professional degree 6.1

Disability

In 47960, among the civilian noninstitutionalized population in 2020-2024, 16.3 % reported a disability. The likelihood of having a disability varied by age - from 6.6% of people under 18 years old, to 11.8% of people 18 to 64 years old, and to 33.2% of those 65 and over.


Employment Status and Type of Employer

In 47960, 57.2 % of the population 16 and over were employed; 40% were not currently in the labor force.

An estimated 82.1% of the people employed were private wage and salary workers; 13% were federal, state, or local government workers; and 4.9 % were self-employed in their own (not incorporated) business.

Class of worker Number Percent
Private wage and salary workers 5,874 82.1
Federal, state, or local government workers 930 13
Self-employed workers in own not incorporated business 354 4.9

Industries

In 2020-2024, the civilian employed population 16 years and older in 47960 worked in the following industries:

Percent by Industry in 47960 in 2020-2024

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Percent
Agriculture, forestry, fishing and hunting, and mining 0.9
Construction 10.4
Manufacturing 28.2
Wholesale trade 2.3
Retail trade 11.2
Transportation and warehousing, and utilities 5.3
Information 0.3
Finance and insurance, and real estate and rental and leasing 3.4
Professional, scientific, and management, and administrative and waste management services 7.9
Educational services, and health care and social assistance 16.9
Arts, entertainment, and recreation, and accommodation, and food services 6.5
Other Services, except public administration 3.1
Public administration 3.4

Occupations

Occupations for the Civilian Employed Population 16 Years and over in 47960 in 2020-2024

Civilian employed population 16 years and over Number Percent
Management, business, sciences, and arts occupations 1,990 27.8
Service occupations 999 14
Sales and office occupations 1,545 21.6
Natural resources, construction, and maintenance occupations 702 9.8
Production, transportation, and material moving occupations 1,922 26.9

Commuting to Work

An estimated 80.5% of 47960 workers drove to work alone in 2020-2024, and 11.8% carpooled. Among those who commuted to work, it took them on average 24.3 minutes to get to work.

Percent of Workers 16 and over Commuting by Mode in 47960 in 2020-2024

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Percent
Car, truck, van -- drove alone 80.5
Car, truck, van -- carpooled 11.8
Public transportation (excluding taxicab) 0.2
Walked 0.9
Other means 0.3
Worked from home 6.4

In 2020-2024, 47960 had a total of 9,390 housing units. Of these housing units, 77.8% were single-family houses either not attached to any other structure or attached to one or more structures (commonly referred to as "townhouses" or "row houses"). 10.8% of the housing units were located in multi-unit structures, or those buildings that contained two or more apartments. 11.4% were mobile homes, while any remaining housing units were classified as "other," which included boats, recreational vehicles, vans, etc.

Types of Housing Units in 47960 in 2020-2024

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Percent
Single-family houses 77.8
Apartments in multi-unit structures 10.8
Mobile homes 11.4
Boat, RV, van, etc 0.1

5.5% of the housing inventory was comprised of houses built since 2010, while 14.7% of the houses were first built in 1939 or earlier. The median number of rooms in all housing units in 47960 was 5.9 rooms, and of these housing units 60.3% had three or more bedrooms.


In 2020-2024, 47960 had 6,398 housing units that were occupied or had people living in them, while the remaining 2,992 were vacant. Of the occupied housing units, the percentage of these houses occupied by owners (also known as the homeownership rate) was 81.5% while renters occupied 18.5%. The average household size of owner-occupied houses was 2.33 and in renter-occupied houses it was 2.07.

4.8% of householders of these occupied houses had moved into their house since 2021, while 11.9% moved into their house in 1989 or earlier. Households without a vehicle available for personal use comprised 3.8% and another 20.7% had three or more vehicles available for use.

The following chart provides the primary fuel used to heat houses in 47960:

House Heating Fuel Used in 47960 in 2020-2024

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Percent
Gas 79.1
Electricity 18.7
Fuel oil, kerosene, etc 0.4
All other fuels 1.6
No fuel used 0.1

In 2020-2024, the median property value for owner-occupied houses in 47960 was $192,700.

Of the owner-occupied households, 59.4 % had a mortgage. 40.6% owned their houses "free and clear," that is without a primary mortgage or loan on the house. The median monthly housing costs for owners with a mortgage was $1,330 and for owners without a mortgage it was $488.

For renter-occupied houses, the median gross rent for 47960 was $902. Gross rent includes the monthly contract rent and any monthly payments made for electricity, gas, water and sewer, and any other fuels to heat the house.