Zip code 47989: Waveland, Indiana

Q: What city is zip code 47989?

47989 is assigned to Waveland, Indiana. The city name is the one the Postal Service prefers for mail addressed to this zip code.

Q: What county is 47989 in?

47989 is mostly in Montgomery County, but it extends into 2 other counties.

Q: What is the population of 47989?

About 1,274 people live in 47989, according to the Census Bureau's American Community Survey.

Q: What is the median household income in 47989?

The median household income in 47989 is $104,048.

Q: What zip codes are near 47989?

The closest zip codes to 47989 are 47916, 47859, 46175, 47965, 47988.

Residential delivery areaMontgomery CountyEastern Time

Population

1,274

Median household income

$104K

U.S. $81K

Median home value

$123K

U.S. $333K

Median rent

$483/mo

U.S. $1,413

Median age

44.3

U.S. 38.9

Land area

40 sq mi

32 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 47989

47989 is a rural zip code in Waveland, Indiana (Montgomery County), covering 40 sq mi of land. About 1,274 people live here, or 32 per square mile. The median resident is 44.3 years old, compared with 38.9 nationally.

The median household earns $104,048 a year, 29% above the national median of $80,734. 7% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $122,700, or 1.2 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 93% of occupied homes are lived in by their owners, and renters pay a median of $483 a month.

17% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 27.6 minutes each way, and 8% of workers work from home. The most common jobs among working residents are in construction and repair; production and manufacturing; and management.

How 47989 compares

Sorted from highest to lowest national percentile

Homeownership rate92.7%
98th
StrengthU.S. 65.2% · IN 70.6%84th of 742 in IN
Uninsured rate20.8%
96th
WeaknessU.S. 8.4% · IN 7.4%36th of 745 in IN
Veterans10.6%
91st
U.S. 6.2% · IN 6.3%88th of 745 in IN
Median age44.3
83rd
U.S. 38.9 · IN 38.1195th of 745 in IN
Housing vacancy12.3%
80th
U.S. 10.1% · IN 8.8%192nd of 742 in IN
Government workers18.3%
78th
U.S. 14.5% · IN 11.7%93rd of 745 in IN
Self-employed workers11.8%
76th
U.S. 10% · IN 8%147th of 745 in IN
Median household income$104,048
75th
U.S. $80,734 · IN $71,95757th of 719 in IN
Median earnings per worker$53,611
65th
U.S. $49,666 · IN $46,609141st of 740 in IN
Average commute27.6 min
60th
U.S. 26.4 min · IN 24.1 min267th of 726 in IN
Per capita income$42,970
58th
U.S. $44,673 · IN $38,351118th of 744 in IN
Residents under 1822.7%
56th
U.S. 22% · IN 23.3%372nd of 745 in IN
Tech workers2.4%
41st
U.S. 3.8% · IN 2.5%201st of 745 in IN
Broadband access90.2%
35th
U.S. 91% · IN 89.9%293rd of 742 in IN
Poverty rate7%
25th
U.S. 12.5% · IN 12.3%514th of 742 in IN
Residents 65 and older12.8%
22nd
U.S. 17.2% · IN 16.8%616th of 745 in IN
Foreign-born residents3.4%
21st
U.S. 14.1% · IN 6.3%219th of 745 in IN
Income inequality (Gini)0.401
21st
U.S. 0.483 · IN 0.452358th of 740 in IN
Work from home7.6%
20th
U.S. 15.1% · IN 10.7%347th of 745 in IN
Bachelor's degree or higher16.7%
13th
WeaknessU.S. 35.7% · IN 29.5%472nd of 744 in IN
Diversity index17.4
10th
U.S. 61.4 · IN 41.4326th of 745 in IN
Unemployment rate2.2%
7th
StrengthU.S. 5.2% · IN 4.3%523rd of 745 in IN
Median home value$122,700
5th
U.S. $332,700 · IN $218,200611th of 719 in IN
Population density32/sq mi
4th
U.S. 95/sq mi · IN 191/sq mi646th of 745 in IN
Population1,274
2nd
U.S. 334,922,499 · IN 6,851,073557th of 745 in IN
Rent-burdened renters17.9%
2nd
StrengthU.S. 51.1% · IN 48.1%613th of 716 in IN
Healthcare workers4.1%
2nd
U.S. 9.7% · IN 9.8%635th of 745 in IN
Median gross rent$483
1st
U.S. $1,413 · IN $1,062640th of 640 in IN

Measure	47989	Montgomery	IN	U.S.	National percentile	Rank in IN
Homeownership rateStrength	92.7%	80.3%	70.6%	65.2%	98th	84th of 742
Uninsured rateWeakness	20.8%	8.2%	7.4%	8.4%	96th	36th of 745
Veterans	10.6%	7.8%	6.3%	6.2%	91st	88th of 745
Median age	44.3	40.4	38.1	38.9	83rd	195th of 745
Housing vacancy	12.3%	5.9%	8.8%	10.1%	80th	192nd of 742
Government workers	18.3%	11.9%	11.7%	14.5%	78th	93rd of 745
Self-employed workers	11.8%	9.7%	8%	10%	76th	147th of 745
Median household income	$104,048	$71,479	$71,957	$80,734	75th	57th of 719
Median earnings per worker	$53,611	$45,614	$46,609	$49,666	65th	141st of 740
Average commute	27.6 min	22.8 min	24.1 min	26.4 min	60th	267th of 726
Per capita income	$42,970	$36,354	$38,351	$44,673	58th	118th of 744
Residents under 18	22.7%	23%	23.3%	22%	56th	372nd of 745
Tech workers	2.4%	1.4%	2.5%	3.8%	41st	201st of 745
Broadband access	90.2%	90.1%	89.9%	91%	35th	293rd of 742
Poverty rate	7%	10.5%	12.3%	12.5%	25th	514th of 742
Residents 65 and older	12.8%	18.9%	16.8%	17.2%	22nd	616th of 745
Foreign-born residents	3.4%	3.3%	6.3%	14.1%	21st	219th of 745
Income inequality (Gini)	0.401	0.418	0.452	0.483	21st	358th of 740
Work from home	7.6%	7.4%	10.7%	15.1%	20th	347th of 745
Bachelor's degree or higherWeakness	16.7%	20.4%	29.5%	35.7%	13th	472nd of 744
Diversity index	17.4	20.3	41.4	61.4	10th	326th of 745
Unemployment rateStrength	2.2%	3.3%	4.3%	5.2%	7th	523rd of 745
Median home value	$122,700	$171,800	$218,200	$332,700	5th	611th of 719
Population density	32/sq mi	76/sq mi	191/sq mi	95/sq mi	4th	646th of 745
Population	1,274	38,312	6,851,073	334,922,499	2nd	557th of 745
Rent-burdened rentersStrength	17.9%	43%	48.1%	51.1%	2nd	613th of 716
Healthcare workers	4.1%	6.2%	9.8%	9.7%	2nd	635th of 745
Median gross rent	$483	$858	$1,062	$1,413	1st	640th of 640

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

11%

Under 5

12%

5–17

13%

18–24

11%

25–34

35–44

12%

45–54

24%

55–64

65–74

75+

Median age

44.3

Under 18

22.7%

65 and over

12.8%

Race and ethnicity

White91%
Black0%
Hispanic0.2%
Asian5%
Native American0.1%
Pacific Islander0%
Other0%
Multiracial4%

Diversity index

17.4

U.S. 61.4

Foreign-born

3.4%

U.S. 14.1%

Born in state

74.3%

Language spoken at home (households)

English only

89%

Spanish

Other Indo-European

Asian / Pacific

Other

Households

Households: 508
Average household size: 2.5
Family households: 83.1%
Married couples: 76%
Living alone: 16.5%
Veterans (of adults): 10.6%
Male / female: 59% / 41%

Income and poverty

Household income distribution

<$25k

$25–50k

15%

$50–75k

14%

$75–100k

11%

$100–150k

39%

$150–200k

$200k+

Median household income

47989

$104,048

Montgomery Co.

$71,479

Indiana

$71,957

United States

$80,734

Per capita income

$42,970

U.S. $44,673

Poverty rate

U.S. 12.5%

Households earning $150K+

15.9%

U.S. 23%

Income inequality (Gini)

0.401

U.S. 0.483

Housing

Median home value

47989

$122,700

Montgomery Co.

$171,800

Indiana

$218,200

United States

$332,700

Median gross rent

47989

$483

Montgomery Co.

$858

Indiana

$1,062

United States

$1,413

Types of housing

Single-family

91%

2–4 units

5–19 units

0.2%

20+ units

Mobile home

Boat, RV, van

Housing units: 579
Owner-occupied: 92.7%
Vacant: 12.3%
Median year built: 1939 or earlier
Median rooms: 6.4
Renters paying 30%+ of income: 17.9%
Renters paying 50%+ of income: 0%
Home value to income: 1.2× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone

75%

Carpooled

11%

Transit

0.6%

Walked

Bicycle

Worked from home

Other

Commute time (one way)

<10 min

10–19

11%

20–29

47%

30–44

21%

45–59

60+

10%

Average commute

27.6 min

U.S. 26.4 min

Unemployment

2.2%

U.S. 5.2%

In labor force

68%

U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Construction and repair

32%

Production

12%

Management

11%

Transportation and moving

Education

Sales

Office and admin

Food service

Healthcare

Computer and math

Business and finance

Cleaning and personal care

Arts, media and sports

0.7%

Engineering and science

0.3%

Legal and social services

0.1%

Farming, fishing and forestry

0.1%

Police and fire

Industries

Public administration

15%

Manufacturing

14%

Construction

13%

Retail

12%

Education

10%

Health care and social assistance

10%

Restaurants and hotels

Agriculture and mining

Transportation, warehousing and utilities

Wholesale

Professional and technical services

Admin, support and management

Information

Finance, insurance and real estate

0.4%

Other services

0.4%

Arts and recreation

Median earnings per worker

$53,611

U.S. $49,666

Self-employed

11.8%

U.S. 10%

Government workers

18.3%

U.S. 14.5%

Nonprofit workers

13.9%

U.S. 8.8%

Median earnings by type of work

Type of work	47989	U.S.
Management, business, science and arts	$55,694	$74,888
Service	$14,750	$26,804
Sales and office	$41,023	$40,476
Construction and maintenance	$56,262	$49,199
Production and transportation	$50,000	$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma

High school

51%

Some college

20%

Associate's

Bachelor's

14%

Graduate

High school graduate or higher: 95.8%
Bachelor's degree or higher: 16.7%
Graduate or professional degree: 2.7%
Households with broadband: 90.2%
Cable, fiber or DSL: 44.1%
No internet access: 9.3%
Without health insurance: 20.8%
Limited-English households: 1.8%

Geography

City (USPS): Waveland
State: Indiana
County: Montgomery County
Center point: 39.8903° N, 87.0490° W
Land area: 40 sq mi
Water area: 0.5 sq mi
Time zone: Eastern Time (UTC-5, UTC-4 in summer)
Zip type: Residential delivery area

47989 spans 3 counties

Montgomery County65% of land
Parke County33% of land
Putnam County2% of land

Zip codes near 47989

Search by radius

Zip	City	Distance	Population	IncomeMedian income	Home value
47916	Alamo, IN	6.4 mi	45	—	—
47859	Marshall, IN	6.6 mi	934	$74,583	$140,600
46175	Russellville, IN	6.8 mi	489	$74,125	—
47965	New Market, IN	8.2 mi	490	$76,607	$148,200
47988	Wallace, IN · PO box	8.5 mi	—	—	—
47832	Bloomingdale, IN	11 mi	1,013	$78,125	$146,400
47872	Rockville, IN	12 mi	8,557	$70,781	$161,500
47990	Waynetown, IN	12 mi	1,374	$63,198	$119,600
47830	Bellmore, IN · PO box	12 mi	—	—	—
47954	Ladoga, IN	12 mi	2,224	$81,364	$188,200
47949	Hillsboro, IN	13 mi	1,555	$76,429	$118,800
47933	Crawfordsville, IN	13 mi	28,357	$68,130	$180,900

Zip codes like 47989 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 47989

What city is zip code 47989?

47989 is assigned to Waveland, Indiana. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 47989 in?

47989 is mostly in Montgomery County, but it extends into 2 other counties.

What is the population of 47989?

About 1,274 people live in 47989, according to the Census Bureau's American Community Survey.

What time zone is 47989 in?

47989 is in Eastern Time.

What is the median household income in 47989?

The median household income in 47989 is $104,048.

What zip codes are near 47989?

The closest zip codes to 47989 are 47916, 47859, 46175, 47965, 47988.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 47989, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.