ZIP 47905 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Lafayette city, IN (47905)

Median Income

$63,115

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,936

Wealth inflow

Population

42,109

Unemployment

2.3%

1.4pp below US avg

IRS migration statistics show a net inflow of about 1,936 for ZIP 47905 (Lafayette city, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

2.3%-38% vs US avg

Self-Employed

1.9%-69% vs US avg

SNAP Benefits

8.2%-30% vs US avg

1,401

Establishments

38,602

Employees

~28 per establishment — mix of small and larger employers

Manufacturing

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.9%
Construction6.5%
Manufacturing25.5%
Wholesale trade1.8%
Retail trade8.6%
Transportation, utilities3.2%
Information1.2%
Finance, insurance, real estate4.0%
Professional, scientific, management8.1%
Education, health care, social27.9%
Arts, entertainment, food services6.4%
Other services3.6%
Public administration2.3%

Household Income

Historical Trends in 47905 (2020–Present)

Since 2020, population declined 1.9%, median income fell 6.8% (inflation-adjusted), home values increased 12.4%.

Median Income

$63,115

-16% vs US avg

Unemployment Rate