ZIP 47240 vs ZIP 47263

Source:

Greensburg, IN — New Point, IN

This side-by-side compares ZIP 47240 (Greensburg, IN) and ZIP 47263 (New Point, IN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 47240 has a population of 20,832 at 27 people per square mile, while ZIP 47263 has 236 at 729 per square mile. That difference in population size and density alone reshapes how every other metric should be interpreted — a higher-income ZIP with 1,200 residents behaves very differently from one with 45,000.

On income and education, ZIP 47240 reports a median household income of $69,985 against $68,750 in ZIP 47263, with per-capita income of $37,207 vs $27,318. The share of adults holding a bachelor's degree or higher is 19.6% in 47240 and 4.8% in 47263. Poverty rate reads 9.5% vs 13.0%, and unemployment 2.0% vs 4.2% — these four fields alone drive most of the difference in the scorecard grades you will see for each ZIP.

Housing separates these two ZIPs further: median home value sits at $209,200 in 47240 versus $116,700 in 47263, with median rent of $871 and $1,234 per month respectively. Homeownership rate is 74.0% vs 55.8%. When reading the comparison table below, focus on paired metrics rather than single winners — a ZIP with lower home values and lower income is not strictly "worse" if rent-to-income ratios and commute times land in the same zone. Every value is pulled from the exact same ACS table so the two columns are genuinely comparable.

Compare different ZIP codes:

vs
Metric
47240
Greensburg, IN
47263
New Point, IN
Population 20,832 236
Median Household Income $69,985 $68,750
Per Capita Income $37,207 $27,318
Median Age 39.8 30.8
Bachelor's Degree or Higher 19.6% 4.8%
Poverty Rate 9.5% 13.0%
Unemployment Rate 2.0% 4.2%
Median Home Value $209,200 $116,700
Median Rent (monthly) $871 $1,234
Homeownership Rate 74.0% 55.8%
Population Density (per sq mi) 27 729

Values highlighted in green indicate the better metric where applicable. Source: U.S. Census Bureau ACS 2023.

Full Profile
47240
Greensburg, IN
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47263
New Point, IN
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What are common questions about this comparison?

How do ZIP codes 47240 and 47263 compare?
ZIP 47240 (Greensburg, IN) has a population of 20,832 and a median household income of $69,985. ZIP 47263 (New Point, IN) has a population of 236 and a median household income of $68,750.
Which ZIP code has higher income, 47240 or 47263?
ZIP 47240 (Greensburg, IN) has a higher median household income of $69,985 compared to $68,750 for ZIP 47263.
How do I compare two ZIP codes on PlainZIP?
Visit plainzip.com/compare, enter two 5-digit U.S. ZIP codes, and click Compare. You can also navigate directly to /compare/XXXXX-vs-YYYYY to share a specific comparison.

All data sourced from the U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2023).

PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.

Data sourced from official U.S. Census ACS and HUD-USPS ZIP crosswalk data. See our methodology for details. Retrieved and formatted by PlainZIP Editorial.