ZIP 47362 vs ZIP 47361

Source:

New Castle, IN — Mount Summit, IN

This side-by-side compares ZIP 47362 (New Castle, IN) and ZIP 47361 (Mount Summit, IN) using the same Census ACS 5-Year table fields for both — no averages swapped in, no national proxies. ZIP 47362 has a population of 30,243 at 80 people per square mile, while ZIP 47361 has 135 at 1,127 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 47362 reports a median household income of $60,258 against $53,333 in ZIP 47361, with per-capita income of $29,719 vs $26,851. The share of adults holding a bachelor's degree or higher is 14.8% in 47362 and 29.1% in 47361. Poverty rate reads 15.1% vs 5.9%, and unemployment 4.2% vs 0.0% — 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 $146,800 in 47362 versus $154,500 in 47361, with median rent of $786 and $929 per month respectively. Homeownership rate is 72.4% vs 73.5%. 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
47362
New Castle, IN
47361
Mount Summit, IN
Population 30,243 135
Median Household Income $60,258 $53,333
Per Capita Income $29,719 $26,851
Median Age 42.3 48.4
Bachelor's Degree or Higher 14.8% 29.1%
Poverty Rate 15.1% 5.9%
Unemployment Rate 4.2% 0.0%
Median Home Value $146,800 $154,500
Median Rent (monthly) $786 $929
Homeownership Rate 72.4% 73.5%
Population Density (per sq mi) 80 1,127

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

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47362
New Castle, IN
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47361
Mount Summit, IN
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What are common questions about this comparison?

How do ZIP codes 47362 and 47361 compare?
ZIP 47362 (New Castle, IN) has a population of 30,243 and a median household income of $60,258. ZIP 47361 (Mount Summit, IN) has a population of 135 and a median household income of $53,333.
Which ZIP code has higher income, 47362 or 47361?
ZIP 47362 (New Castle, IN) has a higher median household income of $60,258 compared to $53,333 for ZIP 47361.
How do I compare two ZIP codes on PlainZIP?
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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.