New Albany, IN · standard

ZIP Code 47150

Floyd County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

47,472
418/sq mi
$62,820
Median income
$207,000
Median home value
27.7%
Bachelor's or higher

The verdict

New Albany pairs a below-median household income with below-median home values, in a low-density, homeowner-dominated area.

34th pct
household income, US ZIPs
45th pct
home value, US ZIPs
418
people per sq mi
62%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47150 against every reporting US ZIP.

ZIP code 47150 is a densely settled ZIP (a standard USPS delivery area) in New Albany, Floyd County, Indiana, with 47,472 residents across 113.7 square miles, a density of 418 people per square mile, in the Kentucky/Louisville time zone.

ZIP 47150 reports a modest median household income of $62,820 (15% below the Indiana average), while per-capita income is $34,936. Local economic indicators show a 15.3% poverty rate alongside 4.8% unemployment. Median home value sits at $207,000 (7% above the state average), median rent at $1,036 a month, and owner-occupancy at 62.3%.

Educational attainment sits below the national norm: 27.7% of adults hold a bachelor's degree or higher, the median age is 40.1, and the average commute is 20 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 47150, plus 3 more within Floyd County, give a clearer read than the national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 47150

Top 5 sectors by establishment count in New Albany, IN

Which industries have the most business establishments in ZIP 47150.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 47150, New Albany, IN · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

47,472

Population

113.7

Area (sq mi)

418

People / sq mi

Kentucky/Louisville

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 47150?

40.1

Median Age

48.2%

Male

51.8%

Female

3.1%

Foreign-Born

White 82.2%
African American 7.2%
Asian 1.5%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 7.5%
Hispanic or Latino 4.8%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$62,820

Median Household Income

-15% vs state

$34,936

Per Capita Income

15.3%

Poverty Rate

4.8%

Unemployment Rate

20.2 min

Mean Commute Time

How ZIP 47150 ranks nationally

New Albany, IN household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$62,820 34th percentile higher than 34% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 61.1%
Bachelor's Degree or Higher 27.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

22,745

Total Housing Units

20,669

Occupied Units

2,076

Vacant Units

2.31

Avg Household Size

Occupancy Type

Owner 62.3%
Renter 37.7%

$207,000

Median Home Value

+7% vs state

$1,036

Median Rent

1970

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+5.4%

YoY Change (2024)

228

HPI Index (2000 = 100)

+128%

Total Change Since 2000

Home values in ZIP 47150 have increased 5.4% over the past year (2024). Since 2000, this ZIP has seen +128% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.1% 158
2021 +12.3% 178
2022 +11.9% 199
2023 +8.8% 216
2024 +5.4% 228

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 1,338 business establishments in ZIP 47150, employing approximately 25,494 people with a combined annual payroll of $1,303,234,000.

1,338

Businesses

25,494

Employees

$1.3B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 247 18.5%
Retail trade 159 11.9%
Other services (except public administration) 138 10.3%
Professional, scientific, and technical services 131 9.8%
Accommodation and food services 130 9.7%
Construction 102 7.6%
Finance and insurance 93 7.0%
Manufacturing 92 6.9%
Real estate and rental and leasing 71 5.3%
Administrative and support and waste management and remediation services 53 4.0%
Wholesale trade 48 3.6%
Transportation and warehousing 23 1.7%
Information 17 1.3%
Arts, entertainment, and recreation 13 1.0%
Educational services 10 0.8%
Management of companies and enterprises 6 0.5%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 47150 vs 40212 →

ZIP 47150 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 47150 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 47150 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 47150 ranks #3 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
40212 Louisville, KY 17,685 2.9 mi
40211 Louisville, KY 22,612 3.9 mi
47129 Clarksville, IN 19,527 4.6 mi
40216 Louisville, KY 40,746 7.0 mi
47119 Floyds Knobs, IN 10,911 5.8 mi
40210 Louisville, KY 14,822 5.1 mi
40203 Louisville, KY 19,694 5.3 mi
40202 Louisville, KY 6,772 5.5 mi
40208 Louisville, KY 13,227 6.5 mi
47122 Georgetown, IN 9,979 7.5 mi

More ZIP Codes in Floyd County

Frequently Asked Questions

What county is ZIP code 47150 in?
ZIP code 47150 (New Albany) is located in Floyd County, Indiana. Floyd County contains multiple ZIP codes, see the full list at /counties/floyd-in.
What is the population of ZIP code 47150?
ZIP code 47150 in New Albany, IN has a population of 47,472 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47150?
The median household income in ZIP 47150 is $62,820, which is 18% below the national average of $76,288.
What is the average home value in ZIP 47150?
The median home value in ZIP 47150 is $207,000, which is 26% below the national average of $278,155.
What is the demographic makeup of ZIP 47150?
The largest racial group in ZIP 47150 is White at 82.2%. Hispanic or Latino residents make up 4.8% of the population.
How many businesses are in ZIP code 47150?
ZIP code 47150 has 1,338 business establishments employing approximately 25,494 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47150?
The top industries by establishment count in ZIP 47150 are: Health care and social assistance (247), Retail trade (159), Other services (except public administration) (138). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 47150?
According to the FHFA House Price Index, home values in ZIP 47150 increased by 5.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 128%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 47150?
In ZIP code 47150, 61.1% of residents aged 25+ have a high school diploma or higher, and 27.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 47150?
The mean commute time for workers in ZIP code 47150 is 20.2 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 47150?
In ZIP code 47150, approximately 62.3% of occupied housing units are owner-occupied and 37.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47150?
The poverty rate in ZIP code 47150 is 15.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.