PlainZIP

New Castle, IN · standard

ZIP Code 47362

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

30,243
80/sq mi
$60,258
Median income
$146,800
Median home value
14.8%
Bachelor's or higher

The verdict

New Castle pairs a below-median household income with among the most affordable home values nationally, in a rural, homeowner-dominated area.

29th pct
household income, US ZIPs
24th pct
home value, US ZIPs
80
people per sq mi
72%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47362 against every reporting US ZIP.

ZIP code 47362 is a densely settled ZIP (a standard USPS delivery area) in New Castle, Henry County, Indiana, with 30,243 residents across 379.5 square miles, a density of 80 people per square mile, in the Indiana/Indianapolis time zone.

ZIP 47362 reports a modest median household income of $60,258 (18% below the Indiana average), while per-capita income is $29,719. The poverty rate stands at 15.1% and the unemployment rate at 4.2%. Housing costs here run $146,800 for a typical home value (24% below the state average), with rent averaging $786 a month; 72.4% of homes are owner-occupied.

Formal educational attainment runs low here: just 14.8% of adults hold a bachelor's degree or higher, the median age is 42.3, and the average commute is 23 minutes. To put 47362 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Henry County, for a geography-aware comparison.

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 47362

Top 5 sectors by establishment count in New Castle, IN

Which industries have the most business establishments in ZIP 47362.

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 47362, New Castle, 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

30,243

Population

379.5

Area (sq mi)

80

People / sq mi

Indiana/Indianapolis

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 47362?

42.3

Median Age

53.6%

Male

46.4%

Female

1.4%

Foreign-Born

White 90.9%
African American 3.4%
Asian 0.6%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.9%
Hispanic or Latino 2.1%

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?

$60,258

Median Household Income

-18% vs state

$29,719

Per Capita Income

15.1%

Poverty Rate

4.2%

Unemployment Rate

22.5 min

Mean Commute Time

How ZIP 47362 ranks nationally

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

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

$60,258 29th percentile higher than 29% 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 57.3%
Bachelor's Degree or Higher 14.8%

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

What does housing look like?

12,348

Total Housing Units

10,763

Occupied Units

1,585

Vacant Units

2.44

Avg Household Size

Occupancy Type

Owner 72.4%
Renter 27.6%

$146,800

Median Home Value

-24% vs state

$786

Median Rent

1961

Median Year Built

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

How have home values changed over time?

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

+6.9%

YoY Change (2024)

183

HPI Index (2000 = 100)

+83%

Total Change Since 2000

Home values in ZIP 47362 have increased 6.9% over the past year (2024). Since 2000, this ZIP has seen +83% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.2% 118
2021 +10.5% 130
2022 +12.5% 146
2023 +16.7% 171
2024 +6.9% 183

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 516 business establishments in ZIP 47362, employing approximately 7,735 people with a combined annual payroll of $334,286,000.

516

Businesses

7,735

Employees

$334.3M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 84 16.3%
Health care and social assistance 82 15.9%
Other services (except public administration) 67 13.0%
Construction 49 9.5%
Accommodation and food services 49 9.5%
Finance and insurance 31 6.0%
Manufacturing 25 4.8%
Professional, scientific, and technical services 25 4.8%
Real estate and rental and leasing 23 4.5%
Administrative and support and waste management and remediation services 21 4.1%
Wholesale trade 14 2.7%
Transportation and warehousing 14 2.7%
Information 10 1.9%
Arts, entertainment, and recreation 10 1.9%
Utilities 4 0.8%
Educational services 4 0.8%

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 47362 vs 47361 →

ZIP 47362 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 47362 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 47362 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 47362 ranks #7 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
47361 Mount Summit, IN 135 5.2 mi
47386 Springport, IN 1,231 8.5 mi
47352 Lewisville, IN 965 9.2 mi
47344 Greensboro, IN 140 6.2 mi
47388 Sulphur Springs, IN 384 6.5 mi
47387 Straughn, IN 726 7.7 mi
47385 Spiceland, IN 1,612 7.9 mi
47360 Mooreland, IN 1,546 8.1 mi
47337 Dunreith, IN 203 9.5 mi
47356 Middletown, IN 5,781 9.9 mi

More ZIP Codes in Henry County

47356 standard
Middletown, IN
Pop: 5,781
46148 standard
Knightstown, IN
Pop: 5,097
47384 standard
Shirley, IN
Pop: 2,000
47385 standard
Spiceland, IN
Pop: 1,612
47360 standard
Mooreland, IN
Pop: 1,546
47386 standard
Springport, IN
Pop: 1,231

Related Areas

Henry County New Castle, IN Indiana

Frequently Asked Questions

What county is ZIP code 47362 in? ▼
ZIP code 47362 (New Castle) is located in Henry County, Indiana. Henry County contains multiple ZIP codes, see the full list at /counties/henry-in.
What is the population of ZIP code 47362? ▼
ZIP code 47362 in New Castle, IN has a population of 30,243 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47362? ▼
The median household income in ZIP 47362 is $60,258, which is 21% below the national average of $76,288.
What is the average home value in ZIP 47362? ▼
The median home value in ZIP 47362 is $146,800, which is 47% below the national average of $278,155.
What is the demographic makeup of ZIP 47362? ▼
The largest racial group in ZIP 47362 is White at 90.9%. Hispanic or Latino residents make up 2.1% of the population.
How many businesses are in ZIP code 47362? ▼
ZIP code 47362 has 516 business establishments employing approximately 7,735 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 47362? ▼
The top industries by establishment count in ZIP 47362 are: Retail trade (84), Health care and social assistance (82), Other services (except public administration) (67). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 47362? ▼
According to the FHFA House Price Index, home values in ZIP 47362 increased by 6.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 83%. 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 47362? ▼
In ZIP code 47362, 57.3% of residents aged 25+ have a high school diploma or higher, and 14.8% 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 47362? ▼
The mean commute time for workers in ZIP code 47362 is 22.5 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 47362? ▼
In ZIP code 47362, approximately 72.4% of occupied housing units are owner-occupied and 27.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47362? ▼
The poverty rate in ZIP code 47362 is 15.1% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.