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 Moderate-density area
- $60,258
- Median income Below-median income area
- $146,800
- Median home value Below-median home value
- 14.8%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 47362 (New Castle, IN) rose +6.9% from 2023 to 2024. The all-transactions index moved from 170.8 in 2023 to 182.5 in 2024 (2000 = 100).
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 average Indiana ZIP), while per-capita income is $29,719. The poverty rate is 15.1%, with unemployment at 4.2%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $146,800 (24% below the average Indiana ZIP), and median rent is $786; owner occupancy is 72.4%.
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. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Henry County, so 47362 can be compared with both its immediate and county-level context.
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.
- Retail trade
Retail trade
84 establishments
- Health care and social assistance
Health care and social assistance
82 establishments
- Other services (except public administration)
Other services (except public administration)
67 establishments
- Construction
Construction
49 establishments
- Accommodation and food services
Accommodation and food services
49 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, 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
Who lives in ZIP 47362?
42.3
Median Age
53.6%
Male
46.4%
Female
1.4%
Foreign-Born
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 ZIP avg
$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
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
12,348housing units
12,348
Total Housing Units
10,763
Occupied Units
1,585
Vacant Units
2.44
Avg Household Size
Occupancy Type
$146,800
Median Home Value
-24% vs state ZIP avg
$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.
- 47362
New Castle (47362)
30,243 residents
- 47356 5,781
Middletown (47356)
5,781 residents
- 47385 1,612
Spiceland (47385)
1,612 residents
- 47360 1,546
Mooreland (47360)
1,546 residents
- 47386 1,231
Springport (47386)
1,231 residents
- 47352 965
Lewisville (47352)
965 residents
- 47387 726
Straughn (47387)
726 residents
- 47388 384
Sulphur Springs (47388)
384 residents
- 47337 203
Dunreith (47337)
203 residents
What this shows Among its immediate neighbors, ZIP 47362 ranks the most populous - useful context the national average alone can't give.
ZIP 47362 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47385
Spiceland (47385)
$103,406 median income
- 47387
Straughn (47387)
$86,818 median income
- 47386
Springport (47386)
$79,157 median income
- 47360
Mooreland (47360)
$76,250 median income
- 47356
Middletown (47356)
$67,049 median income
- 47352
Lewisville (47352)
$66,250 median income
- 47362
New Castle (47362)
$60,258 median income
- 47337
Dunreith (47337)
$57,250 median income
- 47361
Mount Summit (47361)
$53,333 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.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 47362, both outside IN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (30,243 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Henry County
Related Areas
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.
Related
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What to do with ZIP 47362's numbers, next.
- See how ZIP 47362 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where New Castle, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.