ZIP Code 47362
standardSource:
New Castle · Henry County · Indiana
- Population
- 30,243
- Median income
- $60,258
- Median home value
- $146,800
- Bachelor's or higher
- 14.8%
- Land area
- 379.5 sq mi
80/sq mi
▼ 21% vs US
higher than 29% of US ZIPs
▼ 47% vs US
higher than 24% of US ZIPs
Median age 42.3
Indiana/Indianapolis
ZIP code 47362 in New Castle, Indiana has a population of 30,243. The median household income is $60,258, which is 21% below the national average. Median home value is $146,800, 47% below the US average. 14.8% of residents hold a bachelor's degree or higher.
ZIP code 47362 is classified by USPS as a standard delivery area and covers roughly 379.5 square miles in New Castle, Henry County, Indiana. The area is home to 30,243 residents, producing a population density of 80 people per square mile, and falls within the Indiana/Indianapolis time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 47362 against Indiana and the nation.
On the economic side, the median household income for ZIP 47362 sits at $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%. On housing, the median home value is $146,800 (24% below the state average) with median rent at $786 per month, and 72.4% of occupied units are owner-occupied, a direct signal of whether 47362 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 14.8% of adults hold a bachelor's degree or higher, the median age is 42.3, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Henry County, so you can benchmark 47362 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 47362
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$29,719
Per Capita Income
15.1%
Poverty Rate
4.2%
Unemployment Rate
22.5 min
Mean Commute Time
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?
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
$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 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
Related Areas
Frequently Asked Questions
What county is ZIP code 47362 in? ▼
What is the population of ZIP code 47362? ▼
What is the median household income in ZIP 47362? ▼
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What is the demographic makeup of ZIP 47362? ▼
How many businesses are in ZIP code 47362? ▼
What are the main industries in ZIP code 47362? ▼
How have home values changed in ZIP code 47362? ▼
What is the education level in ZIP code 47362? ▼
What is the average commute time in ZIP 47362? ▼
What percentage of residents own vs. rent in ZIP 47362? ▼
What is the poverty rate in ZIP code 47362? ▼
ZIP Code Research Guides
Official Data Resources for New Castle, IN
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.