ZIP Code 47965

standard

Source:

New Market · Montgomery County · Indiana

Population
646

610/sq mi

Median income
$76,607

▲ 0% vs US

higher than 57% of US ZIPs

Median home value
$148,200

▼ 47% vs US

higher than 25% of US ZIPs

Bachelor's or higher
12.3%

Median age 45.2

Land area
1.1 sq mi

Indiana/Indianapolis

ZIP code 47965 in New Market, Indiana has a population of 646. The median household income is $76,607, which is 0% above the national average. Median home value is $148,200, 47% below the US average. 12.3% of residents hold a bachelor's degree or higher.

ZIP code 47965 is classified by USPS as a standard delivery area and covers roughly 1.1 square miles in New Market, Montgomery County, Indiana. The area is home to 646 residents, producing a population density of 610 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 47965 against Indiana and the nation.

On the economic side, the median household income for ZIP 47965 sits at $76,607 (4% above the Indiana average), while per-capita income is $40,188. The poverty rate stands at 1.8% and the unemployment rate at 1.1%. On housing, the median home value is $148,200 (23% below the state average) with median rent at $931 per month, and 82.8% of occupied units are owner-occupied, a direct signal of whether 47965 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 12.3% of adults hold a bachelor's degree or higher, the median age is 45.2, and the average commute is . We also surface 7 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Montgomery County, so you can benchmark 47965 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 →

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 47965, New Market, 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

646

Population

1.1

Area (sq mi)

610

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 47965?

45.2

Median Age

47.1%

Male

52.9%

Female

0.2%

Foreign-Born

White 98.4%
African American 0.0%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 1.6%
Hispanic or Latino 1.8%

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?

$76,607

Median Household Income

+4% vs state

$40,188

Per Capita Income

1.8%

Poverty Rate

1.1%

Unemployment Rate

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

What is the education profile here?

High School Graduate or Higher 58.9%
Bachelor's Degree or Higher 12.3%

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

What does housing look like?

251

Total Housing Units

238

Occupied Units

13

Vacant Units

2.06

Avg Household Size

Occupancy Type

Owner 82.8%
Renter 17.2%

$148,200

Median Home Value

-23% vs state

$931

Median Rent

1956

Median Year Built

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

What businesses operate in this ZIP?

Census Bureau data shows 11 business establishments in ZIP 47965, employing approximately 42 people with a combined annual payroll of $1,555,000.

11

Businesses

42

Employees

$1.6M

Annual Payroll

1

Industry Sectors

Industry Establishments % of Total
Other services (except public administration) 6 54.5%

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 47965 vs 47933 →

ZIP Code City Population Distance
47933 Crawfordsville, IN 27,937 6.0 mi
47954 Ladoga, IN 2,220 6.7 mi
47916 Alamo, IN 64 7.4 mi
46175 Russellville, IN 597 9.6 mi
47989 Waveland, IN 1,281 8.4 mi
46172 Roachdale, IN 2,427 10.4 mi
47990 Waynetown, IN 1,627 10.3 mi

More ZIP Codes in Montgomery County

Frequently Asked Questions

What county is ZIP code 47965 in?
ZIP code 47965 (New Market) is located in Montgomery County, Indiana. Montgomery County contains multiple ZIP codes, see the full list at /counties/montgomery-in.
What is the population of ZIP code 47965?
ZIP code 47965 in New Market, IN has a population of 646 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 47965?
The median household income in ZIP 47965 is $76,607, which is 0% above the national average of $76,288.
What is the average home value in ZIP 47965?
The median home value in ZIP 47965 is $148,200, which is 47% below the national average of $278,155.
What is the demographic makeup of ZIP 47965?
The largest racial group in ZIP 47965 is White at 98.4%. Hispanic or Latino residents make up 1.8% of the population.
How many businesses are in ZIP code 47965?
ZIP code 47965 has 11 business establishments employing approximately 42 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 47965?
In ZIP code 47965, 58.9% of residents aged 25+ have a high school diploma or higher, and 12.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 47965?
In ZIP code 47965, approximately 82.8% of occupied housing units are owner-occupied and 17.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 47965?
The poverty rate in ZIP code 47965 is 1.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for New Market, 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.