New Market, IN · standard
ZIP Code 47965
Montgomery County, Indiana - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 646
- 610/sq mi High-density area
- $76,607
- Median income Near-median income area
- $148,200
- Median home value Below-median home value
- 12.3%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
New Market pairs an above-median household income with below-median home values, in a low-density, homeowner-dominated area.
- Top 43%
- household income, US ZIPs
- 25th pct
- home value, US ZIPs
- 610
- people per sq mi
- 83%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 47965 against every reporting US ZIP.
ZIP code 47965 is a sparsely populated ZIP (a standard USPS delivery area) in New Market, Montgomery County, Indiana, home to just 646 residents across 1.1 square miles, a density of 610 people per square mile, in the Indiana/Indianapolis time zone.
ZIP 47965 lands in the middle-income range, with a median household income of $76,607 (4% above the average Indiana ZIP), while per-capita income is $40,188. Both reported hardship measures are comparatively low in absolute terms: poverty is 1.8% and unemployment is 1.1%. Home values sit below the statewide ZIP benchmark: the median is $148,200 (23% below the average Indiana ZIP), and median rent is $931; owner occupancy is 82.8%.
Formal educational attainment runs low here: just 12.3% of adults hold a bachelor's degree or higher, the median age is 45.2, and the average commute is -. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in Montgomery County, so 47965 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 →
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 47965, New Market, 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
646
Population
1.1
Area (sq mi)
610
People / sq mi
Indiana/Indianapolis
Time Zone
standard
ZIP Type
Who lives in ZIP 47965?
45.2
Median Age
47.1%
Male
52.9%
Female
0.2%
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?
$76,607
Median Household Income
+4% vs state ZIP avg
$40,188
Per Capita Income
1.8%
Poverty Rate
1.1%
Unemployment Rate
How ZIP 47965 ranks among Indiana ZIPs
New Market, IN household income vs. every Indiana ZIP code
Median household income among 721 reporting Indiana ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$76,607 Top 37% higher than 63% of 721 Indiana ZIPs
Each bar is a $20K-wide band; taller bars hold more Indiana 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
251housing units
251
Total Housing Units
238
Occupied Units
13
Vacant Units
2.06
Avg Household Size
Occupancy Type
$148,200
Median Home Value
-23% vs state ZIP avg
$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 47965 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47933
Crawfordsville (47933)
27,937 residents
- 46172 2,427
Roachdale (46172)
2,427 residents
- 47954 2,220
Ladoga (47954)
2,220 residents
- 47990 1,627
Waynetown (47990)
1,627 residents
- 47989 1,281
Waveland (47989)
1,281 residents
- 47965 646
New Market (47965)
646 residents
- 46175 597
Russellville (46175)
597 residents
- 47916 64
Alamo (47916)
64 residents
What this shows Among its immediate neighbors, ZIP 47965 ranks #6 by population - useful context the national average alone can't give.
ZIP 47965 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 47989
Waveland (47989)
$104,048 median income
- 46172
Roachdale (46172)
$85,912 median income
- 47954
Ladoga (47954)
$81,364 median income
- 47965
New Market (47965)
$76,607 median income
- 46175
Russellville (46175)
$74,125 median income
- 47933
Crawfordsville (47933)
$68,130 median income
- 47990
Waynetown (47990)
$63,198 median income
What this shows By household income, ZIP 47965 ranks #4 of 7 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 47965, both outside IN so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Montgomery County
Related Areas
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.
Related
Take this with you
What to do with ZIP 47965's numbers, next.
- See how ZIP 47965 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where New Market, IN ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.