PlainZIP

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
$76,607
Median income
$148,200
Median home value
12.3%
Bachelor's or higher

The verdict

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 Indiana average), while per-capita income is $40,188. Poverty here runs at 1.8%, with unemployment measured 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.

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 -. A geography-based comparison follows: 7 ZIP codes within about 10 miles of 47965, plus 6 more within Montgomery County, give a clearer read than the national average alone.

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

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

How ZIP 47965 ranks nationally

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

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

$76,607 Top 43% higher than 57% 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 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 47965 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 47965 ranks #6 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 47965 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 47965 ranks #4 of 7 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
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

47933 standard
Crawfordsville, IN
Pop: 27,937
47954 standard
Ladoga, IN
Pop: 2,220
47990 standard
Waynetown, IN
Pop: 1,627
47940 standard
Darlington, IN
Pop: 1,433
47989 standard
Waveland, IN
Pop: 1,281
47955 standard
Linden, IN
Pop: 1,088

Related Areas

Montgomery County New Market, IN Indiana

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.

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