47162 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 47162 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateIndiana
CityNew Washington
Time ZoneAmerica/Kentucky/Louisville
Geo Location38.55393, -85.47192
Population585
Size58.897 square miles
Median Family Income$68472.00
Median Home Value$124200.00

Population & Demographics

The following information lists the population statistics and breakdown for the 47162 zip code. The total population is 585, of which, 276 are male and 309 are female. With a total area of 58.897 square miles, the population density is 13.6 people per square mile. The median age of the population is 35.4 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
2011796
2012836
2013680
2014672
2015668
2016668
2017731
2018673
2019801
2020757
2021585

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 9115.6%
Age 5-96611.3%
Age 10-14172.9%
Age 15-1981.4%
Age 20-246410.9
Age 25-29437.4%
Age 30-3400%
Age 35-39101.7%
Age 40-4460 10.3%
Age 45-49193.2%
Age 50-54335.6%
Age 55-597813.3%
Age 60-64101.7%
Age 65-69183.1%
Age 70-74447.5%
Age 75-79244.1%
Age 80-8400%
Age 85 and over00%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 0 %
  • Speaks Spanish: 0 %
  • Speaks Other Indo-European Language: 0 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 60.1 %
  • Divorced: 8.8 %
  • Separated (not divorced): 0 %
  • Never Married: 25.8 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 47162 zip code is $68472. This is -32.85% less than the national average. This income places 1.7% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $19565. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.000
$10,000.00 – $14,999.000
$15,000.00 – $24,999.000
$25,000.00 – $34,999.0014
$35,000.00 – $49,999.0059
$50,000.00 – $74,999.0017
$75,000.00 – $99,999.0038
$100,000.00 – $149,999.009
$150,000.00 – $199,999,0016
$200,000.00 +0

YearMedian Family Income ($ USD)
201158077
201256250
201345833
201446094
201551989
201651935
201774688
201876638
201965417
202061591
202168472

Income Source# of Households
Wage or Salary156
Self Employment15
Social Security52
Dividends, Interest, or Rental61
Retirement49
Other34

Total Insured & Uninsured Individuals: 
  • Families Insure: 565
  • Families Uninsured: 20
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 49
  • No retirement income: 153

Education

In the 47162 zip code, 97.6% of individuals over 25 years old have a high school degree or higher, and 13.3% have a bachelors degree or higher. Additionally, 0% of individuals 3 years and older are in private school, and 100% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 47162 zip, there are an estimated 243 people in the labor force, of which, 243 are employed, and 0 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 33.2 minutes. Of the total people that work, 16 worked from home and 235 commuted. The average number of hours worked is 42.5. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts95
Services46
Sales and Office28
Construction and Maintenance:26
Transportation and Material Moving48





Housing

The median home value for the 47162 zip code is 124200. There is an estimated  202 number of occupied housing units, the median gross rent in is $0 per month, and the average monthly housing costs are estimated to be $771. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00013
$50,000 – $99,00034
$100,000 – $149,99940
$150,000 – $199,99929
$200,000 – $299,9997
$300,000 – $499,99923
$500,000 – $999,9996
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 20194
2000 – 200932
1980 – 199982
1960 – 197919
1940 – 195951
1939 or earlier14

The median number of rooms in all housing units is 5.5 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5000
$500 – $99926
$1,000 – $1,4990
$1,500 – $1,9990
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 3008
300-49953
500-79943
800-99926
1000-149922
1500-19999
2000-249917
2500-29990
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%34
20%-24.9%10
25%-29.9%0
30%-34.9%16
35+%8



# of VehiclesHouseholds
None0
138
234
3+130
Home Heating Characteristics: 
  • Utility Gas: 0 %
  • Bottle Tank or LP Gas: 28.2 %
  • Electricity: 51.5 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 20.3 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.