| ZIP Code | 47150 |
|---|---|
| City | New Albany |
| State | Indiana (IN) |
| County | Floyd County |
| Area Code | 812/930 |
| Elevation | 628 ft |
| Latitude | 38.283804 |
|---|---|
| Longitude | -85.847721 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18043 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.1 yrs |
|---|---|
| Avg Household Size | 2.37 |
| Below Poverty | 14.5% ▲ 45% above avg |
| College Grads | 37.2% ≈ Avg |
| Unemployment | 4.3% ▼ 12% below avg |
| No HS Diploma | 529 (1.6%) |
| HS Graduate | 10,340 (31.8%) |
| Some College | 4,990 (15.3%) |
| Associates | 4,577 (14.1%) |
| Bachelors | 3,171 (9.8%) |
| Graduate Degree | 8,910 (27.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,212 ▼ 18% below avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $191,800 ▼ 31% below avg ↑ 37% since 2019 |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $984/mo ↑ 24% since 2019 |
| Total Units | 22,834 |
| Vacant Units | 2,466 |
| Avg HH Size | 2.37 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 22,834 |
|---|---|
| Vacant | 2,466 |
| Owner Occupied | 62.5% |
| Renter Occupied | 37.5% |
| Avg HH Size | 2.37 |
ZIP code 47150 is located in New Albany, Indiana, within Floyd County. With a population of 49,606, this is a highly populated ZIP code with a middle-aged community — the median age is 39.1 years. Economically, 47150 is a solidly middle-class ZIP code: the median household income of $62,212 is below the national average.
Real estate in ZIP code 47150 represents an affordable housing market. The median home value of $191,800 is below the national average. Renters can expect to pay around $984 per month in median rent. Homeownership is strong here — 62.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 37% since 2019.
The population of 47150 is primarily White (81.76%). Residents are moderately educated — 37.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 14.5%. Household income has grown by 16% since 2019.
The unemployment rate in 47150 stands at 4.3%, which is near the national average. About 11% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 77%.
Overall, ZIP code 47150 in New Albany, IN is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 49,606 residents, a median household income of $62,212, and a median home value of $191,800, it offers a clear picture of life in this part of Indiana.