| ZIP Code | 47162 |
|---|---|
| City | New Washington |
| State | Indiana (IN) |
| County | Clark County |
| Area Code | 812/930 |
| Elevation | 732 ft |
| Latitude | 38.548787 |
|---|---|
| Longitude | -85.491397 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18019 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.5 yrs ↓ 18% since 2019 |
|---|---|
| Avg Household Size | 2.51 |
| Below Poverty | 5.0% ▼ 50% below avg |
| College Grads | 24.2% ▼ 38% below avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 197 (62.7%) |
| Some College | 41 (13.1%) |
| Graduate Degree | 76 (24.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $73,839 ≈ Avg ↑ 71% since 2019 |
|---|---|
| Median Home Value | $161,700 ▼ 42% below avg ↑ 40% since 2019 |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Total Units | 238 |
| Vacant Units | 38 |
| Avg HH Size | 2.51 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 238 |
|---|---|
| Vacant | 38 |
| Owner Occupied | 74.5% |
| Renter Occupied | 25.5% |
| Avg HH Size | 2.51 |
ZIP code 47162 is located in New Washington, Indiana, within Clark County. With a population of 501, this is a sparsely populated ZIP code with a relatively young community — the median age is 37.5 years. Economically, 47162 is a solidly middle-class ZIP code: the median household income of $73,839 is near the national average.
Real estate in ZIP code 47162 represents an affordable housing market. The median home value of $161,700 is below the national average. Homeownership is strong here — 74.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 47162 is primarily White (97.80%). Residents are less-educated — 24.2% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 5.0%. Household income has grown by 71% since 2019.
As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 47162 in New Washington, IN is characterized as solidly middle-class, less-educated, a relatively young community, and predominantly owner-occupied. With 501 residents, a median household income of $73,839, and a median home value of $161,700, it offers a clear picture of life in this part of Indiana.