| ZIP Code | 47263 |
|---|---|
| City | New Point |
| State | Indiana (IN) |
| County | Decatur County |
| Area Code | 812/930 |
| Elevation | 986 ft |
| Latitude | 39.308848 |
|---|---|
| Longitude | -85.328478 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18031 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.1 yrs |
|---|---|
| Avg Household Size | 2.69 |
| Below Poverty | 8.1% ▼ 19% below avg |
| College Grads | 11.3% ▼ 71% below avg |
| Unemployment | 2.2% ▼ 55% below avg |
| No HS Diploma | 9 (8.5%) |
| HS Graduate | 48 (45.3%) |
| Some College | 17 (16%) |
| Associates | 20 (18.9%) |
| Bachelors | 2 (1.9%) |
| Graduate Degree | 10 (9.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,417 ≈ Avg ↑ 64% since 2019 |
|---|---|
| Median Home Value | $122,700 ▼ 56% below avg ↑ 26% since 2019 |
| Home/Income Ratio | 1.6x (nat avg ~3.5x) |
| Median Rent | $1,167/mo ↑ 53% since 2019 |
| Total Units | 107 |
| Vacant Units | 43 |
| Avg HH Size | 2.69 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 107 |
|---|---|
| Vacant | 43 |
| Owner Occupied | 68.8% |
| Renter Occupied | 31.3% |
| Avg HH Size | 2.69 |
ZIP code 47263 is located in New Point, Indiana, within Decatur County. With a population of 172, this is a sparsely populated ZIP code with a middle-aged community — the median age is 42.1 years. Economically, 47263 is a middle-income ZIP code: the median household income of $75,417 is near the national average.
Real estate in ZIP code 47263 represents one of the more affordable housing markets in the country. The median home value of $122,700 is well below the national average. Renters can expect to pay around $1,167 per month in median rent. Homeownership is strong here — 68.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 26% since 2019.
The population of 47263 is primarily White (83.14%). Residents are less-educated — 11.3% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a relatively small share of residents at 8.1%. Household income has grown by 64% since 2019.
The unemployment rate in 47263 stands at 2.2%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 88%.
Overall, ZIP code 47263 in New Point, IN is characterized as middle-income, less-educated, a middle-aged community, and predominantly owner-occupied. With 172 residents, a median household income of $75,417, and a median home value of $122,700, it offers a clear picture of life in this part of Indiana.