| ZIP Code | 47967 |
|---|---|
| City | New Richmond |
| State | Indiana (IN) |
| County | Montgomery County |
| Area Code | 765 |
| Elevation | 760 ft |
| Latitude | 40.194206 |
|---|---|
| Longitude | -86.998973 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18107 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.9 yrs ↓ 12% since 2019 |
|---|---|
| Avg Household Size | 2.70 |
| Below Poverty | 3.3% ▼ 67% below avg |
| College Grads | 27.7% ▼ 29% below avg |
| Unemployment | 8.8% ▲ 79% above avg |
| No HS Diploma | 1 (0.2%) |
| HS Graduate | 245 (46.4%) |
| Some College | 57 (10.8%) |
| Associates | 79 (15%) |
| Bachelors | 80 (15.2%) |
| Graduate Degree | 66 (12.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $80,139 ≈ Avg ↑ 75% since 2019 |
|---|---|
| Median Home Value | $119,600 ▼ 57% below avg ↑ 32% since 2019 |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $1,063/mo |
| Total Units | 329 |
| Vacant Units | 13 |
| Avg HH Size | 2.70 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 329 |
|---|---|
| Vacant | 13 |
| Owner Occupied | 95.9% |
| Renter Occupied | 4.1% |
| Avg HH Size | 2.70 |
ZIP code 47967 is located in New Richmond, Indiana, within Montgomery County. With a population of 853, this is a sparsely populated ZIP code with a middle-aged community — the median age is 40.9 years. Economically, 47967 is a middle-income ZIP code: the median household income of $80,139 is near the national average.
Real estate in ZIP code 47967 represents one of the more affordable housing markets in the country. The median home value of $119,600 is well below the national average. Renters can expect to pay around $1,063 per month in median rent. Homeownership is strong here — 95.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 32% since 2019.
The population of 47967 is primarily White (94.84%). Residents are moderately educated — 27.7% hold a bachelor's degree or higher, which is below the national average. Poverty affects a relatively small share of residents at 3.3%. Household income has grown by 75% since 2019.
The unemployment rate in 47967 stands at 8.8%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 82%.
Overall, ZIP code 47967 in New Richmond, IN is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 853 residents, a median household income of $80,139, and a median home value of $119,600, it offers a clear picture of life in this part of Indiana.