| ZIP Code | 47968 |
|---|---|
| City | New Ross |
| State | Indiana (IN) |
| County | Montgomery County |
| Area Code | 765 |
| Elevation | 869 ft |
| Latitude | 39.959518 |
|---|---|
| Longitude | -86.749957 |
| Timezone | Indiana/Indianapolis (DST) |
| FIPS | 18107 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.1 yrs ↓ 16% since 2019 |
|---|---|
| Avg Household Size | 2.74 |
| Below Poverty | 4.6% ▼ 54% below avg |
| College Grads | 36.6% ≈ Avg |
| Unemployment | 11.4% ▲ 134% above avg |
| No HS Diploma | 4 (0.5%) |
| HS Graduate | 352 (46.8%) |
| Some College | 26 (3.5%) |
| Associates | 95 (12.6%) |
| Bachelors | 100 (13.3%) |
| Graduate Degree | 175 (23.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $74,583 ≈ Avg ↑ 4% since 2019 |
|---|---|
| Median Home Value | $205,800 ▼ 26% below avg ↑ 57% since 2019 |
| Home/Income Ratio | 2.8x (nat avg ~3.5x) |
| Median Rent | $1,091/mo ↑ 28% since 2019 |
| Total Units | 474 |
| Vacant Units | 5 |
| Avg HH Size | 2.74 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 474 |
|---|---|
| Vacant | 5 |
| Owner Occupied | 82.7% |
| Renter Occupied | 17.3% |
| Avg HH Size | 2.74 |
ZIP code 47968 is located in New Ross, Indiana, within Montgomery County. With a population of 1,283, this is a sparsely populated ZIP code with a relatively young community — the median age is 37.1 years. Economically, 47968 is a solidly middle-class ZIP code: the median household income of $74,583 is near the national average.
Real estate in ZIP code 47968 represents an affordable housing market. The median home value of $205,800 is below the national average. Renters can expect to pay around $1,091 per month in median rent. Homeownership is strong here — 82.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 57% since 2019.
The population of 47968 is primarily White (97.74%). Residents are moderately educated — 36.6% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 4.6%. Household income has grown by 4% since 2019.
The unemployment rate in 47968 stands at 11.4%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 89%.
Overall, ZIP code 47968 in New Ross, IN is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 1,283 residents, a median household income of $74,583, and a median home value of $205,800, it offers a clear picture of life in this part of Indiana.