ZIP Code 47951 Demographics

Newton County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 47951 compared to county averages.

Total Population

2,325

↓ 83.2% vs county

Median HH Income

$60,520

↓ 5.0% vs county

Median Home Value

$90,000

↓ 39.1% vs county

Median Age

43.5 yrs

↓ +1.9% vs county

Unemployment Rate

14.8%

↓ +53.5% vs county

Income & Housing Comparison

How ZIP 47951 compares to Newton County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 47951 $61k Newton $64k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 47951 $90k Newton $148k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

13.3%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

77.1%

of occupied housing units are owner-occupied

Median Gross Rent

$775

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 47951 using local Census metrics.

Median Home Value$90,000
Down Payment (20%)$18,000
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$571P&I: $455 | Tax: $90 | Ins: $26
Rent (Local Median)
$775
Buying is CheaperBuying a home is estimated to save you $204/month compared to local rents.

How Does 47951 Compare?

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Location & Neighboring Areas

Interactive map showing ZIP code 47951 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 47951, sorted by distance.

About Newton County

Newton County is located in Indiana and has a total population of 13,829. The county's median household income is $63,673 and median home value is $147,900. ZIP code 47951 is one of many ZCTAs within this county.

View all ZIP codes in Newton County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.