ZIP Code 47963 Demographics

Newton County, Indiana  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 47963 compared to county averages.

Total Population

2,405

↓ 82.6% vs county

Median HH Income

$69,282

↑ +8.8% vs county

Median Home Value

$141,400

↓ 4.4% vs county

Median Age

38.6 yrs

↑ 9.6% vs county

Unemployment Rate

5.1%

↑ 47.0% vs county

Income & Housing Comparison

How ZIP 47963 compares to Newton County and Indiana overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 47963 $69k Newton $64k Indiana $67k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 47963 $141k Newton $148k Indiana $184k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

8.3%

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

Owner Occupancy

80.9%

of occupied housing units are owner-occupied

Median Gross Rent

$753

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 47963 using local Census metrics.

Median Home Value$141,400
Down Payment (20%)$28,280
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$897P&I: $715 | Tax: $141 | Ins: $41
Rent (Local Median)
$753
Renting is CheaperRenting is estimated to save you $144/month compared to buying costs.

How Does 47963 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 47963 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 47963, 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 47963 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.