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47965

Zip code 47965: New Market, Indiana

Residential delivery areaMontgomery CountyEastern Time
Population
490
Small sample: rough estimates
Median household income
$77K
U.S. $81K
Median home value
$148K
U.S. $333K
Median rent
$931/mo
U.S. $1,413
Median age
45.2
U.S. 38.9
Land area
0.4 sq mi
1,241 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 47965

47965 is a suburban zip code in New Market, Indiana (Montgomery County), covering 0.4 sq mi of land. About 490 people live here, or 1,241 per square mile. The median resident is 45.2 years old, compared with 38.9 nationally. With so few residents, the Census figures below are rough estimates with wide margins of error.

The median household earns $76,607 a year, close to the national median of $80,734. 1.8% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $148,200, or 1.9 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 83% of occupied homes are lived in by their owners, and renters pay a median of $931 a month.

12% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 23.1 minutes each way, and 8% of workers work from home. The most common jobs among working residents are in office and administrative support; education; and management.

How 47965 compares

Sorted from highest to lowest national percentile

Only about 490 people live here, so these survey estimates have wide margins of error.

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Median age
45.2
Under 18
16.5%
65 and over
28%

Race and ethnicity

  • White97%
  • Black0%
  • Hispanic2%
  • Asian0%
  • Native American0%
  • Pacific Islander0%
  • Other0%
  • Multiracial2%
Diversity index
6.8
U.S. 61.4
Foreign-born
0.2%
U.S. 14.1%
Born in state
84.7%

Language spoken at home (households)

English only
100%
Spanish
0%
Other Indo-European
0%
Asian / Pacific
0%
Other
0%

Households

Households
238
Average household size
2.1
Family households
52.1%
Married couples
45.4%
Living alone
36.6%
Veterans (of adults)
14.7%
Male / female
47% / 53%

Income and poverty

Household income distribution

<$25k
5%
$25–50k
22%
$50–75k
18%
$75–100k
28%
$100–150k
17%
$150–200k
6%
$200k+
3%

Median household income

47965
$76,607
Montgomery Co.
$71,479
Indiana
$71,957
United States
$80,734
Per capita income
$40,188
U.S. $44,673
Poverty rate
1.8%
U.S. 12.5%
Households earning $150K+
9.2%
U.S. 23%
Income inequality (Gini)
0.314
U.S. 0.483

Housing

Median home value

47965
$148,200
Montgomery Co.
$171,800
Indiana
$218,200
United States
$332,700

Median gross rent

47965
$931
Montgomery Co.
$858
Indiana
$1,062
United States
$1,413

Types of housing

Single-family
94%
2–4 units
5%
5–19 units
0%
20+ units
0%
Mobile home
0.8%
Boat, RV, van
0%
Housing units
251
Owner-occupied
82.8%
Vacant
5.2%
Median year built
1956
Median rooms
6.2
Renters paying 30%+ of income
17.9%
Renters paying 50%+ of income
12.8%
Home value to income
1.9× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
86%
Carpooled
6%
Transit
0%
Walked
0%
Bicycle
0%
Worked from home
8%
Other
0%

Commute time (one way)

<10 min
20%
10–19
34%
20–29
23%
30–44
6%
45–59
7%
60+
10%
Average commute
23.1 min
U.S. 26.4 min
Unemployment
1.1%
U.S. 5.2%
In labor force
63.5%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Office and admin
18%
Education
14%
Management
13%
Legal and social services
11%
Transportation and moving
9%
Construction and repair
9%
Cleaning and personal care
5%
Computer and math
4%
Production
4%
Sales
3%
Engineering and science
3%
Business and finance
2%
Police and fire
2%
Healthcare
1%
Food service
0.7%
Farming, fishing and forestry
0.7%
Arts, media and sports
0%

Industries

Manufacturing
17%
Education
15%
Retail
10%
Health care and social assistance
10%
Transportation, warehousing and utilities
9%
Construction
7%
Other services
7%
Professional and technical services
6%
Finance, insurance and real estate
5%
Public administration
5%
Information
4%
Restaurants and hotels
2%
Arts and recreation
1%
Agriculture and mining
0.7%
Admin, support and management
0.4%
Wholesale
0.4%
Median earnings per worker
$46,667
U.S. $49,666
Self-employed
3.3%
U.S. 10%
Government workers
24.1%
U.S. 14.5%
Nonprofit workers
13.1%
U.S. 8.8%

Median earnings by type of work

Type of work47965U.S.
Management, business, science and arts$46,500$74,888
Service$53,750$26,804
Sales and office$43,542$40,476
Construction and maintenance$60,417$49,199
Production and transportation$44,167$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
4%
High school
47%
Some college
19%
Associate's
18%
Bachelor's
9%
Graduate
3%
High school graduate or higher
95.9%
Bachelor's degree or higher
12.3%
Graduate or professional degree
3%
Households with broadband
84.5%
Cable, fiber or DSL
76.9%
No internet access
13.9%
Without health insurance
8.8%
Limited-English households
0%

Geography

City (USPS)
New Market
State
Indiana
Center point
39.9546° N, 86.9200° W
Land area
0.4 sq mi
Water area
under 0.1 sq mi
Time zone
Eastern Time (UTC-5, UTC-4 in summer)
Zip type
Residential delivery area

Cities and towns within this zip

  • New Market64% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 47965

ZipCityDistanceIncome
47933Crawfordsville5.8 mi$68,130
47954Ladoga6.6 mi$81,364
47916Alamo7.4 mi—
47989Waveland8.2 mi$104,048
47968New Ross9 mi$83,242
46175Russellville9.9 mi$74,125
46172Roachdale10 mi$85,912
47990Waynetown10 mi$63,198
47988Wallace · PO box12 mi—
47949Hillsboro14 mi$76,429
47859Marshall14 mi$74,583
46105Bainbridge14 mi$87,736

Questions about 47965

What city is zip code 47965?

47965 is assigned to New Market, Indiana. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 47965 in?

47965 is in Montgomery County, Indiana.

What is the population of 47965?

About 490 people live in 47965, according to the Census Bureau's American Community Survey.

What time zone is 47965 in?

47965 is in Eastern Time.

What is the median household income in 47965?

The median household income in 47965 is $76,607.

What zip codes are near 47965?

The closest zip codes to 47965 are 47933, 47954, 47916, 47989, 47968.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 47965, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.