47150 Zip Code

April 25, 2024

Zip Code:	47150
City/Town:	New Albany
State:	Indiana

Population:	47,472
Per Capita Income:	$23,534
Mean Household Income:	$58,144

Total Housing Units:	19,589
Median Home Value:	$92,500
Median Year Homes Built:	1963

Land Area:	43.9 sq miles 113.7 sq kilometers
Water Area:	0.5 sq miles 1.2 sq kilometers

Population Information (47150 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

47,472

Male:

22,706

47.8%

49.2%

Female:

24,766

52.2%

50.8%

Median Age:

38.0 yrs

37.2 yrs

Under 5 years:

3,140

6.6%

6.5%

5 to 9 years:

3,092

6.6%

10 to 19 years:

6,158

13.0%

13.8%

20 to 29 years:

6,597

13.9%

13.8%

30 to 39 years:

6,082

12.8%

13.0%

40 to 49 years:

6,520

13.7%

14.2%

50 to 59 years:

6,745

14.2%

13.6%

60 to 69 years:

4,532

9.5%

9.4%

70 to 79 years:

2,541

5.4%

80 years and over:

2,065

4.3%

3.7%

Housing Information (47150 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$92,500

$119,600

Median year homes build:

1963

1971

Median real estate taxes:

$944 / yr.

$1,334 / yr.

Median rent:

$423 / mo.

$519 / mo.

Total households:

19,589

Family households:

12,267

62.6%

66.4%

Nonfamily households:

7,322

37.4%

33.6%

Households with individuals under 18 years:

6,129

31.3%

33.4%

Households with individuals 65 years and over:

4,536

23.2%

24.9%

Average household size:

2.4

Average family size:

2.9

Total housing units:

21,577

Occupied housing units:

19,589

90.8%

88.6%

Vacant housing units:

1,988

9.2%

11.4%

For rent:

771

3.6%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

427

2.0%

1.4%

Sold, not occupied:

104

0.5%

0.3%

For seasonal, recreational, or occasional use:

0.3%

3.5%

All other vacants:

593

2.7%

2.8%

Homeowner vacancy rate:

3.4%

2.4%

Rental vacancy rate:

9.3%

9.2%

Owner-occupied housing units:

12,114

Population in owner-occupied housing units:

29,509

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

7,475

Population in renter-occupied housing units:

16,708

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (47150 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

31,000

Less than 9th grade:

2,053

6.6%

6.2%

9th to 12th grade, no diploma:

4,614

14.9%

8.7%

High school graduate (includes equivalency):

10,261

33.1%

29.0%

Some college, no degree:

6,810

22.0%

20.6%

Associate degree:

1,702

5.5%

7.5%

Bachelor's degree:

3,591

11.6%

17.6%

Graduate or professional degree:

1,969

6.4%

10.3%

Percent high school graduate or higher:

78.5%

85.0%

Percent bachelor's degree or higher:

17.9%

27.9%

Income Information (47150 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

16,315

34.4%

50.4%

Median income:

$26,491 / yr.

$27,932 / yr.

Full-time, year-round workers:

9,166

19.3%

59.7%

Median income:

$34,728 / yr.

$38,349 / yr.

Females 15 years and over with income:

17,680

37.2%

49.6%

Median income:

$15,429 / yr.

$16,327 / yr.

Full-time, year-round workers:

6,781

14.3%

40.3%

Median income:

$26,453 / yr.

$28,135 / yr.

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