47968 Zip Code

April 19, 2024

Zip Code:	47968
City/Town:	New Ross
State:	Indiana

Population:	982
Per Capita Income:	$22,464
Mean Household Income:	$58,549

Total Housing Units:	371
Median Home Value:	$75,300
Median Year Homes Built:	1940

Land Area:	24.4 sq miles 63.2 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (47968 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

982

Male:

500

50.9%

49.2%

Female:

482

49.1%

50.8%

Median Age:

39.2 yrs

37.2 yrs

Under 5 years:

6.9%

6.5%

5 to 9 years:

7.3%

6.6%

10 to 19 years:

138

14.1%

13.8%

20 to 29 years:

110

11.2%

13.8%

30 to 39 years:

112

11.4%

13.0%

40 to 49 years:

164

16.7%

14.2%

50 to 59 years:

131

13.3%

13.6%

60 to 69 years:

9.8%

9.4%

70 to 79 years:

5.5%

5.4%

80 years and over:

3.8%

3.7%

Housing Information (47968 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$75,300

$119,600

Median year homes build:

1940

1971

Median real estate taxes:

$491 / yr.

$1,334 / yr.

Median rent:

$358 / mo.

$519 / mo.

Total households:

371

Family households:

268

72.2%

66.4%

Nonfamily households:

103

27.8%

33.6%

Households with individuals under 18 years:

126

34.0%

33.4%

Households with individuals 65 years and over:

26.1%

24.9%

Average household size:

2.7

Average family size:

3.2

Total housing units:

396

Occupied housing units:

371

93.7%

88.6%

Vacant housing units:

6.3%

11.4%

For rent:

1.0%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.3%

1.4%

Sold, not occupied:

0.0%

0.3%

For seasonal, recreational, or occasional use:

1.3%

3.5%

All other vacants:

2.8%

Homeowner vacancy rate:

1.6%

2.4%

Rental vacancy rate:

5.8%

9.2%

Owner-occupied housing units:

306

Population in owner-occupied housing units:

797

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

185

Average household size of renter-occupied units:

2.9

2.44

Educational Attainment (47968 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

683

Less than 9th grade:

4.8%

6.2%

9th to 12th grade, no diploma:

11.6%

8.7%

High school graduate (includes equivalency):

329

48.2%

29.0%

Some college, no degree:

139

20.4%

20.6%

Associate degree:

6.0%

7.5%

Bachelor's degree:

4.5%

17.6%

Graduate or professional degree:

4.5%

10.3%

Percent high school graduate or higher:

83.6%

85.0%

Percent bachelor's degree or higher:

9.1%

27.9%

Income Information (47968 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:

364

37.1%

50.4%

Median income:

$35,000 / yr.

$27,932 / yr.

Full-time, year-round workers:

215

21.9%

59.7%

Median income:

$38,750 / yr.

$38,349 / yr.

Females 15 years and over with income:

348

35.4%

49.6%

Median income:

$15,156 / yr.

$16,327 / yr.

Full-time, year-round workers:

9.9%

40.3%

Median income:

$23,942 / yr.

$28,135 / yr.

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