47362 and 47501 receive effectively the same standardized Area Score. Which fits you better depends on which dimensions you weight — the differences below are where they actually diverge.
Signals
47362
47501
Opportunity
68 · Top 24%
vs70 · Top 21%
Growth
50 · Bottom 48%
vs45 · Bottom 41%
Climate
68 · Bottom 42%
vs73 · Top 39%
Physical resilience
65 · Top 42%
vs55 · Bottom 46%
Housing affordability
100 · Top 9%
vs100 · Top 9%
Schools
50 · Bottom 47%
vs51 · Bottom 49%
Access
72 · Bottom 13%
vs75 · Bottom 16%
Economic stability
32 · Bottom 10%
vs47 · Bottom 28%
Measured values
| Metric | 47362 | 47501 | Source period |
|---|---|---|---|
| Population | 29,337 | 18,612 | 2024 ACS 5-Year |
| Median household income | $60,258 | $62,982 | 2024 ACS 5-Year |
| Per capita income | $29,719 | $30,803 | 2024 ACS 5-Year |
| Population density | 199/sq mi | 134/sq mi | 2024 ACS 5-Year |
| Median home value | $146,800 | $172,800 | 2024 ACS 5-Year |
| Median gross rent | $786 | $861 | 2024 ACS 5-Year |
| Homeownership rate | 72.4% | 65.3% | 2024 ACS 5-Year |
| Unemployment rate | 3.4% | 3.0% | June 2026 |
| Employment change (year over year) | 0.8% | 0.1% | June 2026 |
| Bachelor's degree or higher | 14.8% | 17.8% | 2024 ACS 5-Year |
| Poverty rate | 15.1% | 15.0% | 2024 ACS 5-Year |
| Housing units permitted (12 months) | 15 | 23 | 12 months ending July 2026 |
| Permits per 1,000 residents | 0.9 | 1.9 | 12 months ending July 2026 |
| Permit change (year over year) | 15.4% | -77.9% | 12 months ending July 2026 |
| Average July high | 86°F | 88°F | 1991-2020 Normals |
| Average January low | 21°F | 23°F | 1991-2020 Normals |
| Annual precipitation | 40.3" | 41.7" | 1991-2020 Normals |
| Distance to major airport | 51 mi | 47 mi | NASR current cycle |
| Average commute | 23.6 min | 19.8 min | 2024 ACS 5-Year |
| Median age | 42.3 | 39.1 | 2024 ACS 5-Year |
| Public schools | 9 | 6 | 2024-25 school year |
| Students per teacher | 12.47 | 15.43 | 2024-25 school year |
| Math proficiency | 31.3% | 38.5% | 2019-20 school year |
| Reading proficiency | 33.7% | 33.1% | 2019-20 school year |
| Free or reduced-price lunch eligibility | 57.0% | 50.0% | 2024-25 school year |
A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.
Physical risk tradeoff
47362
Elevated or high exposure: tornado, earthquake.
47501
Elevated or high exposure: earthquake.
Full profiles: 47362 — New Castle, IN · 47501 — Washington, IN · How this is calculated: methodology