47362New Castle, Indiana

Area Profile

Income, jobs, climate, physical risk and development data for ZIP code 47362.

66out of 100
Area Score
Top 30% of 5,298 published profiles

How we calculate this

How this area ranks
OpportunityTop 24% of 6,210 published ZIP areas68
Schools2324th of 4,422 published ZIP areas50
Growth2807th of 5,428 published ZIP areas50
Housing affordabilityTop 9% of 6,685 published ZIP areas100
Climate3947th of 6,789 published ZIP areas68
Physical resilienceTop 42% of 6,709 published ZIP areas65
Access5884th of 6,791 published ZIP areas72
Economic stability6067th of 6,742 published ZIP areas32
The quick read

47362 ranks in the top 24% of published ZIP profiles for employment opportunity, with unemployment at 3.4% and median household income of $60,258.

In the public schools here, 31% of students met the state standard in mathematics, with 12.5 students for every teacher.

Housing is more affordable relative to local incomes than in most published city profiles: rent takes 16% of median household income and the median home is 2.4 times it.

At a glance

Population
29,337
2024 ACS 5-Year
Median household income
$60,258
Bottom 30% nationally
Density
199/sq mi
147.7 sq mi of land
Median age
42.3
2024 ACS 5-Year
City
New Castle
Indiana
Metro area
New Castle, IN
Nearest major airport
IND
51 mi · Indianapolis Intl
Median home value
$146,800
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 3.4% is lower than 89% of the 6,544 measured US ZIP areas.

Employment grew 0.8% over the past year, to 22,091 employed residents.

MetricValueCompared with peersSource period
Median household income ±$3,011$60,258Bottom 30%2024 ACS 5-Year
Per capita income ±$1,876$29,719Bottom 26%2024 ACS 5-Year
Poverty rate15.1%Top 31%2024 ACS 5-Year
Average commute23.6 minBottom 28%2024 ACS 5-Year
Bachelor's degree or higher14.8%Bottom 24%2024 ACS 5-Year
Employment22,091Bottom 22%June 2026
Employment change (3 years)5.8%Top 3%June 2026
Employment change (year over year)0.8%Top 15%June 2026
Labor force22,880Bottom 22%June 2026
Labor force participation51.9%Bottom 23%2024 ACS 5-Year
Unemployment change (year over year)-0.5%Bottom 18%June 2026
Unemployment rate3.4%Bottom 11%June 2026
Median household income, successive ACS releases
202120222023202460k52k
Each point is a separate five-year estimate, most recently $60,258 in the 2024 ACS 5-Year. Consecutive releases share four years of sample, so AreaProfile shows them as a record of successive estimates and does not compute a year-over-year change from them.

The Bureau of Labor Statistics does not publish labor-force data for ZIP areas. This is the figure for New Castle, IN, the city containing this ZIP code.

31% of students met the state standard in mathematics and 34% in reading, across the schools here that reported results.

There are 12.5 students for every full-time teacher, fewer than in most measured places.

Public schools
9
2024-25 school year
Students per teacher
12.5
across all schools here
Math proficiency
31.3%
Bottom 41% in Indiana
Reading proficiency
33.7%
Bottom 41% in Indiana
SchoolDistrictStudentsPer teacherMathReading
New Castle High SchoolNew Castle Community School Corp82811.5
New Castle Middle SchoolNew Castle Community School Corp62711.422%37%
Blue River Valley Elementary SchBlue River Valley Schools33114.435%25%
Wilbur Wright Elementary SchoolNew Castle Community School Corp30513.331%38%
Blue River Valley Jr-Sr High SchBlue River Valley Schools28913.85%35%
Parker Elementary SchoolNew Castle Community School Corp27812.621%18%
Eastwood Elementary SchoolNew Castle Community School Corp2579.941%28%
Westwood Elementary SchoolNew Castle Community School Corp25616.054%45%
James Whitcomb Riley Elem SchoolNew Castle Community School Corp24615.461%44%

57.0% of students here are eligible for free or reduced-price lunch. That describes the circumstances families arrive with rather than how the schools perform, which is why AreaProfile shows it and does not score it.

Public schools only, from the NCES Common Core of Data. Schools are placed by ZIP code, so this is which schools are in this place rather than which one a particular address is zoned for — district boundaries do not follow municipal ones, and enrollment zones change. Fully virtual schools are excluded: they enroll students from across the state while reporting one administrative address, and counting them here would describe a school population this place does not have. The assessment covers grades 3 through 8, so a high school shows no proficiency figure — a dash in those columns means the test was not given at that school, not that it performed badly. Proficiency is measured against Indiana’s own standard, so it compares cleanly within the state and only broadly against other states; AreaProfile therefore ranks it within state. The directory is current, while the proficiency figures are from the last school year with national coverage before the pandemic interrupted testing.

Housing & affordability

How it’s calculated →

Median rent of $786 takes 16% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 2.4 times median household income here, close to the historic benchmark for an affordable market.

Rent as a share of income
15.7%
Below the 30% cost-burdened threshold
Home price to income
2.4×
median home value ÷ median income
Median gross rent
$786
2024 ACS 5-Year
Median home value
$146,800
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income2.44Bottom 28%2024 ACS 5-Year
Homeownership rate72.4%Bottom 34%2024 ACS 5-Year
Housing units ±34412,348Top 12%2024 ACS 5-Year
Median gross rent ±$57$786Bottom 22%2024 ACS 5-Year
Median home value ±$11,713$146,800Bottom 25%2024 ACS 5-Year
Rent as a share of income15.7%Bottom 35%2024 ACS 5-Year
Vacancy rate12.8%Top 44%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
50/ 100
Ranks 2807 of 5,428 published city profiles

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

New construction is predominantly single-family: only 0% of permitted units are in buildings of five or more homes.

At 0.9 permitted units per 1,000 residents, building activity is below the median for measured US ZIP areas.

Units permitted
15
12 months ending July 2026
Per 1,000 residents
0.9
Bottom 22% nationally
Year over year
+15%
vs the prior twelve months
Multifamily share
0.0%
units in 5+ unit buildings

The Building Permits Survey is not published for ZIP areas. This is the figure for New Castle, IN, the city containing this ZIP code.

Weather & climate

6 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 86°F and January a low of 21°F.

Normal annual precipitation is 40.3 inches.

Air quality measures a median index of 34, in the Good band, and no day in the year passed 100.

10°30°50°70°90°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station MUNCIE DELAWARE CO AP, 20.9 miles from this location.
Precipitation
JFMAMJJASOND4.8"
Normal monthly precipitation, in inches.
MetricValueSource period
90th percentile air quality index55.02024 calendar year
Annual precipitation40.3"1991-2020 Normals
Average January low21°F1991-2020 Normals
Average July high86°F1991-2020 Normals
Comfortable months61991-2020 Normals
Days above AQI 10002024 calendar year
Median air quality index34.02024 calendar year
Seasonal temperature swing47°F1991-2020 Normals
Air quality
Median air quality index
34
Good on a typical day
Worst tenth of days
55
90th percentile index
Days above 100
0
unhealthy for sensitive groups

A comfortable median and a bad tail are different problems. Wildfire smoke and summer ozone show up in the worst tenth of days, not in the middle of the year.

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today. Air quality is measured rather than modelled, by EPA monitors, and published by county only where a monitor sits — roughly half the counties AreaProfile publishes have one, and the rest show nothing rather than an estimate. Air masses are regional, so a county reading describes the air over a place reasonably well, but it is still the county reading.

Physical risk

65 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are tornado, earthquake and hail.

Overall hazard risk is lower than 76% of measured US ZIP areas.

TornadoHigh
EarthquakeElevated
HailModerate
LightningModerate
Strong windModerate
Heat waveModerate
Cold waveModerate

Low or minimal exposure: ice storm, inland flooding, winter weather, landslide, drought, hurricane, wildfire.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. ZIP values are the land-area-weighted mean of the counties the ZIP Code Tabulation Area intersects. Expected annual loss is not allocated below county level. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

These are deaths, not offences. AreaProfile does not publish reported crime, and this is not a substitute for it — it says nothing about burglary, theft or assault.

Henry County records 2.9 homicide deaths per 100,000 residents a year, near the middle of counties measured. The CDC does not publish this below county level.

Firearm deaths of all intents run at 14.4 per 100,000 — more than the homicide rate, because nationally most firearm deaths are suicides.

Drug overdose deaths run at 24.5 per 100,000 residents in Henry County.

Homicide
2.9
per 100,000 residents · under 10 deaths
Firearm deaths, all intents
14.4
per 100,000 residents · under 10 deaths
Drug overdose
24.5
per 100,000 residents · under 10 deaths
Suicide
22.5
per 100,000 residents · under 10 deaths

Firearm deaths count every intent together, and nationally the majority are suicides rather than homicides. The two columns overlap and should not be added.

Age-adjusted rates from provisional death certificate records, published by the CDC for Henry County as a whole — these rates are not published below county level. A county can hold both a dense city centre and a suburb whose experience of it is nothing alike, so this describes the county around 47362 rather than 47362 itself. That is why AreaProfile shows these figures and does not put them in the Area Score. Where fewer than ten deaths were recorded the count is suppressed at source, and a rate built on single figures moves sharply between releases. What this measure has that reported crime does not: a death certificate is filed whether or not the local police agency submitted a return that year, so the figures stay comparable between places and over time.

What this profile does not cover

Three things people look for are missing from every AreaProfile page, and each is missing for a reason rather than by oversight. The Area Score is calculated without them and the weighting is documented on the methodology page.

Reported crime
The FBI’s Crime Data Explorer is the only source for reported offences with national coverage and a published method, and it requires an API key AreaProfile does not hold. Arrest counts, news volume and commercial “safety scores” are not substituted in the meantime. What is published above under Safety is a different measurement — deaths rather than offences, from death certificates rather than police returns — and it covers no property crime at all.
Taxes
No tax dataset has met the source admission test for coverage, transparent methodology and update cadence. Nothing here is individualized tax advice.
Full cost of living
No public source publishes one with national coverage and a documented method. Housing affordability above is computed from published rent, price and income, and excludes transport, groceries, healthcare, insurance and taxes — commuting cost in particular tends to offset suburban housing savings.

Access

4 major airports lie within 100 miles, the nearest 51 miles away.

AirportCodeDistanceLongest runway
Indianapolis IntlIND51 mi11,200 ft
James M Cox Dayton IntlDAY61 mi8,502 ft
Cincinnati/Northern Kentucky IntlCVG72 mi10,000 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

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Area Score
66
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Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)
safetyU.S. Centers for Disease Control and Prevention, National Center for Health Statistics
Provisional county-level mortality by intent
April, 2025 to March, 2026Quarterly, with a rolling twelve-month window alongside complete calendar years
schoolsU.S. Department of Education, National Center for Education Statistics
Common Core of Data and EDFacts assessments
2019-20 school year; 2024-25 school yearDirectory annually; assessment results as EDFacts releases them
ClimateU.S. Environmental Protection Agency, Air Quality System
Daily Air Quality Index by county
2024 calendar yearAnnually, once a calendar year is complete

Profile recalculated August 30, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.

47362 vs New Castle

How this ZIP area compares with New Castle as a whole. Both figures come from the same ACS release, so the comparison is like for like.

47362
New Castle
Median household income
$60,258
vs
$51,606
Per capita income
$29,719
vs
$28,155
Population density
199/sq mi
vs
2,371/sq mi
Median home value
$146,800
vs
$98,000
Median gross rent
$786
vs
$781
Homeownership rate
72.4%
vs
61.5%
Bachelor's degree or higher
14.8%
vs
13.3%
Poverty rate
15.1%
vs
20.1%
Median age
42.3
vs
41.2

Some demographic statistics use Census ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP delivery geography. See the methodology for how AreaProfile maps between them.