47150 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Floyd County
Centroid: Latitude 38.308, Longitude -85.827
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 47150 has segments in 2 Counties (Clark, Floyd).

Businesses Addresses: 1,641
PO Box Addresses: 0
Residential Addresses: 22,077

Multi-Family Addresses: 2,553
Single Family Addresses: 19,524

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2021, Maps updated: May 5, 2021.

New Albany, IN 47150 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	49,269 (100%)
Population in Households	48,096 (97.6%)
Population in Families	36,668 (74.4%)
Population in Group Quarters¹	1,173 ( 2.4%)
Population Density	1,132
Diversity Index²	36


INCOME
Median Household Income	$52,875
Average Household Income	$66,687
% of Income for Mortgage⁴	14%
Per Capita Income	$27,700
Wealth Index⁵	60

HOUSING
Total HU (Housing Units)	22,586 (100%)
Owner Occupied HU	13,027 (57.7%)
Renter Occupied HU	7,403 (32.8%)
Vacant Housing Units	2,156 ( 9.5%)
Median Home Value	$174,844
Average Home Value	$202,316
Housing Affordability Index³	172

HOUSEHOLDS
Total Households	20,430
Average Household Size	2.35
Family Households	12,387
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

New Albany, IN 47150 - Peer Comparisons by Rank and Percentile

The table below compares 47150 to the other 774 ZIP Codes in Indiana by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2021	2021-2026
Population	0.44%	0.43%
Households	0.44%	0.44%
Families	0.17%	0.28%
Median Household Income		1.58%
Per Capita Income		2.33%
Owner Occupied HU		0.66%

Variable Description	Rank	Percentile
Total Population	# 7	99th
Population Density	# 146	81st
Median Household Income	# 542	30th
Housing Affordability Index	# 110	14th
Per Capita Income	# 425	45th
Diversity Index	# 138	82nd

47150 ZIP Code Profile, Map, Data & Demographics

ZIP Code 47150: Basic Data & USPS Preferred City Name

New Albany, IN 47150 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

New Albany, IN 47150 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 47150

Use HTL Address Research for a Indiana Address and get...

Quick & Easy Ways to...

Indiana Census Data Comparison Tool

More Tools and Resources:

Floyd County

New Albany Jobs