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47243 vs 47162 — Compare ZIP Codes

Side-by-side comparison. Blue = ZIP 47243, Orange = ZIP 47162.

Quick verdict: ZIP 47243 is higher home values, more diverse, higher work-from-home share. ZIP 47162 is wealthier, lower poverty rate, lower unemployment, more educated.

Quick Facts

ZIP 47243
Hanover town, IN
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  • Population6,235
  • Median Income$66,333
  • Median Home Value$172k
  • Median Rent$663
  • Median Age33.4 yrs
  • Poverty Rate9.0%
ZIP 47162
New Washington CDP, IN
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  • Population501
  • Median Income$73,839
  • Median Home Value$162k
  • Median Rent
  • Median Age37.5 yrs
  • Poverty Rate5.0%
Visual comparison (same scale)
Population
6,235501
Median Income
$66,333$73,839
Median Home Value
$172k$162k
Median Rent
$663
Median Age
33.4 yrs37.5 yrs
Poverty Rate
9.0%5.0%

Demographics

ZIP 47243
Hanover town, IN
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  • White %92.5%
  • Black %0.8%
  • Asian %0.2%
  • Hispanic %5.1%
  • Age 0–17 %19.4%
  • Age 18–64 %65.4%
  • Age 65+ %15.3%
  • Bachelor's+ %19.2%
  • Diversity Index14/100
ZIP 47162
New Washington CDP, IN
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  • White %99.4%
  • Black %0.0%
  • Asian %0.0%
  • Hispanic %1.6%
  • Age 0–17 %22.4%
  • Age 18–64 %61.7%
  • Age 65+ %16.0%
  • Bachelor's+ %23.7%
  • Diversity Index1/100
Visual comparison (same scale)
White %
92.5%99.4%
Black %
0.8%0.0%
Asian %
0.2%0.0%
Hispanic %
5.1%1.6%
Age 0–17 %
19.4%22.4%
Age 18–64 %
65.4%61.7%
Age 65+ %
15.3%16.0%
Bachelor's+ %
19.2%23.7%
Diversity Index
14/1001/100

Economy

ZIP 47243
Hanover town, IN
View full profile →
  • Median Income$66,333
  • Unemployment %5.0%
  • IRS Net Migration+287
  • Work From Home %4.7%
ZIP 47162
New Washington CDP, IN
View full profile →
  • Median Income$73,839
  • Unemployment %0.0%
  • IRS Net Migration+23
  • Work From Home %4.5%
Visual comparison (same scale)
Median Income
$66,333$73,839
Unemployment %
5.0%0.0%
IRS Net Migration
+287+23
Work From Home %
4.7%4.5%

Housing

ZIP 47243
Hanover town, IN
View full profile →
  • Median Home Value$172k
  • Median Rent$663
  • Owner Occupied %74.0%
  • Broadband %86.9%
  • Vacant %12.5%
  • Median Year Built1973
ZIP 47162
New Washington CDP, IN
View full profile →
  • Median Home Value$162k
  • Median Rent
  • Owner Occupied %74.5%
  • Broadband %65.0%
  • Vacant %16.0%
  • Median Year Built1981
Visual comparison (same scale)
Median Home Value
$172k$162k
Median Rent
$663
Owner Occupied %
74.0%74.5%
Broadband %
86.9%65.0%
Vacant %
12.5%16.0%
Median Year Built
19731981

Climate & Location

ZIP 47243
Hanover town, IN
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  • Snow Days/Year0 days
  • Elevation (ft)460 ft
  • Nearest Airport32.0 miles (51.5 km)
  • Distance to Coast221.0 miles (355.7 km)
ZIP 47162
New Washington CDP, IN
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  • Snow Days/Year0 days
  • Elevation (ft)780 ft
  • Nearest Airport24.6 miles (39.6 km)
  • Distance to Coast229.3 miles (369.1 km)
Visual comparison (same scale)
Snow Days/Year
0 days0 days
Elevation (ft)
460 ft780 ft
Nearest Airport
32.0 miles (51.5 km)24.6 miles (39.6 km)
Distance to Coast
221.0 miles (355.7 km)229.3 miles (369.1 km)

Infrastructure

ZIP 47243
Hanover town, IN
View full profile →
  • Work From Home %4.7%
  • Walkability (0–100)31
  • Broadband %86.9%
ZIP 47162
New Washington CDP, IN
View full profile →
  • Work From Home %4.5%
  • Walkability (0–100)17
  • Broadband %65.0%
Visual comparison (same scale)
Work From Home %
4.7%4.5%
Walkability (0–100)
3117
Broadband %
86.9%65.0%

Frequently Asked Questions

How do ZIP 47243 and 47162 compare?
ZIP 47243 is higher home values, more diverse, higher work-from-home share. ZIP 47162 is wealthier, lower poverty rate, lower unemployment, more educated.
What do the blue and orange colors mean?
Blue represents the first ZIP (47243), orange the second (47162). The same colors are used in the map markers and comparison bars.
Where does this data come from?
Data is from the U.S. Census Bureau and other federal sources. See our Methodology page for details.
How can I compare other ZIP codes?
From any ZIP page, use the "Compare with Another ZIP" tool, or go to /compare/XXXXX-vs-YYYYY (replace with two 5-digit ZIP codes).

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