ZIP Code 47162 — New Washington CDP, IN Demographics & Data

ZIP code 47162 covers New Washington, IN in Clark County with a population of about 501.

At a glance, the area shows median age of 37.5 (near the U.S. median).

It sits in telephone area codes 812, 930; U.S. House district IN-9; the LOUISVILLE media market.

Median household income in ZIP 47162 is about $73,839 — about even with the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 5.0%; unemployment rate near 0.0%; 23.7% of adults with a bachelor’s degree or higher (about 10.0 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Other services, and Retail trade; about 4.5% of workers reporting work-from-home (about 10.7 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $161,700 — about 54% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 74.5% (about 9.1 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 47162 in New Washington, IN, a household would need roughly $45,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,039. That sits below the local median household income ($73,839), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for New Washington CDP, IN as Relatively Moderate (composite score 81.4), which is elevated versus much of the country. The strongest component scores on US5 are flood (81.2) and wildfire (20.7). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for New Washington CDP, IN show little to no average snow and around 52.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 23 for ZIP 47162 (New Washington CDP, IN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.