New Castle city, IN
ZIP 47362 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Working ClassLow Snow Area
Income, employment, industries, and economic trends
Income & Economy in New Castle city, IN (47362)
Median Income
$56,564
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,353
Wealth inflow
Population
29,442
Unemployment
4.3%
0.6pp above US avg
IRS migration statistics show a net inflow of about 1,353 for ZIP 47362 (New Castle city, 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.
Historical Trends in 47362 (2020–Present)
Since 2020, population grew 0.6%, median income rose 1.8% (inflation-adjusted), home values increased 17.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $56,564 |
| Unemployment | 4.3% |
| Establishments | 516 |
| Employees | 7,735 |