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ZipNumbers

Newton County · Indiana

ZIP code 47948

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 47948 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,158

ZCTA residents

Median income
$57,563

Household, past 12 months

Median home
$98,600

Owner-occupied value

Sales tax
7%

Indiana state rate

Quick answer

ZIP 47948 sits in Newton County, Indiana and is home to 1,158 people. Median household income is $57,563, the median home is worth $98,600 and median gross rent is $475. 83.9% of households own their home, and purchases are taxed at 7% (Indiana state rate).

County
Newton County

FIPS 18111

State
Indiana (IN)

807 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 47948

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
1,158ZIP 47948 residents
Median household income
$57,563Past 12 months, inflation adjusted
Median home value
$98,600Owner-occupied units
Median gross rent
$475Rent plus utilities, monthly
Median age
47 yrsAll residents
Homeownership rate
83.9%Owner-occupied households

Sales tax in 47948

What a purchase inside this ZIP costs at checkout.

Rate applied
7%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$70Before any exemptions

Indiana levies 7% statewide with no local add-ons. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
10%Median rent ÷ median income
Price-to-income
1.7×Home value ÷ household income
Est. mortgage
$512/mo20% down, 30-yr at 6.75%
Poverty rate
11%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 47948 compares

ZIP 47948 against the median ZIP in Newton County and across Indiana.

MeasureZIP 47948County medianState medianvs state
Median household income$57,563$63,228$68,990-17%
Median home value$98,600$150,700$168,100-41%
Median gross rent$475$843$895-47%
Population1,1581,1582,793-59%

Medians are computed across the 9 ZIP areas in Newton County and the 807 ZIP areas in Indiana.

Statewide rank

Where this ZIP places among all 807 Indiana ZIP areas.

Income

richer than 21% of 734 state ZIPs

#580
Home value

above 9% of 733 state ZIPs

#666
Population

larger than 30% of 807 state ZIPs

#564

Comparable ZIP codes

Indiana ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
46133Rush County$57,629$124,700$1,110
47170Scott County$57,661$148,600$831
47167Washington County$57,697$161,500$726
46107Marion County$57,377$166,600$1,051
46117Hancock County$57,750$229,700
46219Marion County$57,811$177,000$991

Nearby ZIP codes

Other ZIP codes filed under Newton County.

ZIP 47948 questions

Common questions about this ZIP code.

Where is ZIP code 47948?
ZIP 47948 lies mostly in Newton County, Indiana. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 47948?
Indiana charges 7% statewide.
Is 47948 expensive to live in?
Median rent runs $475 a month, about 10% of median household income, and the median home is worth $98,600-41% against the typical Indiana ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 47948, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.