ZIP Code 47966 -- Newport, IN

Vermillion | 2024 American Community Survey Data

Key Insights

  • With a price-to-income ratio of 1.6x, housing here is relatively affordable compared to the recommended 3-5x benchmark.
  • 84.15% of housing units are owner-occupied — indicating a stable, established neighborhood with strong homeownership.

Quick Overview

Population
346
Unknown
Median Income
$62,750
Home Value
$101,100
Median Rent
$570
Median Age
51.00
Diversity Index
23.50
Low
Cost of Living
40.7
significantly below average
Unemployment
8.1%

About ZIP Code 47966

ZIP code 47966 in Newport, Indiana is a unknown area with a population of 346. The median household income is $62,750, which is This is 16% below the national median of $75,000.. The median home value is $101,100, representing a price-to-income ratio of 1.6x . The cost of living is significantly below average with an index of 40.7 (the national average is 100). Residents have a median age of 51.00 years. Approximately 10.6% of adults hold a bachelor's degree or higher. This ZIP code is located in Vermillion, IN.

Population & Age

Total Population
346
Median Age
51.00
Male Population
179
51.7%
Female Population
167
48.3%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
23.50 Low
White
90.8%
Black or African American
0.0%
Hispanic or Latino
4.3%
Asian
0.0%
Native American
0.9%
Pacific Islander
0.0%
Two or More Races
8.4%
Other Race
0.0%

Racial Composition

Income & Economy

Median Household Income
$62,750
Mean Household Income
$62,786
Per Capita Income
$32,089
Below Poverty Line
12.1%

This is 16% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$101,100
Median Rent
$570
Total Housing Units
214
Occupied Units
183
Vacant Units
31
14.5% vacancy
Median Year Built
1945
Owner Occupied
84.2%
Renter Occupied
15.9%
Price-to-Income Ratio 1.6x

Affordable housing market

Ownership vs Rental

Owner 84.2% Renter 15.9%

Education

High School Diploma or Higher 96.1%
Bachelor's Degree or Higher 10.6%
Graduate or Professional Degree 1.8%

Employment & Commuting

Civilian Labor Force
148
Employment Rate
91.9%
Unemployment Rate
8.1%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
95.5%
Carpool
4.5%
Public Transit
0.0%
Work from Home
0.0%

Cost of Living Index

40.7
significantly below average

The cost of living in ZIP code 47966 is 59.3% below the national average of 100.

0 National Avg (100) 200

Compare 47966 with:

Compare 47966 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Vermillion

ZIP Code City Population Median Income
47842 Clinton 9,652 $56,750
47928 Cayuga 1,730 $52,275
47974 Perrysville 1,441 $89,962
47854 Hillsdale 902 $86,509
47847 Dana 882 $53,924
47884 Universal 157 $59,167

Frequently Asked Questions about ZIP Code 47966

ZIP code 47966 (Newport, IN) has a total population of 346 according to the 2024 American Community Survey. The median age is 51.00 years.

The median household income in ZIP code 47966 is $62,750 per year, based on 2024 Census Bureau data. This is 16% below the national median of $75,000.

ZIP code 47966 is primarily located in Newport, Indiana (IN). It falls within Vermillion County.

The median home value in ZIP code 47966 is $101,100, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $570.

The median age in ZIP code 47966 is 51.00 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 47966 has a cost of living index of 40.66 (national average = 100). This means the cost of living is significantly below average compared to the national average.

In ZIP code 47966, 10.56% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 1.76% hold a graduate or professional degree.

The unemployment rate in ZIP code 47966 is 8.11%, which is above the national average of 3.6%. About 0.00% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.