| City: | New Market, Indiana |
| County: | Montgomery County |
| Timezone: | Eastern (GMT -05:00) |
| Local Time: | 10:10:52 PM |
| Population: | 539 [See All] |
| Area Code: | 765 |
| Classification: | PO Box |
| Coordinates: | 39.9461, -86.9240 |
| Land Area: | 0.395 sq mi |
| Quick Link: |
New Market is a small town in Montgomery County, Indiana, with a population of 539 residents. The post office is the only option for mail delivery across this 0.25 square mile community. This is a PO Box Only Zone, meaning there's no alternative carrier delivery available.
The New Market post office maintains 252 PO Boxes for 220 households. That works out to a 1.15 adoption rate, which means the post office serves not just local residents but people from surrounding areas as well. The town also has a mix of delivery patterns: one city carrier route serves 3 delivery points, and one rural route covers 45 addresses, but PO Boxes remain the primary method for most residents.
New Market shows the character of an established small town. The numbered grid streets (1st through 6th) run alongside named streets like Main, Pine, Vine, and Locust. W Main St has the most delivery points with 9 records, followed by E Main St with 4. The town covers just a quarter square mile, making it compact and walkable.
With a median age of 39.2 years and a population-to-household ratio of 2.45, New Market has a typical family structure. About 90% of housing units are owner-occupied (197 of 220), showing stability in the community. The median household income is $75,089, and median home value sits at $151,500. Education levels are relatively low, with only 11% holding bachelor's degrees. The town has 8 business establishments employing 32 people locally.
All mail to New Market must use a PO Box address. Street delivery is not available for standard residential mail. The proper format is:
PO Box [Number]
New Market, IN 47965New Market has a traditional small-town street layout with numbered grid streets (1st through 6th) and named streets like Main, Pine, Vine, and Locust.
ZIP Code 47965 has 539 residents and 220 households (average 2.45 persons per household). The median age is 39.2 years, slightly older than the state (38.2) and about the same as the nation (38.8). The gender split is 50.5% male and 49.5% female, which is slightly higher than the national male share (49.1%). Largest groups are White (95.5%, much higher than the state average of 77.2% and well above the national average of 61.6%) and Hispanic or Latino (1.9%); Hispanic or Latino residents make up 1.9%, which is much lower than the national average (18.7%).
Explore More:Population Over TimeBy Age & GenderBy RaceBy GenderNativity & Citizenship
| 2020 Population: | 539Source: Census DHC |
| 2024 ACS Population Estimate: | 490Source: Census ACS |
| 2026 ZC Population Estimate: | 0Source: ZIP-Codes.com |
| Population Density: | 1,364.6 people per sq mile |
| Average Income: | $76,607Source: Census ACS |
| Households: | 220Source: Census DHC |
| Average House Value: | $148,200Source: Census ACS |
| Persons Per Household: | 2.45Source: Census DHC |
| Average Family Size: | 2.75Source: Census ACS |
| Group | 2010 | 2011 | 2102 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Census ACS Population Estimate | -- | 757 | 771 | 645 | 640 | 546 | 494 | 560 | 609 | 599 | 639 | 588 | 514 | 550 | 490 |
| Decennial Census | 646 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 539 | -- | -- | -- | -- |
Median Age: 39.2
Male Median Age: 38.2
Female Median Age: 40.2
| Group | < 5 | 5-9 | 10-14 | 15-19 | 20-24 | 25-29 | 30-34 | 35-39 | 40-44 | 45-49 | 50-54 | 55-59 | 60-64 | 65-69 | 70-74 | 75-79 | 80-84 | 85+ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Male | 17 | 14 | 21 | 22 | 15 | 14 | 17 | 24 | 21 | 17 | 12 | 22 | 15 | 15 | 9 | 5 | 8 | 4 |
| Female | 18 | 20 | 13 | 18 | 18 | 21 | 12 | 12 | 18 | 21 | 11 | 15 | 19 | 11 | 15 | 10 | 6 | 9 |
| Total | 35 | 34 | 34 | 40 | 33 | 35 | 29 | 36 | 39 | 38 | 23 | 37 | 34 | 26 | 24 | 15 | 14 | 13 |
| White: | 515 | 96.80% |
| Black: | 0 | 0% |
| Hispanic:* | 10 | 1.88% |
| Asian: | 3 | 0.56% |
| American Indian: | 1 | 0.19% |
| Hawaiian: | 0 | 0% |
| Other: | 3 | 0.56% |
| Total: | 532 | 100% |
| Gender | Count | % | Median Age |
|---|---|---|---|
| Males: | 272 | 50.46% | 38.2 years |
| Females: | 267 | 49.54% | 40.2 years |
| Total: | 539 | 100% | 39.2 years |
| Native, born in the United States: | 489 | 99.80% |
| Native, born in PR, Island Areas, or abroad: | 0 | 0.00% |
| Foreign born, naturalized U.S. citizen: | 1 | 0.20% |
| Foreign born, not a U.S. citizen: | 0 | 0.20% |
| Total Population: | 490 | 100% |
| Total Native Population: | 489 | 99.80% |
| Total Foreign-born Population: | 1 | 0.20% |
In 2024, the Median household income is $76,607, which is far above the state median ($70,051), is up $31,555 (70.0%) since 2011 and above its 2019 pre-pandemic level by $17,623. Family households earn a median of $93,636 versus $54,821 for nonfamily households (a difference of $38,815). By gender, male median income is $60,521 and female is $46,607, which is well under the national female median ($53,445), with a current gap of $13,914 that has widened from 2011 to 2024. The labor-force participation rate is 63.5%, which is comparable to the state rate (64.0%). The unemployment rate is 1.1%, which is considerably lower than the national rate (5.2%). The largest occupation group is Management (47.4%).
Explore More:Income Over TimeHousehold IncomeEmployment StatusBy Occupation
| Income Type | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Household Income | $45,052 | $46,833 | $43,958 | $47,321 | $56,250 | $60,208 | $63,125 | $62,917 | $58,984 | $58,088 | $64,063 | $68,750 | $75,089 | $76,607 |
| Median Family Income | $47,344 | $57,895 | $50,625 | $57,578 | $59,250 | $61,875 | $75,417 | $70,208 | $65,417 | $67,813 | $71,635 | $76,705 | $91,141 | $93,636 |
| Median NonFamily Income | $31,250 | $31,250 | $30,156 | $29,500 | $38,750 | $40,625 | $40,625 | $34,375 | $27,000 | $30,156 | $31,146 | $40,417 | $50,833 | $54,821 |
| Median Male Income | $42,045 | $41,964 | $43,490 | $49,250 | $0 | $44,792 | $56,500 | $58,214 | $58,750 | $45,385 | $51,875 | $43,947 | $57,292 | $60,521 |
| Median Female Income | $28,846 | $34,583 | $30,481 | $31,818 | $0 | $31,333 | $32,000 | $31,979 | $32,386 | $34,219 | $34,792 | $41,250 | $41,765 | $46,607 |
| Employed: | 274 | 62.84% |
| Unemployed: | 3 | 0.69% |
| Not In Labor Force: | 159 | 36.47% |
| Total: | 436 | 100% |
| Management, business, science, and arts: | 130 | 47.45% |
| Service: | 23 | 8.39% |
| Sales and Office: | 59 | 21.53% |
| Natural resources, construction, and maintenance: | 26 | 9.49% |
| Production, transportation, and material moving: | 36 | 13.14% |
| Total Civilian Employed Population: | 274 | 100% |
In 2024, the median home value is $148,200, which is considerably lower than the national median ($303,400), is up $66,800 (82.06%) since 2011 and above its 2019 pre-pandemic level by $55,900. The median gross rent is $931, which is considerably lower than the national median ($1,348), is up $113 (13.81%) since 2011 and above its 2019 pre-pandemic level by $64. Of occupied housing, owners make up 82.77% (54.31% with a mortgage, 45.69% free-and-clear) and renters 17.23% - making this ZIP Code more home ownership than the state and under national rental averages. The vacancy rate is 5.18%, which is markedly below the national rate (10.43%).
Explore More:Compare Home ValueHome Value Over TimeRent & Over TimeHousing Occupancy
| Group | 2011 | 2102 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Home Value | $81,400 | $86,300 | $83,500 | $81,500 | $84,100 | $85,100 | $85,900 | $87,900 | $92,300 | $93,500 | $119,000 | $124,400 | $151,500 | $148,200 |
| Less than $500: | 0 | 0.00% |
| $500 to $999: | 34 | 82.93% |
| $1,000 to $1,499: | 5 | 12.20% |
| $1,500 to $1,999: | 0 | 0.00% |
| $2,000 to $2,499: | 0 | 0.00% |
| $2,500 to $2,999: | 0 | 0.00% |
| $3,000 or more: | 0 | 0.00% |
| No Rent: | 2 | 4.88% |
| Total: | 41 | 100% |
| Group | 2011 | 2102 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Rent | $818 | $819 | $843 | $886 | $933 | $879 | $914 | $900 | $867 | $838 | $916 | $792 | $968 | $931 |
| Owner Occupied (with mortgage): | 107 | 44.96% |
| Owner Occupied (free and clear, no mortgage): | 90 | 37.82% |
| Renter Occupied: | 41 | 17.23% |
| Total Occupied Housing Units: | 238 | 100% |
| Occupied Housing Units: | 238 | 94.82% |
| Vacant Housing Units (not graphed): | 13 | 5.18% |
| Total Housing Units: | 251 | 100% |
| Single-Family Units: | 237 | 94.42% |
| Multi-Family Units: | 12 | 4.78% |
| Other Units: | 2 | 0.80% |
| Total Housing Units: | 251 | 100% |
In 2024, 12.30% of adults (25+) have a bachelor's degree or higher, which is far lower than the national rate (35.00%). High school or higher is 95.90%, which is far higher than the national rate (89.40%). The uninsured rate is 8.80%, which is on par with the state rate (7.60%). The share of people in poverty is 0.00%, which is comparable to the national rate (8.70%), down 8.00 percentage points since 2011 and below its 2019 pre-pandemic level by 3.00 percentage points. This points to a pronounced improvement in local conditions - rising incomes, firmer consumer demand, and a stronger tax base. Among residents ages 3+, the largest enrollment group is high school (33.04%). College enrollment is 29.46%, which is on par with the state rate (24.10%), meaning the community mirrors broader higher-education participation.
Explore More:Educational AttainmentHealth InsurancePoverty Over TimeSchool Enrollment
| Less than 9th grade: | 0 | 0.00% |
| 9th to 12th grade, no diploma: | 15 | 4.11% |
| High school graduate (includes equivalency): | 170 | 46.58% |
| Some college, no degree: | 71 | 19.45% |
| Associate's degree: | 64 | 17.53% |
| Bachelor's degree: | 34 | 9.32% |
| Graduate or professional degree: | 11 | 3.01% |
| Total: | 365 | 100% |
| High school or higher: | 350 | 95.89% |
| Bachelor's degree or higher: | 45 | 12.33% |
| Private Insurance: | 368 | 60.63% |
| Public Insurance: | 196 | 32.29% |
| No Insurance: | 43 | 7.08% |
| Total: | 607 | 100% |
| Has Health Insurance: | 564 | 92.92% |
| Group | 2011 | 2102 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| % of People in Poverty | 8.0% | 7.1% | 7.8% | 7.4% | 5.2% | 3.9% | 5.6% | 6.7% | 3.0% | 2.3% | 3.1% | 0.0% | 0.0% | 0.0% |
Note: Counts of Families & People in poverty are not published at the ZIP Code level due to small sample sizes. Percentages shown are survey estimates from the American Community Survey (ACS). They may differ from official poverty statistics. The U.S. Census Bureau defines poverty status by comparing a family's or individual's total income with federal poverty thresholds that vary by family size and composition.
| Nursery School, Preschool: | 5 | 4.46% |
| Kindergarten: | 2 | 1.79% |
| Elementary school (grades 1-8): | 35 | 31.25% |
| High school (grades 9-12): | 37 | 33.04% |
| College or graduate school: | 33 | 29.46% |
| Total: | 112 | 100% |
| Early Childhood: | 7 | 6.25% |
| K-12 (Primary & Secondary School): | 74 | 66.07% |
ZIP Code 47965 supports both business and residential activity. According to the Business Census (2024), there are 11 business establishments, employing about 42 people with an annual payroll of $1,555,000.
| # Residential Mailboxes: | 0Source: USPS |
| # Business Mailboxes: | 0Source: USPS |
| Total Delivery Receptacles: | 276Source: USPS |
| Single Family Delivery Units: | 0Source: USPS |
| Multi Family Delivery Units: | 0Source: USPS |
| # of Businesses: | 11Source: CBP |
| 1st Quarter Payroll: | $400,000Source: CBP |
| Annual Payroll: | $1,555,000Source: CBP |
| # of Employees: | 42Source: CBP |
ZIP Code 47965 is located in Montgomery County, Indiana, within the Crawfordsville, IN Metropolitan Statistical Area (CBSA 18820) and Indiana's 4th Congressional District. This Micro area has a population of 38,124 people, about 1.41% of whom live in ZIP Code 47965. It covers 0.395 sq mi of land and a water area of 0 sq mi.
| CBSA Name: | Crawfordsville, INSource: Census |
| CBSA Number: | 18820Source: Census |
| CBSA Type: | MicroSource: Census |
| CBSA Division: | --Source: Census |
| CBSA Population: | 38,124Source: Census |
| MSA: | Source: Census |
| Land Area: | 0.395 sq miSource: Census |
| Water Area: | --Source: Census |
| Congressional District: | 04Source: USPS |
| Congressional Land Area: | 6352.55 sq miSource: Census |
| PMSA: | Source: Census |
| Intro Date: | < 2004-10Source: ZIP-Codes.com |
| Place FIPS Code: | 1853262Source: Census |
| Place Name: | New Market town; IndianaSource: Census |
ZIP Code 47965 is in the South Montgomery Community School Corporation, which serves grades Kindergarten thru 12th. There are 1 public school(s) in this ZIP Code, and we have located 3 private school(s). It also has 6 colleges, universities or post secondary education institutions nearby which would be a short commute to.
Our sources include trusted federal and licensed data from the United States Postal Service, U.S. Census Bureau, U.S. Geological Survey, Centers for Medicare & Medicaid Services, and the National Center for Education Statistics, along with proprietary datasets created by ZIP-Codes.com. Data last updated on February 1, 2026.