Comparison to Surrounding Areas
The median household income ($-1) for 47863 is less than 47885 ($67,588), Vigo County ($52,976), and New Goshen CDP ($68,214).
| 47863 | $-1 |
| New Goshen CDP | $68,214 |
| Vigo County | $52,976 |
Get Median Household Income for all Zip Codes in Indiana.
The average household income ($64,181) for 47863 is less than 47885 ($95,218), Vigo County ($73,677), and New Goshen CDP ($69,450).
| 47863 | $64,181 |
| New Goshen CDP | $69,450 |
| Vigo County | $73,677 |
Get Average Household Income for all Zip Codes in Indiana.
The per-capita income for 47863 is $26,741. The per capita income ($26,741) for 47863 is less than the per capita income for 47885 ($34,822) and Vigo County ($30,731). But it's more than New Goshen CDP ($24,654).
| 47863 | $26,741 |
| New Goshen CDP | $24,654 |
| Vigo County | $30,731 |
Get Per-Capita Income for all Zip Codes in Indiana.
0% of households make over $200,000 a year. The percent high income households (0.0%) for 47863 is less than 47885 (7.6%) and Vigo County (4.7%). And it's the same as New Goshen CDP (0.0%).
| 47863 | 0.0% |
| New Goshen CDP | 0.0% |
| Vigo County | 4.7% |
Get High Income Households for all Zip Codes in Indiana.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 47863 | $-1 | $-1 | $-1 | $-1 |
| New Goshen CDP | $-1 | $96,976 | $50,000 | $24,844 |
| Vigo County | $22,253 | $59,474 | $66,192 | $43,356 |
Get Median Household Income by Age of Householder for all Zip Codes in Indiana.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 47863 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 47863 | +/-$-1 | +/-$29,093 | +/-$9,886 | +/-33.7% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| New Goshen CDP | +/-$46,052 | +/-$17,648 | +/-$4,994 | +/-20.5% | +/-$-1 | +/-$20,203 | +/-$39,531 | +/-$18,845 |
| Vigo County | +/-$2,432 | +/-$2,902 | +/-$1,145 | +/-0.7% | +/-$5,834 | +/-$5,284 | +/-$7,776 | +/-$3,584 |