47963 ZIP Code – Morocco, Indiana

47963 is a ZIP code serving Morocco, Indiana in Newton County with a population of approximately 2,405 residents. Residents earn a median household income of $69,282, which is near the Indiana average and near the national figure. Homes in this ZIP code have a median value of $141,400, well below the national average, with 80.5% owner-occupied housing (increasing). , with median rent coming in at $753 — below the national figure. Housing consists of 92% single-family (decreasing), 6% duplex/multi-family.

The area reports an unemployment rate of 6.2%, above the national average. An estimated 5.3% of the population falls below the poverty line, well below the national figure. Bachelor's degree attainment is 11.9%, well below the national average. The median age is 38.6, near the national median. The surrounding area includes ZIP codes 47964, 47922, 60912.

ZIP Code 47963 Data

Population 2,405
Median Household Income $69,282
Median Home Value $141,400
Median Rent $753
Median Age 38.6
Unemployment Rate 6.2%
Poverty Rate 5.3%
Bachelor's Degree or Higher 11.9%
County Newton County
State Indiana

ZIP 47963 vs. Indiana vs. U.S.

MetricZIP 47963IN Avg.U.S. Avg.
Population2,4058,64210k
Median Household Income$69k$69k$73k
Median Home Value$141k$165k$258k
Median Rent$753$898$1,088
Median Age38.641.043.2
Unemployment Rate6.2%4.2%5.0%
Poverty Rate5.3%11.3%13.3%
Bachelor's Degree or Higher11.9%21.0%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
47964 MOUNT AYR 85 $46,750
47922 BROOK 1,392 $53,939
60912 BEAVERVILLE 565 $62,727
60931 DONOVAN 594 $47,232
46349 LAKE VILLAGE 2,866 $73,519