U.S. ZIP Code · IN47362
Henry County
Appreciation
- 1-year
- +1.7%
- 5-year / yr
- +6.9%
- 10-year / yr
- +8.4%
Relative price
- vs U.S.
- -41.0%
- vs metro
- —
- vs state
- -27.5%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 47362 is worth $167,635. Over the past year, values have risen 1.7%. Homes here rent for a typical $856 a month — a 6.1% gross rental yield. The effective property tax rate is 0.8%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Henry County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Low[4]
- Riverine flood
- Relatively Low
- Coastal flood
- Not Applicable
- Wildfire
- Very Low
- Drought
- Relatively Low
- Heat wave
- Very Low
- Hurricane
- Very Low
- Tornado
- Relatively Moderate
- Earthquake
- Relatively Low
- Winter weather
- Relatively Low
#Who lives here
#Migration
Household moves in and out of Henry County over a year, from IRS tax-return data.
- Net migration
- +20[5]
- Moved in
- 1,117
- Moved out
- 1,097
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 9
- Elementary
- 6
- Middle
- 1
- High
- 2
New Castle High School
High · Grades 9–12 · New Castle Community School Corp
824 students
New Castle Middle School
Middle · Grades 6–8 · New Castle Community School Corp
633 students
Wilbur Wright Elementary School
Elementary · Grades PK–6 · New Castle Community School Corp
327 students
Blue River Valley Elementary Sch
Elementary · Grades PK–6 · Blue River Valley Schools
317 students
Blue River Valley Jr-Sr High Sch
High · Grades 7–12 · Blue River Valley Schools
297 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
Renting is meaningfully cheaper month-to-month.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 47362?
- The typical home in 47362 is worth $167,635, based on the Zillow Home Value Index.
- Are home values rising in 47362?
- Home values in 47362 are up 1.7% over the past year, and up 6.9% a year over five years.
- What is the typical rent in 47362?
- A typical home in 47362 rents for about $856 a month, a gross rental yield of 6.1%.
- What is the property tax rate in 47362?
- The effective property tax rate in 47362 is 0.8% — roughly $1,271 a year on a typical home.
- Who lives in 47362?
- ZIP code 47362 has a population of 29,337 and a median household income of $60,258.
Compare ZIPs
Pit ZIP 47362 against any other ZIP — full side-by-side table.
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