Question 1

Is 47362 a safe area?

Accepted Answer

ZIP code 47362 in New Castle has a crime score of 50/100, which is roughly average for the region. Reported incidents per 1,000 residents track close to the New Castle city median. Both violent and property crime fall within the expected range for an urban ZIP code. Reviewing the Full Crime Report for 47362 and checking the local police department's crime mapping tool for current incident patterns before making decisions is recommended.

Question 2

What are the best schools near 47362?

Accepted Answer

ZIP code 47362 has a school score of 100/100, based on NCES EdFacts math and reading proficiency data for public schools in and near ZIP 47362. Schools in this area perform significantly above state averages — proficiency rates consistently outpace both the city and national benchmarks. For families prioritizing public school quality, 47362 ranks among the stronger ZIP codes in New Castle. Scores reflect SY 2020-21 EdFacts assessment data; individual school performance may vary, and reviewing each school's most recent state report card is recommended.

Question 3

What is the average home price in 47362?

Accepted Answer

The median home sale price in 47362 is approximately $168K, based on recent Zillow Research ZHVI data. This places 47362 at a premium relative to the metro median, reflecting the neighborhood's above-average crime and school scores. Median rent in 47362 is available in the Full Market Report. Prices fluctuate with market conditions; Zillow data reflects trailing sale prices, not current listing prices.

Question 4

Is 47362 a good place to live?

Accepted Answer

ZIP code 47362 has an overall NeighborScore of 71/100, placing it in the moderate range for New Castle. The score combines crime rate (40% weight), school quality (35%), and relative property value (25%), each normalized to the metro area. At 71/100, 47362 scores similarly to the middle tier of New Castle neighborhoods — neither among the strongest nor the weakest performers. Individual priorities (commute, school age, budget) should guide how much weight you give this composite vs. the component scores.

New Castle — ZIP 47362

Real Estate Snapshot

Crime Overview

Nearby Schools

Demographics

Map

Frequently Asked Questions

Nearby Neighborhoods

School	Grades	Students	Math ↓	Reading
Blue River Valley Elementary Sch	PK–06	—	—	—
Blue River Valley Jr-Sr High Sch	07–12	—	—	—
James Whitcomb Riley Elem School	PK–06	—	—	—
New Castle Middle School	06–08	—	—	—
New Castle High School	09–12	—	—	—
Westwood Elementary School	KG–06	—	—	—
Wilbur Wright Elementary School	PK–06	—	—	—
Eastwood Elementary School	PK–06	—	—	—
Parker Elementary School	PK–05	—	—	—