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Demographics
Population
Median Income
Racial Distributions
The zip code 47863 in New Goshen, Indiana, is classified as a "Low Diversity" community as of 2022. The population is predominantly white, comprising 80% of the total. The community has a very small population of 5 people in 2022.
From 2013 to 2019, New Goshen was entirely white. A slight shift occurred in 2020-2021, with the white population decreasing to 75%, then increasing to 80% in 2022. This minor change does not alter the overall "Low Diversity" classification.
The median income in New Goshen has shown an overall upward trend from 2013 to 2022, with some fluctuations. In 2013, it was $58,619, peaking at $73,477 in 2017, dropping to $69,465 in 2019, and stabilizing at $72,599 in 2022.
The population has remained stable, fluctuating between 3 and 5 people throughout the decade, suggesting limited migration in or out of the area.
The median income in New Goshen ($72,599 in 2022) is higher than the national median household income (approximately $70,784 in 2021), indicating a relatively affluent community. The lack of significant demographic shifts in New Goshen contrasts with national trends of increasing diversity. The slight increase in diversity from 2020 onwards aligns with broader national trends, albeit on a much smaller scale.
New Goshen represents a case study of a very small, predominantly white community that has maintained its demographic composition and economic stability over the past decade. While there are indications of increasing diversity, the changes are minimal and the community remains categorized as "Low Diversity." The economic stability and relatively high median income suggest a comfortable standard of living for the few residents in this zip code.