Swoveland Excavating Inc

Excavation contractor in New Castle, IN 47362

About this company

Swoveland Excavating Inc is listed as an excavation contractor based in New Castle, Indiana, in Henry County. Federal motor carrier records list 4 drivers and 3 trucks for the company. It is one of 5 excavation and demolition companies in ZIP 47362.

Other excavation and demolition companies nearby

Fred's Excavating5178 W County Road 200 N, New Castle

(765) 524-2328

Fleet size

Drivers4

Trucks3

Last federal filing: Oct 2025. Source: FMCSA.

Soft market, crowded fieldArea profitability for excavation and demolition in ZIP 47362

Housing demand28

Sales pace, new listings and new construction. Source: Zillow

Customer spending power24

Household income and home values

Room for another company17

More crowded than 83% of US ZIPs

Scored against every US ZIP. An index of local conditions, not this company's results.

County context

One of 7 excavation and demolition companies in Henry County, IN.

33 general contractors in Henry County, IN.

All 83 construction companies in Henry County, IN.

ZIP 47362 at a glance

Population: 29,337 (77 per sq mi)
Median age: 42
Households: Median income $60,258 · 23% earn six figures
Housing: 72% owner-occupied
Workforce: 52% labor-force participation · 4.2% unemployment

ZIP figures are US Census estimates for the ZIP area, not the company.

Housing market around ZIP 47362

Figures describe the local area, not this company.

Typical home value$168,000+2.3% past year · +125% in 10 years

Typical rent$854

12-month value outlook+2.5%

New homes permitted, 202544Henry County

Days to sale agreement26New Castle metro · 12 a year ago

Listings with a price cut35.4%New Castle metro

Sale price vs list96.4%New Castle metro

Source: Zillow (home values, rent, outlook and metro sales), data through Sep 2026. Permits: U.S. Census Bureau.

Typical home value, last 10 years

Source: Zillow Home Value Index, Sep 2026.

Local building angle: Henry County permitted 44 new homes in 2025. 8% of the homes in this ZIP were built since 2000.

Local figures are estimates from public records and Zillow housing data, updated regularly.