46406 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Indiana based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 46406 is African American. The majority race/ethnicity attending public schools in 46406 is African American. The current unemployment level in 46406 is 3.6%.
| Population | 8,730 |
| Population Growth Rate | -10.66% |
| Population Density | 752 People per Square Mile |
| Total Households | 3,613 |
| Percentage High Income Households | 0.6% |
| Median Household Income (2021) | $33,750 |
| Average Adjusted Gross Income (2021) | $143,140 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | African American - 60.99% |
| Public School Majority Race/Ethnicty | African American - 89.34% |
46406 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,129 | 25.02% |
| Black | 5,189 | 60.99% |
| Hispanic | 1,151 | 13.53% |
| Asian | 5 | 0.06% |
| Native American | 34 | 0.4% |
| Hawaiian/Pac. Islander | 0 | 0% |
46406 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 26 | 0.82% |
| Black | 2,941 | 93.19% |
| Hispanic | 183 | 5.8% |
| Asian | 0 | 0% |
| Native American | 6 | 0.19% |
| Hawaiian/Pac. Islander | 0 | 0% |
46406 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 483 | 9.2% |
| Bachelor Degree | 352 | 6.71% |
| High School Diploma | 2,561 | 48.8% |
| No High School Diploma | 227 | 4.33% |
| GED or Alternate | 323 | 6.15% |
| 1 or More Years of College | 883 | 16.83% |
| Associates Degree | 264 | 5.03% |
| Masters Degree | 140 | 2.67% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 15 | 0.29% |