46342 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 46342 is White. The majority race/ethnicity attending public schools in 46342 is White. The current unemployment level in 46342 is 3.6%.
| Population | 32,049 |
| Population Growth Rate | 4.63% |
| Population Density | 924 People per Square Mile |
| Total Households | 11,817 |
| Percentage High Income Households | 1% |
| Median Household Income (2021) | $64,113 |
| Average Adjusted Gross Income (2021) | $345,550 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | White - 75.35% |
| Public School Majority Race/Ethnicity | White - 57.25% |
46342 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 25,655 | 75.28% |
| Black | 2,357 | 6.92% |
| Hispanic | 5,620 | 16.49% |
| Asian | 368 | 1.08% |
| Native American | 46 | 0.13% |
| Hawaiian/Pac. Islander | 32 | 0.09% |
46342 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 2,972 | 59.57% |
| Black | 448 | 8.98% |
| Hispanic | 1,508 | 30.23% |
| Asian | 41 | 0.82% |
| Native American | 18 | 0.36% |
| Hawaiian/Pac. Islander | 2 | 0.04% |
46342 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,464 | 7.77% |
| Bachelor Degree | 2,181 | 11.57% |
| High School Diploma | 7,520 | 39.9% |
| No High School Diploma | 410 | 2.18% |
| GED or Alternate | 1,162 | 6.16% |
| 1 or More Years of College | 3,714 | 19.7% |
| Associates Degree | 1,454 | 7.71% |
| Masters Degree | 767 | 4.07% |
| Professional Degree | 124 | 0.66% |
| Doctorate Degree | 53 | 0.28% |
