46407 can be classified socioeconomically as Lower 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 46407 is African American. The majority race/ethnicity attending public schools in 46407 is African American. The current unemployment level in 46407 is 3.6%.
| Population | 9,125 |
| Population Growth Rate | -16.51% |
| Population Density | 1,984 People per Square Mile |
| Total Households | 5,191 |
| Percentage High Income Households | 0.4% |
| Median Household Income (2021) | $26,613 |
| Average Adjusted Gross Income (2021) | $143,240 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | African American - 94.72% |
| Public School Majority Race/Ethnicty | African American - 93.76% |
46407 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 319 | 3.3% |
| Black | 9,167 | 94.72% |
| Hispanic | 124 | 1.28% |
| Asian | 63 | 0.65% |
| Native American | 5 | 0.05% |
| Hawaiian/Pac. Islander | 0 | 0% |
46407 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 5 | 0.39% |
| Black | 1,232 | 95.5% |
| Hispanic | 50 | 3.88% |
| Asian | 1 | 0.08% |
| Native American | 1 | 0.08% |
| Hawaiian/Pac. Islander | 1 | 0.08% |
46407 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 577 | 8.49% |
| Bachelor Degree | 565 | 8.32% |
| High School Diploma | 2,673 | 39.34% |
| No High School Diploma | 124 | 1.83% |
| GED or Alternate | 366 | 5.39% |
| 1 or More Years of College | 1,716 | 25.26% |
| Associates Degree | 555 | 8.17% |
| Masters Degree | 128 | 1.88% |
| Professional Degree | 30 | 0.44% |
| Doctorate Degree | 60 | 0.88% |