46408 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 46408 is African American. The majority race/ethnicity attending public schools in 46408 is African American. The current unemployment level in 46408 is 3.6%.
| Population | 15,368 |
| Population Growth Rate | 0% |
| Population Density | 1,618 People per Square Mile |
| Total Households | 5,970 |
| Percentage High Income Households | 0.6% |
| Median Household Income (2021) | $39,905 |
| Average Adjusted Gross Income (2021) | $333,170 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | African American - 45.03% |
| Public School Majority Race/Ethnicity | African American - 53.48% |
46408 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 5,863 | 37.41% |
| Black | 7,051 | 44.99% |
| Hispanic | 2,673 | 17.05% |
| Asian | 64 | 0.41% |
| Native American | 7 | 0.04% |
| Hawaiian/Pac. Islander | 16 | 0.1% |
46408 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 626 | 24.51% |
| Black | 1,443 | 56.5% |
| Hispanic | 481 | 18.83% |
| Asian | 2 | 0.08% |
| Native American | 2 | 0.08% |
| Hawaiian/Pac. Islander | 0 | 0% |
46408 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 599 | 6.46% |
| Bachelor Degree | 842 | 9.08% |
| High School Diploma | 3,498 | 37.74% |
| No High School Diploma | 309 | 3.33% |
| GED or Alternate | 618 | 6.67% |
| 1 or More Years of College | 2,474 | 26.69% |
| Associates Degree | 632 | 6.82% |
| Masters Degree | 278 | 3% |
| Professional Degree | 14 | 0.15% |
| Doctorate Degree | 5 | 0.05% |
