46516 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 46516 is White. The majority race/ethnicity attending public schools in 46516 is Hispanic. The current unemployment level in 46516 is 3.6%.
| Population | 30,993 |
| Population Growth Rate | 0.00% |
| Population Density | 1,661 People per Square Mile |
| Total Households | 11,787 |
| Percentage High Income Households | 1.1% |
| Median Household Income (2021) | $50,080 |
| Average Adjusted Gross Income (2021) | $631,680 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 67.75% |
| Public School Majority Race/Ethnicty | Hispanic - 37.45% |
46516 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 23,526 | 67.61% |
| Black | 4,600 | 13.22% |
| Hispanic | 6,340 | 18.22% |
| Asian | 229 | 0.66% |
| Native American | 31 | 0.09% |
| Hawaiian/Pac. Islander | 72 | 0.21% |
46516 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 847 | 39.19% |
| Black | 422 | 19.53% |
| Hispanic | 865 | 40.03% |
| Asian | 26 | 1.2% |
| Native American | 1 | 0.05% |
| Hawaiian/Pac. Islander | 0 | 0% |
46516 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,689 | 10.3% |
| Bachelor Degree | 1,828 | 11.15% |
| High School Diploma | 6,093 | 37.17% |
| No High School Diploma | 876 | 5.34% |
| GED or Alternate | 1,197 | 7.3% |
| 1 or More Years of College | 2,531 | 15.44% |
| Associates Degree | 1,286 | 7.84% |
| Masters Degree | 703 | 4.29% |
| Professional Degree | 95 | 0.58% |
| Doctorate Degree | 95 | 0.58% |