46816 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 46816 is White. The majority race/ethnicity attending public schools in 46816 is Asian. The current unemployment level in 46816 is 3.6%.
| Population | 19,501 |
| Population Growth Rate | 6.33% |
| Population Density | 537 People per Square Mile |
| Total Households | 7,382 |
| Percentage High Income Households | 0.3% |
| Median Household Income (2021) | $40,734 |
| Average Adjusted Gross Income (2021) | $403,520 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 39.01% |
| Public School Majority Race/Ethnicty | Asian - 45.37% |
46816 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 7,632 | 39.01% |
| Black | 6,169 | 31.53% |
| Hispanic | 1,915 | 9.79% |
| Asian | 3,838 | 19.62% |
| Native American | 12 | 0.06% |
| Hawaiian/Pac. Islander | 0 | 0% |
46816 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 248 | 12.02% |
| Black | 527 | 25.55% |
| Hispanic | 308 | 14.93% |
| Asian | 980 | 47.5% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
46816 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 799 | 8.12% |
| Bachelor Degree | 1,212 | 12.32% |
| High School Diploma | 3,870 | 39.33% |
| No High School Diploma | 281 | 2.86% |
| GED or Alternate | 423 | 4.3% |
| 1 or More Years of College | 1,963 | 19.95% |
| Associates Degree | 942 | 9.57% |
| Masters Degree | 313 | 3.18% |
| Professional Degree | 24 | 0.24% |
| Doctorate Degree | 12 | 0.12% |