47023 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 47023 is White. The current unemployment level in 47023 is 3.6%.
| Population | 2,156 |
| Population Growth Rate | 0.00% |
| Population Density | 25 People per Square Mile |
| Total Households | 650 |
| Percentage High Income Households | 1.2% |
| Median Household Income (2021) | $64,200 |
| Average Adjusted Gross Income (2021) | $155,730 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 97.38% |
47023 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,080 | 97.38% |
| Black | 19 | 0.89% |
| Hispanic | 37 | 1.73% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47023 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 39 | 4.43% |
| Bachelor Degree | 54 | 6.14% |
| High School Diploma | 537 | 61.02% |
| No High School Diploma | 4 | 0.45% |
| GED or Alternate | 95 | 10.8% |
| 1 or More Years of College | 71 | 8.07% |
| Associates Degree | 54 | 6.14% |
| Masters Degree | 26 | 2.95% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 0 | 0% |