47116 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 47116 is White. The majority race/ethnicity attending public schools in 47116 is White. The current unemployment level in 47116 is 4.3%.
| Population | 416 |
| Population Growth Rate | -22.84% |
| Population Density | 13 People per Square Mile |
| Total Households | 352 |
| Median Household Income (2021) | $35,750 |
| Average Adjusted Gross Income (2021) | $152,570 |
| Current Unemployment Rate (November 2024) | 4.3% |
| Majority Race/Ethnicty | White - 100.00% |
| Public School Majority Race/Ethnicty | White - 94.21% |
47116 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 446 | 100% |
| Black | 0 | 0% |
| Hispanic | 0 | 0% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47116 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 179 | 98.35% |
| Black | 0 | 0% |
| Hispanic | 3 | 1.65% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47116 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 8 | 2.09% |
| Bachelor Degree | 23 | 6.01% |
| High School Diploma | 204 | 53.26% |
| No High School Diploma | 0 | 0% |
| GED or Alternate | 28 | 7.31% |
| 1 or More Years of College | 65 | 16.97% |
| Associates Degree | 34 | 8.88% |
| Masters Degree | 10 | 2.61% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 11 | 2.87% |