47150 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 47150 is White. The majority race/ethnicity attending public schools in 47150 is White. The current unemployment level in 47150 is 3.6%.
| Population | 49,722 |
| Population Growth Rate | 0% |
| Population Density | 1,148 People per Square Mile |
| Total Households | 19,401 |
| Percentage High Income Households | 1.7% |
| Median Household Income (2021) | $57,843 |
| Average Adjusted Gross Income (2021) | $429,720 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | White - 85.92% |
| Public School Majority Race/Ethnicity | White - 65.18% |
47150 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 41,927 | 85.9% |
| Black | 3,762 | 7.71% |
| Hispanic | 2,390 | 4.9% |
| Asian | 648 | 1.33% |
| Native American | 71 | 0.15% |
| Hawaiian/Pac. Islander | 9 | 0.02% |
47150 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 4,369 | 72.87% |
| Black | 944 | 15.74% |
| Hispanic | 582 | 9.71% |
| Asian | 80 | 1.33% |
| Native American | 11 | 0.18% |
| Hawaiian/Pac. Islander | 10 | 0.17% |
47150 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 2,240 | 8.15% |
| Bachelor Degree | 4,165 | 15.15% |
| High School Diploma | 9,211 | 33.51% |
| No High School Diploma | 610 | 2.22% |
| GED or Alternate | 1,985 | 7.22% |
| 1 or More Years of College | 4,998 | 18.18% |
| Associates Degree | 2,297 | 8.36% |
| Masters Degree | 1,554 | 5.65% |
| Professional Degree | 302 | 1.1% |
| Doctorate Degree | 123 | 0.45% |
