47203 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 47203 is White. The majority race/ethnicity attending public schools in 47203 is White. The current unemployment level in 47203 is 3.6%.
| Population | 25,177 |
| Population Growth Rate | -5.24% |
| Population Density | 313 People per Square Mile |
| Total Households | 10,504 |
| Percentage High Income Households | 4.9% |
| Median Household Income (2021) | $69,744 |
| Average Adjusted Gross Income (2021) | $458,460 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 87.04% |
| Public School Majority Race/Ethnicty | White - 62.92% |
47203 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 21,588 | 87.04% |
| Black | 232 | 0.94% |
| Hispanic | 1,224 | 4.93% |
| Asian | 1,738 | 7.01% |
| Native American | 21 | 0.08% |
| Hawaiian/Pac. Islander | 0 | 0% |
47203 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 650 | 66.26% |
| Black | 33 | 3.36% |
| Hispanic | 244 | 24.87% |
| Asian | 51 | 5.2% |
| Native American | 3 | 0.31% |
| Hawaiian/Pac. Islander | 0 | 0% |
47203 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,179 | 7.03% |
| Bachelor Degree | 3,110 | 18.56% |
| High School Diploma | 5,358 | 31.97% |
| No High School Diploma | 124 | 0.74% |
| GED or Alternate | 501 | 2.99% |
| 1 or More Years of College | 2,766 | 16.5% |
| Associates Degree | 1,444 | 8.62% |
| Masters Degree | 1,749 | 10.44% |
| Professional Degree | 278 | 1.66% |
| Doctorate Degree | 251 | 1.5% |