47220 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 47220 is White. The majority race/ethnicity attending public schools in 47220 is White. The current unemployment level in 47220 is 3.6%.
| Population | 5,940 |
| Population Growth Rate | 0.57% |
| Population Density | 71 People per Square Mile |
| Total Households | 2,138 |
| Percentage High Income Households | 2.3% |
| Median Household Income (2021) | $60,035 |
| Average Adjusted Gross Income (2021) | $522,530 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 97.10% |
| Public School Majority Race/Ethnicty | White - 95.16% |
47220 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 5,531 | 97.1% |
| Black | 46 | 0.81% |
| Hispanic | 78 | 1.37% |
| Asian | 26 | 0.46% |
| Native American | 15 | 0.26% |
| Hawaiian/Pac. Islander | 0 | 0% |
47220 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 1,416 | 97.05% |
| Black | 1 | 0.07% |
| Hispanic | 35 | 2.4% |
| Asian | 3 | 0.21% |
| Native American | 4 | 0.27% |
| Hawaiian/Pac. Islander | 0 | 0% |
47220 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 372 | 11.69% |
| Bachelor Degree | 310 | 9.74% |
| High School Diploma | 1,323 | 41.56% |
| No High School Diploma | 23 | 0.72% |
| GED or Alternate | 188 | 5.91% |
| 1 or More Years of College | 371 | 11.66% |
| Associates Degree | 398 | 12.5% |
| Masters Degree | 184 | 5.78% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 14 | 0.44% |