47240 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 47240 is White. The majority race/ethnicity attending public schools in 47240 is White. The current unemployment level in 47240 is 2.7%.
| Population | 21,755 |
| Population Growth Rate | 0.00% |
| Population Density | 72 People per Square Mile |
| Total Households | 8,262 |
| Percentage High Income Households | 1.1% |
| Median Household Income (2021) | $65,208 |
| Average Adjusted Gross Income (2020) | $58,300 |
| Current Unemployment Rate (April 2024) | 2.7% |
| Majority Race/Ethnicty | White - 95.83% |
| Public School Majority Race/Ethnicty | White - 93.24% |
47240 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 20,780 | 95.83% |
| Black | 40 | 0.18% |
| Hispanic | 522 | 2.41% |
| Asian | 342 | 1.58% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47240 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 3,750 | 95.52% |
| Black | 16 | 0.41% |
| Hispanic | 136 | 3.46% |
| Asian | 15 | 0.38% |
| Native American | 6 | 0.15% |
| Hawaiian/Pac. Islander | 3 | 0.08% |
47240 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,100 | 8.78% |
| Bachelor Degree | 1,280 | 10.22% |
| High School Diploma | 5,803 | 46.32% |
| No High School Diploma | 167 | 1.33% |
| GED or Alternate | 880 | 7.02% |
| 1 or More Years of College | 1,556 | 12.42% |
| Associates Degree | 1,004 | 8.01% |
| Masters Degree | 609 | 4.86% |
| Professional Degree | 88 | 0.7% |
| Doctorate Degree | 42 | 0.34% |