47305 can be classified socioeconomically as Lower 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 47305 is White. The majority race/ethnicity attending public schools in 47305 is White. The current unemployment level in 47305 is 3.6%.
| Population | 3,193 |
| Population Growth Rate | -14.26% |
| Population Density | 2,271 People per Square Mile |
| Total Households | 1,783 |
| Median Household Income (2021) | $26,052 |
| Average Adjusted Gross Income (2021) | $207,690 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 80.15% |
| Public School Majority Race/Ethnicty | White - 60.87% |
47305 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,386 | 80.15% |
| Black | 438 | 14.71% |
| Hispanic | 134 | 4.5% |
| Asian | 19 | 0.64% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47305 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,285 | 68.68% |
| Black | 451 | 24.1% |
| Hispanic | 113 | 6.04% |
| Asian | 12 | 0.64% |
| Native American | 8 | 0.43% |
| Hawaiian/Pac. Islander | 2 | 0.11% |
47305 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 233 | 10.76% |
| Bachelor Degree | 230 | 10.62% |
| High School Diploma | 564 | 26.05% |
| No High School Diploma | 55 | 2.54% |
| GED or Alternate | 302 | 13.95% |
| 1 or More Years of College | 419 | 19.35% |
| Associates Degree | 111 | 5.13% |
| Masters Degree | 211 | 9.75% |
| Professional Degree | 6 | 0.28% |
| Doctorate Degree | 34 | 1.57% |