47320 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 47320 is White. The majority race/ethnicity attending public schools in 47320 is White. The current unemployment level in 47320 is 3.6%.
| Population | 4,320 |
| Population Growth Rate | 0.00% |
| Population Density | 129 People per Square Mile |
| Total Households | 1,719 |
| Percentage High Income Households | 3.7% |
| Median Household Income (2021) | $52,951 |
| Average Adjusted Gross Income (2021) | $566,180 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 97.17% |
| Public School Majority Race/Ethnicty | White - 94.44% |
47320 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 4,223 | 97.15% |
| Black | 14 | 0.32% |
| Hispanic | 91 | 2.09% |
| Asian | 18 | 0.41% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 1 | 0.02% |
47320 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 272 | 96.8% |
| Black | 0 | 0% |
| Hispanic | 5 | 1.78% |
| Asian | 2 | 0.71% |
| Native American | 2 | 0.71% |
| Hawaiian/Pac. Islander | 0 | 0% |
47320 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 204 | 7.77% |
| Bachelor Degree | 272 | 10.36% |
| High School Diploma | 1,015 | 38.65% |
| No High School Diploma | 55 | 2.09% |
| GED or Alternate | 178 | 6.78% |
| 1 or More Years of College | 378 | 14.39% |
| Associates Degree | 300 | 11.42% |
| Masters Degree | 153 | 5.83% |
| Professional Degree | 41 | 1.56% |
| Doctorate Degree | 30 | 1.14% |