47338 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 47338 is White. The majority race/ethnicity attending public schools in 47338 is White. The current unemployment level in 47338 is 3.6%.
| Population | 2,465 |
| Population Growth Rate | -8.36% |
| Population Density | 89 People per Square Mile |
| Total Households | 1,090 |
| Percentage High Income Households | 0.8% |
| Median Household Income (2021) | $58,167 |
| Average Adjusted Gross Income (2021) | $261,230 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | White - 96.22% |
| Public School Majority Race/Ethnicity | White - 93.91% |
47338 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 2,342 | 96.22% |
| Black | 0 | 0% |
| Hispanic | 92 | 3.78% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47338 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 293 | 97.02% |
| Black | 1 | 0.33% |
| Hispanic | 4 | 1.32% |
| Asian | 1 | 0.33% |
| Native American | 3 | 0.99% |
| Hawaiian/Pac. Islander | 0 | 0% |
47338 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 98 | 5.86% |
| Bachelor Degree | 170 | 10.16% |
| High School Diploma | 775 | 46.32% |
| No High School Diploma | 53 | 3.17% |
| GED or Alternate | 128 | 7.65% |
| 1 or More Years of College | 222 | 13.27% |
| Associates Degree | 126 | 7.53% |
| Masters Degree | 66 | 3.95% |
| Professional Degree | 35 | 2.09% |
| Doctorate Degree | 0 | 0% |
