47403 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 47403 is White. The majority race/ethnicity attending public schools in 47403 is White. The current unemployment level in 47403 is 3.6%.
| Population | 34,165 |
| Population Growth Rate | 1.19% |
| Population Density | 406 People per Square Mile |
| Total Households | 13,132 |
| Percentage High Income Households | 0.6% |
| Median Household Income (2021) | $60,024 |
| Average Adjusted Gross Income (2021) | $448,840 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 86.17% |
| Public School Majority Race/Ethnicty | White - 75.34% |
47403 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 28,886 | 86.17% |
| Black | 2,027 | 6.05% |
| Hispanic | 1,882 | 5.61% |
| Asian | 660 | 1.97% |
| Native American | 68 | 0.2% |
| Hawaiian/Pac. Islander | 0 | 0% |
47403 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,958 | 81.72% |
| Black | 196 | 8.18% |
| Hispanic | 191 | 7.97% |
| Asian | 38 | 1.59% |
| Native American | 9 | 0.38% |
| Hawaiian/Pac. Islander | 4 | 0.17% |
47403 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,475 | 8.23% |
| Bachelor Degree | 3,571 | 19.94% |
| High School Diploma | 4,617 | 25.78% |
| No High School Diploma | 313 | 1.75% |
| GED or Alternate | 1,100 | 6.14% |
| 1 or More Years of College | 3,104 | 17.33% |
| Associates Degree | 1,489 | 8.31% |
| Masters Degree | 1,757 | 9.81% |
| Professional Degree | 229 | 1.28% |
| Doctorate Degree | 257 | 1.43% |