47404 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 47404 is White. The majority race/ethnicity attending public schools in 47404 is White. The current unemployment level in 47404 is 3.6%.
| Population | 23,680 |
| Population Growth Rate | 2.58% |
| Population Density | 444 People per Square Mile |
| Total Households | 8,764 |
| Percentage High Income Households | 1.3% |
| Median Household Income (2021) | $47,121 |
| Average Adjusted Gross Income (2021) | $476,720 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 89.10% |
| Public School Majority Race/Ethnicty | White - 76.37% |
47404 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 20,672 | 89.1% |
| Black | 964 | 4.15% |
| Hispanic | 643 | 2.77% |
| Asian | 922 | 3.97% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47404 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,996 | 82.95% |
| Black | 263 | 7.28% |
| Hispanic | 230 | 6.37% |
| Asian | 114 | 3.16% |
| Native American | 6 | 0.17% |
| Hawaiian/Pac. Islander | 3 | 0.08% |
47404 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 600 | 5.24% |
| Bachelor Degree | 2,476 | 21.62% |
| High School Diploma | 3,079 | 26.88% |
| No High School Diploma | 173 | 1.51% |
| GED or Alternate | 586 | 5.12% |
| 1 or More Years of College | 2,006 | 17.51% |
| Associates Degree | 1,020 | 8.91% |
| Masters Degree | 1,141 | 9.96% |
| Professional Degree | 163 | 1.42% |
| Doctorate Degree | 210 | 1.83% |