47431 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 47431 is White. The current unemployment level in 47431 is 3.6%.
| Population | 1,689 |
| Population Growth Rate | 0.00% |
| Population Density | 37 People per Square Mile |
| Total Households | 474 |
| Median Household Income (2021) | $67,417 |
| Average Adjusted Gross Income (2021) | $146,760 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 99.27% |
47431 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,643 | 99.27% |
| Black | 0 | 0% |
| Hispanic | 12 | 0.73% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47431 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 42 | 6.04% |
| Bachelor Degree | 80 | 11.51% |
| High School Diploma | 340 | 48.92% |
| No High School Diploma | 33 | 4.75% |
| GED or Alternate | 14 | 2.01% |
| 1 or More Years of College | 109 | 15.68% |
| Associates Degree | 54 | 7.77% |
| Masters Degree | 23 | 3.31% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 0 | 0% |