47541 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 47541 is White. The majority race/ethnicity attending public schools in 47541 is White. The current unemployment level in 47541 is 3.6%.
| Population | 1,155 |
| Population Growth Rate | -7.89% |
| Population Density | 66 People per Square Mile |
| Total Households | 413 |
| Median Household Income (2021) | $68,095 |
| Average Adjusted Gross Income (2021) | $355,000 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | White - 94.81% |
| Public School Majority Race/Ethnicity | White - 93.42% |
47541 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 1,077 | 94.81% |
| Black | 1 | 0.09% |
| Hispanic | 55 | 4.84% |
| Asian | 2 | 0.18% |
| Native American | 1 | 0.09% |
| Hawaiian/Pac. Islander | 0 | 0% |
47541 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 227 | 94.58% |
| Black | 1 | 0.42% |
| Hispanic | 12 | 5% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47541 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 74 | 10.65% |
| Bachelor Degree | 64 | 9.21% |
| High School Diploma | 319 | 45.9% |
| No High School Diploma | 8 | 1.15% |
| GED or Alternate | 12 | 1.73% |
| 1 or More Years of College | 103 | 14.82% |
| Associates Degree | 76 | 10.94% |
| Masters Degree | 35 | 5.04% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 4 | 0.58% |
