47550 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 47550 is White. The majority race/ethnicity attending public schools in 47550 is White. The current unemployment level in 47550 is 3.6%.
| Population | 628 |
| Population Growth Rate | -23.78% |
| Population Density | 20 People per Square Mile |
| Total Households | 294 |
| Median Household Income (2021) | $68,571 |
| Average Adjusted Gross Income (2021) | $154,150 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 98.52% |
| Public School Majority Race/Ethnicty | White - 95.01% |
47550 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 533 | 98.52% |
| Black | 0 | 0% |
| Hispanic | 8 | 1.48% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47550 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 362 | 96.53% |
| Black | 4 | 1.07% |
| Hispanic | 7 | 1.87% |
| Asian | 2 | 0.53% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47550 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 61 | 11.6% |
| Bachelor Degree | 35 | 6.65% |
| High School Diploma | 226 | 42.97% |
| No High School Diploma | 7 | 1.33% |
| GED or Alternate | 0 | 0% |
| 1 or More Years of College | 129 | 24.52% |
| Associates Degree | 48 | 9.13% |
| Masters Degree | 20 | 3.8% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 0 | 0% |