47620 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 47620 is White. The majority race/ethnicity attending public schools in 47620 is White. The current unemployment level in 47620 is 3.6%.
| Population | 12,738 |
| Population Growth Rate | -0.93% |
| Population Density | 59 People per Square Mile |
| Total Households | 5,255 |
| Percentage High Income Households | 3% |
| Median Household Income (2021) | $66,294 |
| Average Adjusted Gross Income (2021) | $373,130 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | White - 94.61% |
| Public School Majority Race/Ethnicity | White - 90.04% |
47620 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 11,831 | 94.61% |
| Black | 326 | 2.61% |
| Hispanic | 299 | 2.39% |
| Asian | 38 | 0.3% |
| Native American | 11 | 0.09% |
| Hawaiian/Pac. Islander | 0 | 0% |
47620 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 1,798 | 93.55% |
| Black | 47 | 2.45% |
| Hispanic | 64 | 3.33% |
| Asian | 9 | 0.47% |
| Native American | 3 | 0.16% |
| Hawaiian/Pac. Islander | 1 | 0.05% |
47620 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 838 | 10.13% |
| Bachelor Degree | 1,141 | 13.8% |
| High School Diploma | 3,098 | 37.47% |
| No High School Diploma | 67 | 0.81% |
| GED or Alternate | 507 | 6.13% |
| 1 or More Years of College | 1,327 | 16.05% |
| Associates Degree | 614 | 7.43% |
| Masters Degree | 505 | 6.11% |
| Professional Degree | 105 | 1.27% |
| Doctorate Degree | 67 | 0.81% |
