47648 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 47648 is White. The majority race/ethnicity attending public schools in 47648 is White. The current unemployment level in 47648 is 3.6%.
| Population | 4,396 |
| Population Growth Rate | 0.87% |
| Population Density | 90 People per Square Mile |
| Total Households | 1,820 |
| Percentage High Income Households | 1.6% |
| Median Household Income (2021) | $64,257 |
| Average Adjusted Gross Income (2021) | $353,770 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 96.48% |
| Public School Majority Race/Ethnicty | White - 93.95% |
47648 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 4,108 | 96.48% |
| Black | 33 | 0.78% |
| Hispanic | 86 | 2.02% |
| Asian | 30 | 0.7% |
| Native American | 1 | 0.02% |
| Hawaiian/Pac. Islander | 0 | 0% |
47648 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,195 | 96.76% |
| Black | 3 | 0.24% |
| Hispanic | 27 | 2.19% |
| Asian | 5 | 0.4% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 5 | 0.4% |
47648 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 233 | 7.85% |
| Bachelor Degree | 358 | 12.06% |
| High School Diploma | 1,195 | 40.25% |
| No High School Diploma | 16 | 0.54% |
| GED or Alternate | 108 | 3.64% |
| 1 or More Years of College | 473 | 15.93% |
| Associates Degree | 413 | 13.91% |
| Masters Degree | 117 | 3.94% |
| Professional Degree | 21 | 0.71% |
| Doctorate Degree | 35 | 1.18% |