47803 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 47803 is White. The majority race/ethnicity attending public schools in 47803 is White. The current unemployment level in 47803 is 3.6%.
| Population | 21,008 |
| Population Growth Rate | 0% |
| Population Density | 594 People per Square Mile |
| Total Households | 8,435 |
| Percentage High Income Households | 2.9% |
| Median Household Income (2021) | $55,211 |
| Average Adjusted Gross Income (2021) | $557,160 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | White - 88.4% |
| Public School Majority Race/Ethnicity | White - 79.85% |
47803 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 18,495 | 88.4% |
| Black | 922 | 4.41% |
| Hispanic | 599 | 2.86% |
| Asian | 907 | 4.33% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47803 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 1,676 | 88.07% |
| Black | 114 | 5.99% |
| Hispanic | 97 | 5.1% |
| Asian | 8 | 0.42% |
| Native American | 6 | 0.32% |
| Hawaiian/Pac. Islander | 2 | 0.11% |
47803 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 677 | 5.49% |
| Bachelor Degree | 2,170 | 17.6% |
| High School Diploma | 3,333 | 27.03% |
| No High School Diploma | 98 | 0.79% |
| GED or Alternate | 616 | 4.99% |
| 1 or More Years of College | 2,085 | 16.91% |
| Associates Degree | 1,265 | 10.26% |
| Masters Degree | 1,366 | 11.08% |
| Professional Degree | 218 | 1.77% |
| Doctorate Degree | 505 | 4.09% |
