47850 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 47850 is White. The majority race/ethnicity attending public schools in 47850 is White. The current unemployment level in 47850 is 3.6%.
| Population | 2,295 |
| Population Growth Rate | -6.23% |
| Population Density | 46 People per Square Mile |
| Total Households | 915 |
| Percentage High Income Households | 1.1% |
| Median Household Income (2021) | $57,417 |
| Average Adjusted Gross Income (2021) | $151,710 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | White - 99.69% |
| Public School Majority Race/Ethnicity | White - 96.24% |
47850 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 2,237 | 99.69% |
| Black | 7 | 0.31% |
| Hispanic | 0 | 0% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47850 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 589 | 97.68% |
| Black | 5 | 0.83% |
| Hispanic | 7 | 1.16% |
| Asian | 0 | 0% |
| Native American | 2 | 0.33% |
| Hawaiian/Pac. Islander | 0 | 0% |
47850 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 124 | 8.51% |
| Bachelor Degree | 108 | 7.41% |
| High School Diploma | 643 | 44.13% |
| No High School Diploma | 9 | 0.62% |
| GED or Alternate | 113 | 7.76% |
| 1 or More Years of College | 222 | 15.24% |
| Associates Degree | 139 | 9.54% |
| Masters Degree | 79 | 5.42% |
| Professional Degree | 8 | 0.55% |
| Doctorate Degree | 12 | 0.82% |
