47860 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 47860 is White. The current unemployment level in 47860 is 3.6%.
| Population | 625 |
| Population Growth Rate | 29.19% |
| Population Density | 5,691 People per Square Mile |
| Total Households | 111 |
| Median Household Income (2021) | $33,939 |
| Average Adjusted Gross Income (2021) | $30,940 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 100.00% |
47860 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 487 | 100% |
| Black | 0 | 0% |
| Hispanic | 0 | 0% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47860 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 12 | 6.74% |
| Bachelor Degree | 3 | 1.69% |
| High School Diploma | 91 | 51.12% |
| No High School Diploma | 2 | 1.12% |
| GED or Alternate | 18 | 10.11% |
| 1 or More Years of College | 23 | 12.92% |
| Associates Degree | 22 | 12.36% |
| Masters Degree | 7 | 3.93% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 0 | 0% |