47905 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 47905 is White. The majority race/ethnicity attending public schools in 47905 is White. The current unemployment level in 47905 is 3.6%.
| Population | 41,689 |
| Population Growth Rate | 0.00% |
| Population Density | 347 People per Square Mile |
| Total Households | 16,383 |
| Percentage High Income Households | 2.8% |
| Median Household Income (2021) | $58,314 |
| Average Adjusted Gross Income (2021) | $511,390 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 80.79% |
| Public School Majority Race/Ethnicty | White - 56.60% |
47905 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 34,670 | 80.79% |
| Black | 2,840 | 6.62% |
| Hispanic | 4,023 | 9.37% |
| Asian | 1,352 | 3.15% |
| Native American | 31 | 0.07% |
| Hawaiian/Pac. Islander | 0 | 0% |
47905 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 3,674 | 60.04% |
| Black | 901 | 14.72% |
| Hispanic | 1,458 | 23.83% |
| Asian | 70 | 1.14% |
| Native American | 9 | 0.15% |
| Hawaiian/Pac. Islander | 7 | 0.11% |
47905 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,559 | 6.54% |
| Bachelor Degree | 4,812 | 20.18% |
| High School Diploma | 7,765 | 32.57% |
| No High School Diploma | 275 | 1.15% |
| GED or Alternate | 1,003 | 4.21% |
| 1 or More Years of College | 3,662 | 15.36% |
| Associates Degree | 2,048 | 8.59% |
| Masters Degree | 2,028 | 8.51% |
| Professional Degree | 329 | 1.38% |
| Doctorate Degree | 362 | 1.52% |