47923 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 47923 is White. The majority race/ethnicity attending public schools in 47923 is White. The current unemployment level in 47923 is 3.6%.
| Population | 3,545 |
| Population Growth Rate | 0.71% |
| Population Density | 38 People per Square Mile |
| Total Households | 1,391 |
| Percentage High Income Households | 0.5% |
| Median Household Income (2021) | $67,179 |
| Average Adjusted Gross Income (2021) | $441,280 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7% |
| Majority Race/Ethnicity | White - 96.73% |
| Public School Majority Race/Ethnicity | White - 92.96% |
47923 Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 3,313 | 96.34% |
| Black | 0 | 0% |
| Hispanic | 99 | 2.88% |
| Asian | 13 | 0.38% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 14 | 0.41% |
47923 Public School Race/Ethnicity Breakdown
| Race/Ethnicity | Total | Percentage |
|---|
| White | 317 | 95.48% |
| Black | 4 | 1.2% |
| Hispanic | 11 | 3.31% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47923 Educational Attainment Levels
| Highest Education Level | Total | Percentage |
|---|
| Less Than 1 Year of College | 183 | 8.02% |
| Bachelor Degree | 339 | 14.86% |
| High School Diploma | 926 | 40.6% |
| No High School Diploma | 30 | 1.32% |
| GED or Alternate | 77 | 3.38% |
| 1 or More Years of College | 357 | 15.65% |
| Associates Degree | 230 | 10.08% |
| Masters Degree | 110 | 4.82% |
| Professional Degree | 26 | 1.14% |
| Doctorate Degree | 3 | 0.13% |
