47970 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 47970 is White. The majority race/ethnicity attending public schools in 47970 is White. The current unemployment level in 47970 is 3.6%.
| Population | 2,195 |
| Population Growth Rate | -4.27% |
| Population Density | 32 People per Square Mile |
| Total Households | 755 |
| Percentage High Income Households | 2.4% |
| Median Household Income (2021) | $59,148 |
| Average Adjusted Gross Income (2021) | $673,150 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 94.02% |
| Public School Majority Race/Ethnicty | White - 91.88% |
47970 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,744 | 94.02% |
| Black | 20 | 1.08% |
| Hispanic | 83 | 4.47% |
| Asian | 7 | 0.38% |
| Native American | 1 | 0.05% |
| Hawaiian/Pac. Islander | 0 | 0% |
47970 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 249 | 92.22% |
| Black | 3 | 1.11% |
| Hispanic | 18 | 6.67% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47970 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 113 | 9.55% |
| Bachelor Degree | 176 | 14.88% |
| High School Diploma | 409 | 34.57% |
| No High School Diploma | 47 | 3.97% |
| GED or Alternate | 33 | 2.79% |
| 1 or More Years of College | 186 | 15.72% |
| Associates Degree | 150 | 12.68% |
| Masters Degree | 44 | 3.72% |
| Professional Degree | 17 | 1.44% |
| Doctorate Degree | 8 | 0.68% |