47987 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 47987 is White. The majority race/ethnicity attending public schools in 47987 is White. The current unemployment level in 47987 is 3.6%.
| Population | 3,687 |
| Population Growth Rate | 0.00% |
| Population Density | 34 People per Square Mile |
| Total Households | 1,609 |
| Median Household Income (2021) | $57,670 |
| Average Adjusted Gross Income (2021) | $316,730 |
| Current Unemployment Rate (May 2026) | 3.6% |
| Sales Tax Rate (2025) | 7.0% |
| Majority Race/Ethnicty | White - 97.94% |
| Public School Majority Race/Ethnicty | White - 90.82% |
47987 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 3,765 | 97.94% |
| Black | 20 | 0.52% |
| Hispanic | 59 | 1.53% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47987 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 930 | 92.63% |
| Black | 1 | 0.1% |
| Hispanic | 72 | 7.17% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 1 | 0.1% |
47987 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 101 | 4.44% |
| Bachelor Degree | 140 | 6.15% |
| High School Diploma | 1,208 | 53.1% |
| No High School Diploma | 68 | 2.99% |
| GED or Alternate | 186 | 8.18% |
| 1 or More Years of College | 324 | 14.24% |
| Associates Degree | 162 | 7.12% |
| Masters Degree | 63 | 2.77% |
| Professional Degree | 15 | 0.66% |
| Doctorate Degree | 8 | 0.35% |