47016 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 47016 is White. The majority race/ethnicity attending public schools in 47016 is White. The current unemployment level in 47016 is 4.4%.
| Population | 785 |
| Population Growth Rate | 10.38% |
| Population Density | 35 People per Square Mile |
| Total Households | 361 |
| Percentage High Income Households | 0.8% |
| Median Household Income (2021) | $58,097 |
| Average Adjusted Gross Income (2021) | $323,200 |
| Current Unemployment Rate (October 2024) | 4.4% |
| Majority Race/Ethnicty | White - 100.00% |
| Public School Majority Race/Ethnicty | White - 99.55% |
47016 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 819 | 100% |
| Black | 0 | 0% |
| Hispanic | 0 | 0% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47016 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 222 | 100% |
| Black | 0 | 0% |
| Hispanic | 0 | 0% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47016 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 21 | 3.71% |
| Bachelor Degree | 87 | 15.37% |
| High School Diploma | 339 | 59.89% |
| No High School Diploma | 2 | 0.35% |
| GED or Alternate | 14 | 2.47% |
| 1 or More Years of College | 37 | 6.54% |
| Associates Degree | 43 | 7.6% |
| Masters Degree | 3 | 0.53% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 20 | 3.53% |