47120 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 47120 is White. The current unemployment level in 47120 is 4.2%.
| Population | 671 |
| Population Growth Rate | -30.47% |
| Population Density | 36 People per Square Mile |
| Total Households | 367 |
| Median Household Income (2021) | $64,792 |
| Average Adjusted Gross Income (2021) | $151,700 |
| Current Unemployment Rate (January 2025) | 4.2% |
| Majority Race/Ethnicty | White - 100.00% |
47120 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 731 | 100% |
| Black | 0 | 0% |
| Hispanic | 0 | 0% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47120 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 14 | 2.49% |
| Bachelor Degree | 18 | 3.2% |
| High School Diploma | 360 | 64.06% |
| No High School Diploma | 0 | 0% |
| GED or Alternate | 19 | 3.38% |
| 1 or More Years of College | 43 | 7.65% |
| Associates Degree | 84 | 14.95% |
| Masters Degree | 23 | 4.09% |
| Professional Degree | 1 | 0.18% |
| Doctorate Degree | 0 | 0% |