47231 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 47231 is White. The current unemployment level in 47231 is 4.2%.
| Population | 590 |
| Population Growth Rate | -7.30% |
| Population Density | 23 People per Square Mile |
| Total Households | 359 |
| Median Household Income (2021) | $64,917 |
| Average Adjusted Gross Income (2021) | $153,130 |
| Current Unemployment Rate (January 2025) | 4.2% |
| Majority Race/Ethnicty | White - 94.97% |
47231 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 812 | 94.97% |
| Black | 34 | 3.98% |
| Hispanic | 9 | 1.05% |
| Asian | 0 | 0% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 0 | 0% |
47231 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 38 | 6.47% |
| Bachelor Degree | 11 | 1.87% |
| High School Diploma | 242 | 41.23% |
| No High School Diploma | 40 | 6.81% |
| GED or Alternate | 122 | 20.78% |
| 1 or More Years of College | 49 | 8.35% |
| Associates Degree | 33 | 5.62% |
| Masters Degree | 31 | 5.28% |
| Professional Degree | 4 | 0.68% |
| Doctorate Degree | 17 | 2.9% |