47640 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 47640 is White. The current unemployment level in 47640 is 4.4%.
Population | 983 |
Population Growth Rate | -7.99% |
Population Density | 27 People per Square Mile |
Total Households | 392 |
Median Household Income (2021) | $52,054 |
Average Adjusted Gross Income (2021) | $143,700 |
Current Unemployment Rate (October 2024) | 4.4% |
Majority Race/Ethnicty | White - 97.40% |
47640 Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 860 | 97.4% |
Black | 11 | 1.25% |
Hispanic | 12 | 1.36% |
Asian | 0 | 0% |
Native American | 0 | 0% |
Hawaiian/Pac. Islander | 0 | 0% |
47640 Educational Attainment Levels
Highest Education Level Attained | Total | Percentage |
Less Than 1 Year of College | 24 | 3.83% |
Bachelor Degree | 51 | 8.13% |
High School Diploma | 315 | 50.24% |
No High School Diploma | 18 | 2.87% |
GED or Alternate | 28 | 4.47% |
1 or More Years of College | 35 | 5.58% |
Associates Degree | 144 | 22.97% |
Masters Degree | 12 | 1.91% |
Professional Degree | 0 | 0% |
Doctorate Degree | 0 | 0% |