47847 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 47847 is White. The current unemployment level in 47847 is 4.0%.
| Population | 943 |
| Population Growth Rate | -19.54% |
| Population Density | 20 People per Square Mile |
| Total Households | 390 |
| Median Household Income (2021) | $47,183 |
| Average Adjusted Gross Income (2021) | $154,760 |
| Current Unemployment Rate (December 2024) | 4.0% |
| Majority Race/Ethnicty | White - 99.60% |
47847 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 987 | 99.6% |
| Black | 0 | 0% |
| Hispanic | 2 | 0.2% |
| Asian | 0 | 0% |
| Native American | 2 | 0.2% |
| Hawaiian/Pac. Islander | 0 | 0% |
47847 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 87 | 13.92% |
| Bachelor Degree | 49 | 7.84% |
| High School Diploma | 276 | 44.16% |
| No High School Diploma | 0 | 0% |
| GED or Alternate | 29 | 4.64% |
| 1 or More Years of College | 81 | 12.96% |
| Associates Degree | 83 | 13.28% |
| Masters Degree | 20 | 3.2% |
| Professional Degree | 0 | 0% |
| Doctorate Degree | 0 | 0% |