Comparison to Surrounding Areas
The median household income ($94,375) for 47246 is less than the median household income for 47234 ($101,708), Newbern CDP ($165,486), and Schaefer Lake CDP ($130,721). But it's more than 47244 ($80,278), 46124 ($64,466), 47203 ($72,112), 47240 ($69,985), Bartholomew County ($79,901), Decatur County ($69,783), Hartsville town ($64,375), and Hope town ($76,188).
| 47246 | $94,375 |
| Hartsville town | $64,375 |
| Hope town | $76,188 |
| Newbern CDP | $165,486 |
| Schaefer Lake CDP | $130,721 |
| Bartholomew County | $79,901 |
| Decatur County | $69,783 |
Get Median Household Income for all Zip Codes in Indiana.
The average household income ($105,634) for 47246 is less than the average household income for 47234 ($126,842), Newbern CDP ($154,529), and Schaefer Lake CDP ($128,670). But it's more than 47244 ($99,072), 46124 ($81,143), 47203 ($100,723), 47240 ($91,568), Bartholomew County ($102,124), Decatur County ($92,207), Hartsville town ($73,241), and Hope town ($82,785).
| 47246 | $105,634 |
| Hartsville town | $73,241 |
| Hope town | $82,785 |
| Newbern CDP | $154,529 |
| Schaefer Lake CDP | $128,670 |
| Bartholomew County | $102,124 |
| Decatur County | $92,207 |
Get Average Household Income for all Zip Codes in Indiana.
The per-capita income for 47246 is $34,459. The per capita income ($34,459) for 47246 is less than the per capita income for 47244 ($39,041), 47203 ($41,837), 47234 ($45,392), 47240 ($37,207), Bartholomew County ($41,608), Decatur County ($37,115), Newbern CDP ($52,304), and Schaefer Lake CDP ($52,534). But it's more than 46124 ($33,239), Hartsville town ($28,675), and Hope town ($29,108).
| 47246 | $34,459 |
| Hartsville town | $28,675 |
| Hope town | $29,108 |
| Newbern CDP | $52,304 |
| Schaefer Lake CDP | $52,534 |
| Bartholomew County | $41,608 |
| Decatur County | $37,115 |
Get Per-Capita Income for all Zip Codes in Indiana.
6.4% of households make over $200,000 a year. The percent high income households (6.4%) for 47246 is less than the percent high income households for 47203 (10.3%), 47234 (12.3%), 47240 (7.4%), 47244 (20.4%), Decatur County (8.2%), Bartholomew County (10.4%), and Newbern CDP (27.0%). But it's more than 46124 (4.1%), Hartsville town (0.0%), Hope town (1.6%), and Schaefer Lake CDP (0.0%).
| 47246 | 6.4% |
| Hartsville town | 0.0% |
| Hope town | 1.6% |
| Newbern CDP | 27.0% |
| Schaefer Lake CDP | 0.0% |
| Bartholomew County | 10.4% |
| Decatur County | 8.2% |
Get High Income Households for all Zip Codes in Indiana.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 47246 | $-1 | $97,750 | $111,713 | $38,250 |
| Hartsville town | $-1 | $88,750 | $93,750 | $34,375 |
| Hope town | $-1 | $85,917 | $79,091 | $38,750 |
| Newbern CDP | $-1 | $-1 | $-1 | $-1 |
| Schaefer Lake CDP | $-1 | $-1 | $131,010 | $-1 |
| Bartholomew County | $42,069 | $91,485 | $105,371 | $51,994 |
| Decatur County | $40,143 | $79,774 | $89,153 | $43,000 |
Get Median Household Income by Age of Householder for all Zip Codes in Indiana.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 47246 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the income data are:
| Median Household Income | Average Household Income | Per Capita Income | High Income Households | Median Household Income by Age of Householder | ||||
|---|---|---|---|---|---|---|---|---|
| under 25 | 25 to 44 | 45 to 64 | 65+ | |||||
| 47246 | +/-$16,597 | +/-$12,871 | +/-$8,666 | +/-3.1% | +/-$-1 | +/-$9,928 | +/-$29,659 | +/-$10,832 |
| Hartsville town | +/-$11,879 | +/-$11,366 | +/-$5,325 | +/-29.2% | +/-$-1 | +/-$49,618 | +/-$63,166 | +/-$12,664 |
| Hope town | +/-$11,348 | +/-$10,629 | +/-$4,194 | +/-2.4% | +/-$-1 | +/-$22,403 | +/-$62,442 | +/-$30,697 |
| Newbern CDP | +/-$133,684 | +/-$69,143 | +/-$9,110 | +/-32.2% | +/-$-1 | +/-$-1 | +/-$-1 | +/-$-1 |
| Schaefer Lake CDP | +/-$60,118 | +/-$33,481 | +/-$18,940 | +/-35.0% | +/-$-1 | +/-$-1 | +/-$70,953 | +/-$-1 |
| Bartholomew County | +/-$3,751 | +/-$3,826 | +/-$1,483 | +/-1.2% | +/-$9,608 | +/-$6,500 | +/-$10,133 | +/-$4,627 |
| Decatur County | +/-$7,427 | +/-$8,297 | +/-$2,685 | +/-2.0% | +/-$4,781 | +/-$17,177 | +/-$5,064 | +/-$9,353 |