Indiana · Census place 06760
Bourbon town, IN
Quick answer
Bourbon town has 1,816 residents, ranking #246 of 976 places in Indiana. Median household income is $71,375, the median home is worth $156,800 and median gross rent runs $848 a month.
- Population
- 1,816Bourbon town residents
- Median household income
- $71,375Past 12 months, inflation adjusted
- Median home value
- $156,800Owner-occupied units
- Median gross rent
- $848Rent plus utilities, monthly
- Median age
- 32.5 yrsAll residents
- Homeownership rate
- 74.6%Owner-occupied households
What the numbers mean in Bourbon town
Housing cost measured against local earnings.
A household earning the Bourbon town median would spend about 14.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11% of residents and 74.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- North Liberty town 1,838
- Argos town 1,822
- Roanoke town 1,819
- Dillsboro town 1,809
- Ardmore CDP 1,807
- Henryville CDP 1,804
- French Lick town 1,790
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More Indiana coverage.