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ZipNumbers

Indiana · Census place 10108

Cannelton city, IN

Quick answer

Cannelton city has 1,506 residents, ranking #277 of 976 places in Indiana. Median household income is $35,900, the median home is worth $85,600 and median gross rent runs $719 a month.

Population
1,506Cannelton city residents
Median household income
$35,900Past 12 months, inflation adjusted
Median home value
$85,600Owner-occupied units
Median gross rent
$719Rent plus utilities, monthly
Median age
36.3 yrsAll residents
Homeownership rate
50.5%Owner-occupied households

What the numbers mean in Cannelton city

Housing cost measured against local earnings.

A household earning the Cannelton city median would spend about 24% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 32.5% of residents and 50.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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