Cromwell, IN population, income and ZIP codes

Cromwell town is a very small community in Indiana, with 703 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #439 of 976 ranked by population — larger than 55% of them. The median age here is 27.8 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Cromwell town earn a median of $48,500 a year, 38.2% below the national figure of $78,538 and 21% below the $61,527 median for the 355 Indiana cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 24.1% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Cromwell town is valued at $111,800, 63.2% below the national figure and 23% below the $145,600 peer median, while median gross rent runs $838 a month, 40.4% below the national figure, or roughly $10,056 across a full year. A household on the local median income would put about 20.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2.3×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 36.7% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

A median age of 27.8 means a large student or early-career population; income medians in places like this understate household resources, since many residents are supported from outside the address. With 703 residents, a handful of survey responses moves every median on this page. Compare Cromwell town against its county rather than against national figures.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.