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ZipNumbers

Indiana · Census place 15994

Cromwell town, IN

Quick answer

Cromwell town has 703 residents, ranking #439 of 976 places in Indiana. Median household income is $48,500, the median home is worth $111,800 and median gross rent runs $838 a month.

Population
703Cromwell town residents
Median household income
$48,500Past 12 months, inflation adjusted
Median home value
$111,800Owner-occupied units
Median gross rent
$838Rent plus utilities, monthly
Median age
27.8 yrsAll residents
Homeownership rate
36.7%Owner-occupied households

What the numbers mean in Cromwell town

Housing cost measured against local earnings.

A household earning the Cromwell town median would spend about 20.7% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 24.1% of residents and 36.7% 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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