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ZipNumbers

Indiana · Census place 20152

Economy town, IN

Quick answer

Economy town has 150 residents, ranking #781 of 976 places in Indiana. Median household income is $44,063, the median home is worth $50,000 and median gross rent runs $708 a month.

Population
150Economy town residents
Median household income
$44,063Past 12 months, inflation adjusted
Median home value
$50,000Owner-occupied units
Median gross rent
$708Rent plus utilities, monthly
Median age
46.7 yrsAll residents
Homeownership rate
91.5%Owner-occupied households

What the numbers mean in Economy town

Housing cost measured against local earnings.

A household earning the Economy town median would spend about 19.3% 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 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 20% of residents and 91.5% 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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