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Indiana · Census place 30594

Hamilton, IN population, income and ZIP codes

Quick answer

The population of the city of Hamilton, Indiana (Hamilton, IN — Census place “Hamilton town”) is 1,849 residents, ranking #242 of 976 places in Indiana. Median household income is $66,884, the median home is worth $265,600 and median gross rent runs $929 a month. Looking for the Hamilton Indiana ZIP code list? 1 ZIP codes serve Hamilton, IN: 46742.

Population
1,849Hamilton town residents
Median household income
$66,884Past 12 months, inflation adjusted
Median home value
$265,600Owner-occupied units
Median gross rent
$929Rent plus utilities, monthly
Median age
52 yrsAll residents
Homeownership rate
71.6%Owner-occupied households

Hamilton ZIP codes (Indiana)

Census ZCTAs whose delivery area overlaps Hamilton.

The Hamilton IN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

What the numbers mean in Hamilton town

Housing cost measured against local earnings.

A household earning the Hamilton town median would spend about 16.7% 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 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.2% of residents and 71.6% of households own their home.

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

Hamilton town, IN in context

How this area compares with national benchmarks.

Hamilton town is a small town in Indiana, with 1,849 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #242 of 976 ranked by population — larger than 75% of them. The median age here is 52 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. 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 Hamilton town earn a median of $66,884 a year, 14.8% below the national figure of $78,538 and 9% above the $61,527 median for the 355 Indiana cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 8.2% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Hamilton town is valued at $265,600, 12.5% below the national figure and 82% above the $145,600 peer median, while median gross rent runs $929 a month, 33.9% below the national figure, or roughly $11,148 across a full year. A household on the local median income would put about 16.7% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 4×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 71.6% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. 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 52 puts Hamilton town well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. 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.

Compare with nearby places

Places of similar size in Indiana.

More Indiana coverage.

Frequently asked questions

Common questions about this area.

What is the population of Hamilton town?
Hamilton town has 1,849 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #242 of 976 in Indiana.
What is the median household income in Hamilton town?
Median household income in Hamilton town is $66,884 a year, 14.8% below the national figure of $78,538.
How much does it cost to rent or buy in Hamilton town?
Median gross rent is $929 a month and the median home value is $265,600, so rent absorbs about 16.7% of median household income.
Is Hamilton town affordable compared with the rest of the US?
Homes cost about 4× the local median income here versus roughly 3.9× nationally, so Hamilton town is less affordable to buy in than the typical US market, and rent takes 16.7% of median income against the 30% cost-burden line.
How current is this Hamilton town data?
All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. 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.