Indiana · Census place 46746
Marengo town, IN
Quick answer
Marengo town has 823 residents, ranking #403 of 976 places in Indiana. Median household income is $43,458, the median home is worth $87,500 and median gross rent runs $637 a month.
- Population
- 823Marengo town residents
- Median household income
- $43,458Past 12 months, inflation adjusted
- Median home value
- $87,500Owner-occupied units
- Median gross rent
- $637Rent plus utilities, monthly
- Median age
- 32.7 yrsAll residents
- Homeownership rate
- 51.2%Owner-occupied households
What the numbers mean in Marengo town
Housing cost measured against local earnings.
A household earning the Marengo town median would spend about 17.6% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.1% of residents and 51.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Hymera town 835
- Selma town 833
- Darlington town 829
- Monroe City town 816
- Buffalo CDP 814
- Milltown town 811
- Pleasant Lake CDP 803
Keep going
More Indiana coverage.