Indiana · Census place 48240
Medora town, IN
Quick answer
Medora town has 993 residents, ranking #360 of 976 places in Indiana. Median household income is $60,625, the median home is worth $76,400 and median gross rent runs $960 a month.
- Population
- 993Medora town residents
- Median household income
- $60,625Past 12 months, inflation adjusted
- Median home value
- $76,400Owner-occupied units
- Median gross rent
- $960Rent plus utilities, monthly
- Median age
- 28.4 yrsAll residents
- Homeownership rate
- 82%Owner-occupied households
What the numbers mean in Medora town
Housing cost measured against local earnings.
A household earning the Medora town median would spend about 19% 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 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.6% of residents and 82% 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.
- Morristown town 996
- Kirklin town 994
- Lynn town 994
- Painted Hills CDP 983
- Roseland town 982
- Brook town 979
- Taylorsville CDP 978
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More Indiana coverage.