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ZipNumbers

Indiana · Census place 50148

Monon town, IN

Quick answer

Monon town has 1,764 residents, ranking #253 of 976 places in Indiana. Median household income is $52,569, the median home is worth $84,600 and median gross rent runs $941 a month.

Population
1,764Monon town residents
Median household income
$52,569Past 12 months, inflation adjusted
Median home value
$84,600Owner-occupied units
Median gross rent
$941Rent plus utilities, monthly
Median age
27.6 yrsAll residents
Homeownership rate
68.3%Owner-occupied households

What the numbers mean in Monon town

Housing cost measured against local earnings.

A household earning the Monon town median would spend about 21.5% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.1% of residents and 68.3% 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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