Indiana · Census place 74132
Summitville town, IN
Quick answer
Summitville town has 1,233 residents, ranking #314 of 976 places in Indiana. Median household income is $57,000, the median home is worth $89,000 and median gross rent runs $790 a month.
- Population
- 1,233Summitville town residents
- Median household income
- $57,000Past 12 months, inflation adjusted
- Median home value
- $89,000Owner-occupied units
- Median gross rent
- $790Rent plus utilities, monthly
- Median age
- 39.9 yrsAll residents
- Homeownership rate
- 73.3%Owner-occupied households
What the numbers mean in Summitville town
Housing cost measured against local earnings.
A household earning the Summitville town median would spend about 16.6% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.7% of residents and 73.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Wanatah town 1,248
- Hudson Lake CDP 1,245
- Parker City town 1,236
- Owensville town 1,232
- Jamestown town 1,225
- Koontz Lake CDP 1,217
- Ogden Dunes town 1,213
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