Amboy, IN
Population 310 · Indiana
About Amboy, IN
Amboy is a small community located in Indiana with a population of 310 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,750 per year, which is 35% below the national median of $75,149. The median age of 44.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Amboy features a median home value of $114,500, which is 53% below the national median of $244,900. This makes Amboy one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $900, 23% below the national average of $1,163/month. Of the 142 total housing units, 87% are owner-occupied (103 units) and 13% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Amboy shows an unemployment rate of 7.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 23.5%, above the national average of 12.4%. Workers in Amboy have an average one-way commute time of 28.5 minutes.
Education & Demographics
18.4% of Amboy residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 8.4% White, 2.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Amboy, IN
Compared to national averages, Amboy has a median household income of $48,750 (35% below the national median of $75,149). Home values average $114,500, which is 53% below the national median. Monthly rent at $900 is 23% below the US average of $1,163. Within Indiana, Amboy's income is 30% below the state average of $69,330, and home values are 30% below the state median of $163,409.
Why Live in Amboy, IN?
Amboy offers affordable housing with a median home value of $114,500, below the US average of $244,900, and rent that’s lower than the national average at $900/month.
Potential considerations include median household income ($48,750) that falls below the national average. However, Amboy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Amboy has a population of 310 with a median age of 44.3 years. Compare Amboy with other cities to see how it stacks up, or explore all cities in Indiana.
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Cities in Indiana with a similar population size.
Demographics
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Economy & Education
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Amboy
What is the population of Amboy, IN?
The population of Amboy, IN is 310 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Indiana.
What is the median household income in Amboy?
The median household income in Amboy, IN is $48,750 per year, which is 35% below the national median of $75,149.
What is the median home value in Amboy?
The median home value in Amboy, IN is $114,500, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Amboy?
The median monthly rent in Amboy, IN is $900, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Amboy?
The unemployment rate in Amboy, IN is 7.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Amboy, IN a good place to live?
Amboy offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 310 and a median age of 44.3, the city appeals to a broad range of residents.
How educated is Amboy, IN?
18.4% of residents in Amboy aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Amboy?
Key cost-of-living indicators for Amboy, IN: median home value is $114,500 (53% below national), median rent is $900/month, and median household income is $48,750. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Amboy?
The poverty rate in Amboy, IN is 23.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Amboy, IN?
Amboy's population is 8.4% White, 2.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.3% two or more races. 0.0% of residents are foreign-born.