Anderson, IN
Population 54,930 · Indiana
About Anderson, IN
Anderson is a mid-sized city in Indiana with a population of 54,930 residents. The median household income is $47,221 per year, which is below the national average. The median age in Anderson is 38.2 years.
Housing in Anderson has a median home value of $104,300 and median monthly rent of $909. Of the 27,465 total housing units, the majority are owner-occupied, with 13,224 owner-occupied and 10,600 renter-occupied units.
The unemployment rate in Anderson is 7.5% and the poverty rate is 20.4%. 16.1% of residents hold a bachelor's degree or higher. The average commute time is 25.4 minutes.
How Anderson Ranks in Indiana
Cost of Living in Anderson, IN
Compared to national averages, Anderson has a median household income of $47,221 (37% below the national median of $75,149). Home values average $104,300, which is 57% below the national median. Monthly rent at $909 is 22% below the US average of $1,163. Within Indiana, Anderson's income is 32% below the state average of $69,330, and home values are 36% below the state median of $163,409.
Why Live in Anderson, IN?
Anderson offers affordable housing with a median home value of $104,300, below the US average of $244,900, and rent that’s lower than the national average at $909/month.
Potential considerations include median household income ($47,221) that falls below the national average. However, as a mid-sized city, Anderson provides access to a wide range of amenities and services.
Anderson has a population of 54,930 with a median age of 38.2 years. Compare Anderson with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Anderson
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elkhart | 53,726 | $47,885 | $126,900 | Compare |
| Terre Haute | 58,491 | $41,960 | $109,500 | Compare |
| Westfield | 51,109 | $119,598 | $391,900 | Compare |
| Columbus | 51,104 | $76,856 | $231,000 | Compare |
| Mishawaka | 50,907 | $53,120 | $140,600 | Compare |
| Kokomo | 59,375 | $54,195 | $126,500 | Compare |
| Jeffersonville | 50,176 | $70,157 | $208,500 | Compare |
| Lawrence | 49,284 | $73,455 | $220,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Anderson With Other Cities
Frequently Asked Questions about Anderson
What is the population of Anderson, IN?
The population of Anderson, IN is 54,930 according to the latest Census data.
What is the median household income in Anderson?
The median household income in Anderson, IN is $47,221 per year.
What is the median home value in Anderson?
The median home value in Anderson, IN is $104,300.
What is the average rent in Anderson?
The median monthly rent in Anderson, IN is $909.
What is the unemployment rate in Anderson?
The unemployment rate in Anderson, IN is 7.5%.