Argos, IN
Population 1,822 · Indiana
About Argos, IN
Argos is a small town located in Indiana with a population of 1,822 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,214 per year, which is 20% below the national median of $75,149. The median age of 34.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Argos features a median home value of $128,100, which is 48% below the national median of $244,900. This makes Argos one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $937, 19% below the national average of $1,163/month. Of the 789 total housing units, 69% are owner-occupied (488 units) and 31% are renter-occupied (218 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Argos shows an unemployment rate of 8.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 18.9%, above the national average of 12.4%. Workers in Argos have an average one-way commute time of 22.2 minutes.
Education & Demographics
11.4% of Argos 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 1.8% White, 2.5% Hispanic or Latino, 0.0% Black or African American, and 0.8% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Argos, IN
Compared to national averages, Argos has a median household income of $60,214 (20% below the national median of $75,149). Home values average $128,100, which is 48% below the national median. Monthly rent at $937 is 19% below the US average of $1,163. Within Indiana, Argos's income is 13% below the state average of $69,330, and home values are 22% below the state median of $163,409.
Why Live in Argos, IN?
Argos offers affordable housing with a median home value of $128,100, below the US average of $244,900, and rent that’s lower than the national average at $937/month, and short commute times averaging just 22.2 minutes.
Potential considerations include median household income ($60,214) that falls below the national average. However, Argos’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Argos has a population of 1,822 with a median age of 34.1 years. Compare Argos with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Argos
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Roanoke | 1,819 | $72,880 | $168,600 | Compare |
| Bourbon | 1,816 | $71,375 | $156,800 | Compare |
| Dillsboro | 1,809 | $46,591 | $137,700 | Compare |
| Ardmore | 1,807 | $45,709 | $113,300 | Compare |
| North Liberty | 1,838 | $61,143 | $157,100 | Compare |
| Henryville | 1,804 | $77,440 | $190,200 | Compare |
| Hamilton | 1,849 | $66,884 | $265,600 | Compare |
| French Lick | 1,790 | $54,412 | $79,600 | 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 Argos With Other Cities
Frequently Asked Questions about Argos
What is the population of Argos, IN?
The population of Argos, IN is 1,822 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Argos?
The median household income in Argos, IN is $60,214 per year, which is 20% below the national median of $75,149.
What is the median home value in Argos?
The median home value in Argos, IN is $128,100, which is 48% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Argos?
The median monthly rent in Argos, IN is $937, which is 19% below the national average of $1,163/month.
What is the unemployment rate in Argos?
The unemployment rate in Argos, IN is 8.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Argos, IN a good place to live?
Argos offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,822 and a median age of 34.1, the city appeals to young professionals and families.
How educated is Argos, IN?
11.4% of residents in Argos 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 Argos?
Key cost-of-living indicators for Argos, IN: median home value is $128,100 (48% below national), median rent is $937/month, and median household income is $60,214. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Argos?
The poverty rate in Argos, IN is 18.9%, 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 Argos, IN?
Argos's population is 1.8% White, 2.5% Hispanic or Latino, 0.0% Black or African American, 0.8% Asian, and 0.5% two or more races. 0.4% of residents are foreign-born.