Aurora, IN
Population 3,704 · Indiana
About Aurora, IN
Aurora is a small town located in Indiana with a population of 3,704 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,733 per year, which is 38% below the national median of $75,149. The median age of 42.6 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 Aurora features a median home value of $123,600, which is 50% below the national median of $244,900. This makes Aurora one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $750, 36% below the national average of $1,163/month. Of the 1,747 total housing units, 63% are owner-occupied (1,071 units) and 37% are renter-occupied (627 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Aurora shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 22.5%, above the national average of 12.4%. Workers in Aurora have an average one-way commute time of 28.5 minutes.
Education & Demographics
17.0% of Aurora 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 7.2% White, 2.8% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 3.3% of the population being foreign-born.
Cost of Living in Aurora, IN
Compared to national averages, Aurora has a median household income of $46,733 (38% below the national median of $75,149). Home values average $123,600, which is 50% below the national median. Monthly rent at $750 is 36% below the US average of $1,163. Within Indiana, Aurora's income is 33% below the state average of $69,330, and home values are 24% below the state median of $163,409.
Why Live in Aurora, IN?
Aurora offers affordable housing with a median home value of $123,600, below the US average of $244,900, and rent that’s lower than the national average at $750/month, and a strong job market with an unemployment rate of just 1.4%.
Potential considerations include median household income ($46,733) that falls below the national average. However, Aurora’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Aurora has a population of 3,704 with a median age of 42.6 years. Compare Aurora with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Aurora
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hebron | 3,712 | $72,282 | $172,400 | Compare |
| Middlebury | 3,681 | $81,094 | $230,300 | Compare |
| Leo-Cedarville | 3,670 | $107,466 | $284,900 | Compare |
| Georgetown | 3,789 | $110,537 | $262,600 | Compare |
| Austin | 3,588 | $30,473 | $88,000 | Compare |
| Hanover | 3,584 | $58,194 | $126,300 | Compare |
| Knox | 3,843 | $45,647 | $125,300 | Compare |
| Berne | 3,906 | $59,413 | $145,600 | 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 Aurora With Other Cities
Frequently Asked Questions about Aurora
What is the population of Aurora, IN?
The population of Aurora, IN is 3,704 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 Aurora?
The median household income in Aurora, IN is $46,733 per year, which is 38% below the national median of $75,149.
What is the median home value in Aurora?
The median home value in Aurora, IN is $123,600, which is 50% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Aurora?
The median monthly rent in Aurora, IN is $750, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Aurora?
The unemployment rate in Aurora, IN is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Aurora, IN a good place to live?
Aurora offers a moderate cost of living, affordable housing, and a strong job market. With a population of 3,704 and a median age of 42.6, the city appeals to a broad range of residents.
How educated is Aurora, IN?
17.0% of residents in Aurora 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 Aurora?
Key cost-of-living indicators for Aurora, IN: median home value is $123,600 (50% below national), median rent is $750/month, and median household income is $46,733. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Aurora?
The poverty rate in Aurora, IN is 22.5%, 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 Aurora, IN?
Aurora's population is 7.2% White, 2.8% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 0.0% two or more races. 3.3% of residents are foreign-born.