Austin, IN
Population 3,588 · Indiana
About Austin, IN
Austin is a small community in Indiana with a population of 3,588 residents. The median household income is $30,473 per year, which is below the national average. The median age in Austin is 45.2 years.
Housing in Austin has a median home value of $88,000 and median monthly rent of $698. Of the 2,076 total housing units, the majority are owner-occupied, with 1,128 owner-occupied and 612 renter-occupied units.
The unemployment rate in Austin is 3.1% and the poverty rate is 18.0%. 11.5% of residents hold a bachelor's degree or higher. The average commute time is 25.9 minutes.
Cost of Living in Austin, IN
Compared to national averages, Austin has a median household income of $30,473 (59% below the national median of $75,149). Home values average $88,000, which is 64% below the national median. Monthly rent at $698 is 40% below the US average of $1,163. Within Indiana, Austin's income is 56% below the state average of $69,330, and home values are 46% below the state median of $163,409.
Why Live in Austin, IN?
Austin offers affordable housing with a median home value of $88,000, below the US average of $244,900, and rent that’s lower than the national average at $698/month, and a strong job market with an unemployment rate of just 3.1%.
Potential considerations include median household income ($30,473) that falls below the national average. However, Austin’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Austin has a population of 3,588 with a median age of 45.2 years. Compare Austin with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Austin
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hanover | 3,584 | $58,194 | $126,300 | Compare |
| Leo-Cedarville | 3,670 | $107,466 | $284,900 | Compare |
| Middlebury | 3,681 | $81,094 | $230,300 | Compare |
| Union City | 3,477 | $37,202 | $80,100 | Compare |
| Aurora | 3,704 | $46,733 | $123,600 | Compare |
| Hebron | 3,712 | $72,282 | $172,400 | Compare |
| Melody Hill | 3,435 | $90,561 | $192,000 | Compare |
| Fort Branch | 3,412 | $62,500 | $181,900 | 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.
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Frequently Asked Questions about Austin
What is the population of Austin, IN?
The population of Austin, IN is 3,588 according to the latest Census data.
What is the median household income in Austin?
The median household income in Austin, IN is $30,473 per year.
What is the median home value in Austin?
The median home value in Austin, IN is $88,000.
What is the average rent in Austin?
The median monthly rent in Austin, IN is $698.
What is the unemployment rate in Austin?
The unemployment rate in Austin, IN is 3.1%.