Bainbridge, IN
Population 553 · Indiana
About Bainbridge, IN
Bainbridge is a small community located in Indiana with a population of 553 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,731 per year, which is 25% below the national median of $75,149. The median age of 39.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Bainbridge features a median home value of $148,400, which is 39% below the national median of $244,900. This positions Bainbridge in a moderately priced market relative to the rest of the country. Median monthly rent is $934, 20% below the national average of $1,163/month. Of the 278 total housing units, 72% are owner-occupied (183 units) and 28% are renter-occupied (71 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bainbridge shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bainbridge have an average one-way commute time of 37.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
8.2% of Bainbridge 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 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Bainbridge, IN
Compared to national averages, Bainbridge has a median household income of $56,731 (25% below the national median of $75,149). Home values average $148,400, which is 39% below the national median. Monthly rent at $934 is 20% below the US average of $1,163. Within Indiana, Bainbridge's income is 18% below the state average of $69,330, and home values are 9% below the state median of $163,409.
Why Live in Bainbridge, IN?
Bainbridge offers affordable housing with a median home value of $148,400, below the US average of $244,900, and rent that’s lower than the national average at $934/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features a low poverty rate of 11.9%, better than the national average.
Potential considerations include median household income ($56,731) that falls below the national average. However, Bainbridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bainbridge has a population of 553 with a median age of 39.5 years. Compare Bainbridge with other cities to see how it stacks up, or explore all cities in Indiana.
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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 Bainbridge
What is the population of Bainbridge, IN?
The population of Bainbridge, IN is 553 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 Bainbridge?
The median household income in Bainbridge, IN is $56,731 per year, which is 25% below the national median of $75,149.
What is the median home value in Bainbridge?
The median home value in Bainbridge, IN is $148,400, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bainbridge?
The median monthly rent in Bainbridge, IN is $934, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Bainbridge?
The unemployment rate in Bainbridge, IN is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bainbridge, IN a good place to live?
Bainbridge offers a moderate cost of living, affordable housing, and a strong job market. With a population of 553 and a median age of 39.5, the city appeals to a broad range of residents.
How educated is Bainbridge, IN?
8.2% of residents in Bainbridge 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 Bainbridge?
Key cost-of-living indicators for Bainbridge, IN: median home value is $148,400 (39% below national), median rent is $934/month, and median household income is $56,731. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bainbridge?
The poverty rate in Bainbridge, IN is 11.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bainbridge, IN?
Bainbridge's population is 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.2% of residents are foreign-born.