Beaver Dam, IN
Population 189 · Indiana
About Beaver Dam, IN
Beaver Dam is a small community located in Indiana with a population of 189 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,917 per year, which is 30% below the national median of $75,149. The median age of 55.9 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 Beaver Dam features a median home value of $107,900, which is 56% below the national median of $244,900. This makes Beaver Dam one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 203 total housing units, 93% are owner-occupied (99 units) and 7% are renter-occupied (8 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Beaver Dam shows an unemployment rate of 21.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Beaver Dam have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
12.8% of Beaver Dam 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Beaver Dam, IN
Compared to national averages, Beaver Dam has a median household income of $52,917 (30% below the national median of $75,149). Home values average $107,900, which is 56% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Beaver Dam's income is 24% below the state average of $69,330, and home values are 34% below the state median of $163,409.
Why Live in Beaver Dam, IN?
Beaver Dam offers affordable housing with a median home value of $107,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 0.0%, better than the national average. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($52,917) that falls below the national average. However, Beaver Dam’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Beaver Dam has a population of 189 with a median age of 55.9 years. Compare Beaver Dam 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 Beaver Dam
What is the population of Beaver Dam, IN?
The population of Beaver Dam, IN is 189 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 Beaver Dam?
The median household income in Beaver Dam, IN is $52,917 per year, which is 30% below the national median of $75,149.
What is the median home value in Beaver Dam?
The median home value in Beaver Dam, IN is $107,900, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Beaver Dam?
The median monthly rent in Beaver Dam, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Beaver Dam?
The unemployment rate in Beaver Dam, IN is 21.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Beaver Dam, IN a good place to live?
Beaver Dam offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 189 and a median age of 55.9, the city appeals to established professionals and retirees.
How educated is Beaver Dam, IN?
12.8% of residents in Beaver Dam 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 Beaver Dam?
Key cost-of-living indicators for Beaver Dam, IN: median home value is $107,900 (56% below national), median rent is $0/month, and median household income is $52,917. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Beaver Dam?
The poverty rate in Beaver Dam, IN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Beaver Dam, IN?
Beaver Dam's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.