Borden, IN
Population 880 · Indiana
About Borden, IN
Borden is a small community located in Indiana with a population of 880 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,750 per year, which is 6% below the national median of $75,149. The median age of 30.9 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 Borden features a median home value of $167,100, which is 32% below the national median of $244,900. This positions Borden in a moderately priced market relative to the rest of the country. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 376 total housing units, 78% are owner-occupied (262 units) and 22% are renter-occupied (72 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Borden shows an unemployment rate of 0.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Borden have an average one-way commute time of 29.4 minutes.
Education & Demographics
26.3% of Borden residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.2% White, 0.0% Hispanic or Latino, 0.5% Black or African American, and 0.1% Asian residents, with 0.9% of the population being foreign-born.
How Borden Ranks in Indiana
Cost of Living in Borden, IN
Compared to national averages, Borden has a median household income of $70,750 (6% below the national median of $75,149). Home values average $167,100, which is 32% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Indiana, Borden's income is 2% above the state average of $69,330, and home values are 2% above the state median of $163,409.
Why Live in Borden, IN?
Borden offers affordable housing with a median home value of $167,100, below the US average of $244,900, and rent that’s lower than the national average at $850/month, and a strong job market with an unemployment rate of just 0.2%. Additionally, the city features a low poverty rate of 7.2%, better than the national average.
Potential considerations include median household income ($70,750) that falls below the national average. However, Borden’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Borden has a population of 880 with a median age of 30.9 years. Compare Borden with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Borden
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clayton | 874 | $83,500 | $214,900 | Compare |
| Hoagland | 886 | $60,417 | $170,900 | Compare |
| North Webster | 886 | $59,167 | $192,900 | Compare |
| Howe | 887 | $51,603 | $140,900 | Compare |
| La Fontaine | 873 | $50,875 | $83,800 | Compare |
| Patoka | 887 | $61,136 | $92,300 | Compare |
| Swayzee | 872 | $66,250 | $118,800 | Compare |
| Lanesville | 871 | $80,473 | $208,000 | 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 Borden With Other Cities
Frequently Asked Questions about Borden
What is the population of Borden, IN?
The population of Borden, IN is 880 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 Borden?
The median household income in Borden, IN is $70,750 per year, which is 6% below the national median of $75,149.
What is the median home value in Borden?
The median home value in Borden, IN is $167,100, which is 32% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Borden?
The median monthly rent in Borden, IN is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Borden?
The unemployment rate in Borden, IN is 0.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Borden, IN a good place to live?
Borden offers a moderate cost of living, affordable housing, and a strong job market. With a population of 880 and a median age of 30.9, the city appeals to young professionals and families.
How educated is Borden, IN?
26.3% of residents in Borden 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 Borden?
Key cost-of-living indicators for Borden, IN: median home value is $167,100 (32% below national), median rent is $850/month, and median household income is $70,750. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Borden?
The poverty rate in Borden, IN is 7.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Borden, IN?
Borden's population is 0.2% White, 0.0% Hispanic or Latino, 0.5% Black or African American, 0.1% Asian, and 0.9% two or more races. 0.9% of residents are foreign-born.