Bourbon, IN
Population 1,816 · Indiana
About Bourbon, IN
Bourbon is a small community in Indiana with a population of 1,816 residents. The median household income is $71,375 per year, which is above the national average. The median age in Bourbon is 32.5 years.
Housing in Bourbon has a median home value of $156,800 and median monthly rent of $848. Of the 765 total housing units, the majority are owner-occupied, with 502 owner-occupied and 171 renter-occupied units.
The unemployment rate in Bourbon is 3.9% and the poverty rate is 11.0%. 23.1% of residents hold a bachelor's degree or higher. The average commute time is 20.1 minutes.
Cost of Living in Bourbon, IN
Compared to national averages, Bourbon has a median household income of $71,375 (5% below the national median of $75,149). Home values average $156,800, which is 36% below the national median. Monthly rent at $848 is 27% below the US average of $1,163. Within Indiana, Bourbon's income is 3% above the state average of $69,330, and home values are 4% below the state median of $163,409.
Why Live in Bourbon, IN?
Bourbon offers affordable housing with a median home value of $156,800, below the US average of $244,900, and rent that’s lower than the national average at $848/month, and a low poverty rate of 11.0%, better than the national average. Additionally, the city features short commute times averaging just 20.1 minutes.
Potential considerations include median household income ($71,375) that falls below the national average. However, Bourbon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bourbon has a population of 1,816 with a median age of 32.5 years. Compare Bourbon with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Bourbon
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Roanoke | 1,819 | $72,880 | $168,600 | Compare |
| Argos | 1,822 | $60,214 | $128,100 | Compare |
| Dillsboro | 1,809 | $46,591 | $137,700 | Compare |
| Ardmore | 1,807 | $45,709 | $113,300 | Compare |
| Henryville | 1,804 | $77,440 | $190,200 | Compare |
| North Liberty | 1,838 | $61,143 | $157,100 | Compare |
| French Lick | 1,790 | $54,412 | $79,600 | Compare |
| Frankton | 1,789 | $64,500 | $120,200 | 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 Bourbon
What is the population of Bourbon, IN?
The population of Bourbon, IN is 1,816 according to the latest Census data.
What is the median household income in Bourbon?
The median household income in Bourbon, IN is $71,375 per year.
What is the median home value in Bourbon?
The median home value in Bourbon, IN is $156,800.
What is the average rent in Bourbon?
The median monthly rent in Bourbon, IN is $848.
What is the unemployment rate in Bourbon?
The unemployment rate in Bourbon, IN is 3.9%.