Bunker Hill, IN
Population 956 · Indiana
About Bunker Hill, IN
Bunker Hill is a small community located in Indiana with a population of 956 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,389 per year, which is 38% below the national median of $75,149. The median age of 43.9 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 Bunker Hill features a median home value of $85,400, which is 65% below the national median of $244,900. This makes Bunker Hill one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $632, 46% below the national average of $1,163/month. Of the 570 total housing units, 65% are owner-occupied (311 units) and 35% are renter-occupied (169 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Bunker Hill shows an unemployment rate of 9.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.3%, above the national average of 12.4%. Workers in Bunker Hill have an average one-way commute time of 25.2 minutes.
Education & Demographics
11.2% of Bunker Hill 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 0.4% White, 1.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.1% of the population being foreign-born.
How Bunker Hill Ranks in Indiana
Cost of Living in Bunker Hill, IN
Compared to national averages, Bunker Hill has a median household income of $46,389 (38% below the national median of $75,149). Home values average $85,400, which is 65% below the national median. Monthly rent at $632 is 46% below the US average of $1,163. Within Indiana, Bunker Hill's income is 33% below the state average of $69,330, and home values are 48% below the state median of $163,409.
Why Live in Bunker Hill, IN?
Bunker Hill offers affordable housing with a median home value of $85,400, below the US average of $244,900, and rent that’s lower than the national average at $632/month.
Potential considerations include median household income ($46,389) that falls below the national average. However, Bunker Hill’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bunker Hill has a population of 956 with a median age of 43.9 years. Compare Bunker Hill with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Bunker Hill
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Elberfeld | 958 | $101,964 | $161,900 | Compare |
| Fish Lake | 954 | $69,417 | $181,300 | Compare |
| Silver Lake | 961 | $53,542 | $107,300 | Compare |
| Dublin | 962 | $58,520 | $102,400 | Compare |
| Francesville | 966 | $65,469 | $113,600 | Compare |
| Taylorsville | 978 | $48,640 | $179,400 | Compare |
| Brook | 979 | $57,422 | $101,200 | Compare |
| Roseland | 982 | $48,125 | $117,900 | 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.
Compare Bunker Hill With Other Cities
Frequently Asked Questions about Bunker Hill
What is the population of Bunker Hill, IN?
The population of Bunker Hill, IN is 956 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 Bunker Hill?
The median household income in Bunker Hill, IN is $46,389 per year, which is 38% below the national median of $75,149.
What is the median home value in Bunker Hill?
The median home value in Bunker Hill, IN is $85,400, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bunker Hill?
The median monthly rent in Bunker Hill, IN is $632, which is 46% below the national average of $1,163/month.
What is the unemployment rate in Bunker Hill?
The unemployment rate in Bunker Hill, IN is 9.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Bunker Hill, IN a good place to live?
Bunker Hill offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 956 and a median age of 43.9, the city appeals to a broad range of residents.
How educated is Bunker Hill, IN?
11.2% of residents in Bunker Hill 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 Bunker Hill?
Key cost-of-living indicators for Bunker Hill, IN: median home value is $85,400 (65% below national), median rent is $632/month, and median household income is $46,389. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bunker Hill?
The poverty rate in Bunker Hill, IN is 13.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Bunker Hill, IN?
Bunker Hill's population is 0.4% White, 1.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.0% two or more races. 0.1% of residents are foreign-born.