Burnett, IN
Population 124 · Indiana
About Burnett, IN
Burnett is a small community located in Indiana with a population of 124 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,433 per year, which is 33% below the national median of $75,149. The median age of 60.8 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 Burnett features a median home value of $0, which is 100% below the national median of $244,900. This makes Burnett 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 61 total housing units, 80% are owner-occupied (49 units) and 20% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Burnett shows an unemployment rate of 71.4%, 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 Burnett have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Burnett 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, 9.7% 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 Burnett, IN
Compared to national averages, Burnett has a median household income of $50,433 (33% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Burnett's income is 27% below the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Burnett, IN?
Burnett offers affordable housing with a median home value of $0, 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 ($50,433) that falls below the national average. However, Burnett’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Burnett has a population of 124 with a median age of 60.8 years. Compare Burnett with other cities to see how it stacks up, or explore all cities in Indiana.
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Demographics
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Economy & Education
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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 Burnett
What is the population of Burnett, IN?
The population of Burnett, IN is 124 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 Burnett?
The median household income in Burnett, IN is $50,433 per year, which is 33% below the national median of $75,149.
What is the median home value in Burnett?
The median home value in Burnett, IN is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Burnett?
The median monthly rent in Burnett, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Burnett?
The unemployment rate in Burnett, IN is 71.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Burnett, IN a good place to live?
Burnett offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 124 and a median age of 60.8, the city appeals to established professionals and retirees.
How educated is Burnett, IN?
0.0% of residents in Burnett 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 Burnett?
Key cost-of-living indicators for Burnett, IN: median home value is $0 (100% below national), median rent is $0/month, and median household income is $50,433. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Burnett?
The poverty rate in Burnett, 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 Burnett, IN?
Burnett's population is 0.0% White, 9.7% 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.