Charlestown, IN
Population 8,118 · Indiana
About Charlestown, IN
Charlestown is a small community in Indiana with a population of 8,118 residents. The median household income is $77,548 per year, which is above the national average. The median age in Charlestown is 36.3 years.
Housing in Charlestown has a median home value of $191,200 and median monthly rent of $903. Of the 3,322 total housing units, the majority are owner-occupied, with 2,252 owner-occupied and 802 renter-occupied units.
The unemployment rate in Charlestown is 2.6% and the poverty rate is 10.6%. 23.7% of residents hold a bachelor's degree or higher. The average commute time is 24.8 minutes.
Cost of Living in Charlestown, IN
Compared to national averages, Charlestown has a median household income of $77,548 (3% above the national median of $75,149). Home values average $191,200, which is 22% below the national median. Monthly rent at $903 is 22% below the US average of $1,163. Within Indiana, Charlestown's income is 12% above the state average of $69,330, and home values are 17% above the state median of $163,409.
Why Live in Charlestown, IN?
Charlestown offers a strong local economy with a median household income of $77,548, well above the national average, and affordable housing with a median home value of $191,200, below the US average of $244,900, and rent that’s lower than the national average at $903/month. Additionally, the city features a strong job market with an unemployment rate of just 2.6%, and a low poverty rate of 10.6%, better than the national average, and short commute times averaging just 24.8 minutes.
Charlestown has a population of 8,118 with a median age of 36.3 years. Compare Charlestown with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Charlestown
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brazil | 8,064 | $49,331 | $105,900 | Compare |
| Elwood | 8,320 | $54,084 | $92,800 | Compare |
| Princeton | 8,347 | $57,234 | $117,100 | Compare |
| Winfield | 7,501 | $128,980 | $401,200 | Compare |
| Tell City | 7,490 | $50,702 | $121,200 | Compare |
| Lakes of the Four Seasons | 7,338 | $116,778 | $300,500 | Compare |
| Scottsburg | 7,338 | $38,027 | $123,900 | Compare |
| North Vernon | 7,214 | $48,235 | $107,900 | 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.
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Frequently Asked Questions about Charlestown
What is the population of Charlestown, IN?
The population of Charlestown, IN is 8,118 according to the latest Census data.
What is the median household income in Charlestown?
The median household income in Charlestown, IN is $77,548 per year.
What is the median home value in Charlestown?
The median home value in Charlestown, IN is $191,200.
What is the average rent in Charlestown?
The median monthly rent in Charlestown, IN is $903.
What is the unemployment rate in Charlestown?
The unemployment rate in Charlestown, IN is 2.6%.