Charlottesville, IN
Population 403 · Indiana
About Charlottesville, IN
Charlottesville is a small community located in Indiana with a population of 403 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 60 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 Charlottesville features a median home value of $210,400, which is 14% below the national median of $244,900. This positions Charlottesville in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 180 total housing units, 58% are owner-occupied (105 units) and 42% are renter-occupied (75 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Charlottesville shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Charlottesville have an average one-way commute time of 40.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
30.6% of Charlottesville 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 0.0% White, 1.0% 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 Charlottesville, IN
Compared to national averages, Charlottesville has a median household income of $0 (100% below the national median of $75,149). Home values average $210,400, which is 14% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Charlottesville's income is 100% below the state average of $69,330, and home values are 29% above the state median of $163,409.
Why Live in Charlottesville, IN?
Charlottesville offers affordable housing with a median home value of $210,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average.
Potential considerations include median household income ($0) that falls below the national average. However, Charlottesville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Charlottesville has a population of 403 with a median age of 60 years. Compare Charlottesville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Charlottesville
Cities in Indiana with a similar population size.
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 Charlottesville
What is the population of Charlottesville, IN?
The population of Charlottesville, IN is 403 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 Charlottesville?
The median household income in Charlottesville, IN is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Charlottesville?
The median home value in Charlottesville, IN is $210,400, which is 14% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Charlottesville?
The median monthly rent in Charlottesville, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Charlottesville?
The unemployment rate in Charlottesville, IN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Charlottesville, IN a good place to live?
Charlottesville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 403 and a median age of 60, the city appeals to established professionals and retirees.
How educated is Charlottesville, IN?
30.6% of residents in Charlottesville 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 Charlottesville?
Key cost-of-living indicators for Charlottesville, IN: median home value is $210,400 (14% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Charlottesville?
The poverty rate in Charlottesville, 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 Charlottesville, IN?
Charlottesville's population is 0.0% White, 1.0% 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.