Colburn, IN
Population 144 · Indiana
About Colburn, IN
Colburn is a small community located in Indiana with a population of 144 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 66.1 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 Colburn features a median home value of $126,300, which is 48% below the national median of $244,900. This makes Colburn 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 112 total housing units, 100% are owner-occupied (112 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Colburn 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 37.5%, above the national average of 12.4%. Workers in Colburn have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Colburn 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, 0.0% 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 Colburn, IN
Compared to national averages, Colburn has a median household income of $0 (100% below the national median of $75,149). Home values average $126,300, which is 48% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Colburn's income is 100% below the state average of $69,330, and home values are 23% below the state median of $163,409.
Why Live in Colburn, IN?
Colburn offers affordable housing with a median home value of $126,300, 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 short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Colburn’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Colburn has a population of 144 with a median age of 66.1 years. Compare Colburn with other cities to see how it stacks up, or explore all cities in Indiana.
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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 Colburn
What is the population of Colburn, IN?
The population of Colburn, IN is 144 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 Colburn?
The median household income in Colburn, IN is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Colburn?
The median home value in Colburn, IN is $126,300, which is 48% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Colburn?
The median monthly rent in Colburn, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Colburn?
The unemployment rate in Colburn, 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 Colburn, IN a good place to live?
Colburn offers a moderate cost of living, affordable housing, and a strong job market. With a population of 144 and a median age of 66.1, the city appeals to established professionals and retirees.
How educated is Colburn, IN?
0.0% of residents in Colburn 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 Colburn?
Key cost-of-living indicators for Colburn, IN: median home value is $126,300 (48% 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 Colburn?
The poverty rate in Colburn, IN is 37.5%, 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 Colburn, IN?
Colburn's population is 0.0% White, 0.0% 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.