Cortland, IN
Population 59 · Indiana
About Cortland, IN
Cortland is a small community located in Indiana with a population of 59 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,667 per year, which is 25% below the national median of $75,149. The median age of 69.7 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 Cortland features a median home value of $0, which is 100% below the national median of $244,900. This makes Cortland 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 44 total housing units, 100% are owner-occupied (44 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cortland 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 Cortland have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
16.9% of Cortland 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 Cortland, IN
Compared to national averages, Cortland has a median household income of $56,667 (25% 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, Cortland's income is 18% below the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Cortland, IN?
Cortland 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 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, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($56,667) that falls below the national average. However, Cortland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cortland has a population of 59 with a median age of 69.7 years. Compare Cortland 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 Cortland
What is the population of Cortland, IN?
The population of Cortland, IN is 59 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 Cortland?
The median household income in Cortland, IN is $56,667 per year, which is 25% below the national median of $75,149.
What is the median home value in Cortland?
The median home value in Cortland, 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 Cortland?
The median monthly rent in Cortland, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Cortland?
The unemployment rate in Cortland, 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 Cortland, IN a good place to live?
Cortland offers a moderate cost of living, affordable housing, and a strong job market. With a population of 59 and a median age of 69.7, the city appeals to established professionals and retirees.
How educated is Cortland, IN?
16.9% of residents in Cortland 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 Cortland?
Key cost-of-living indicators for Cortland, IN: median home value is $0 (100% below national), median rent is $0/month, and median household income is $56,667. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cortland?
The poverty rate in Cortland, 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 Cortland, IN?
Cortland'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.