Cowan, IN
Population 110 · Indiana
About Cowan, IN
Cowan is a small community located in Indiana with a population of 110 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,786 per year, which is 15% above the national median of $75,149. The median age of 59.3 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 Cowan features a median home value of $182,100, which is 26% below the national median of $244,900. This positions Cowan 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 56 total housing units, 100% are owner-occupied (56 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cowan 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 Cowan have an average one-way commute time of 50.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
28.0% of Cowan 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, 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 Cowan, IN
Compared to national averages, Cowan has a median household income of $86,786 (15% above the national median of $75,149). Home values average $182,100, which is 26% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Cowan's income is 25% above the state average of $69,330, and home values are 11% above the state median of $163,409.
Why Live in Cowan, IN?
Cowan offers a strong local economy with a median household income of $86,786, well above the national average, and affordable housing with a median home value of $182,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 0.0%, better than the national average.
Cowan has a population of 110 with a median age of 59.3 years. Compare Cowan with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Cowan
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cates | 110 | $11,540 | $0 | Compare |
| Holiday Woods | 110 | $45,625 | $0 | Compare |
| Otisco | 110 | $37,167 | $0 | Compare |
| Urbana | 110 | $38,462 | $97,600 | Compare |
| Crows Nest | 109 | $245,000 | $2,000,001 | Compare |
| Cory | 108 | $0 | $0 | Compare |
| Pierceville | 108 | $56,750 | $178,900 | Compare |
| Indian Village | 113 | $77,778 | $210,400 | 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.
Compare Cowan With Other Cities
Frequently Asked Questions about Cowan
What is the population of Cowan, IN?
The population of Cowan, IN is 110 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 Cowan?
The median household income in Cowan, IN is $86,786 per year, which is 15% above the national median of $75,149.
What is the median home value in Cowan?
The median home value in Cowan, IN is $182,100, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cowan?
The median monthly rent in Cowan, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Cowan?
The unemployment rate in Cowan, 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 Cowan, IN a good place to live?
Cowan offers above-average incomes, affordable housing, and a strong job market. With a population of 110 and a median age of 59.3, the city appeals to established professionals and retirees.
How educated is Cowan, IN?
28.0% of residents in Cowan 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 Cowan?
Key cost-of-living indicators for Cowan, IN: median home value is $182,100 (26% below national), median rent is $0/month, and median household income is $86,786. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cowan?
The poverty rate in Cowan, 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 Cowan, IN?
Cowan'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.