Cromwell, IN
Population 703 · Indiana
About Cromwell, IN
Cromwell is a small community in Indiana with a population of 703 residents. The median household income is $48,500 per year, which is below the national average. The median age in Cromwell is 27.8 years.
Housing in Cromwell has a median home value of $111,800 and median monthly rent of $838. Of the 289 total housing units, renting is more common than owning, with 94 owner-occupied and 162 renter-occupied units.
The unemployment rate in Cromwell is 12.3% and the poverty rate is 24.1%. 10.5% of residents hold a bachelor's degree or higher. The average commute time is 21.3 minutes.
Cost of Living in Cromwell, IN
Compared to national averages, Cromwell has a median household income of $48,500 (35% below the national median of $75,149). Home values average $111,800, which is 54% below the national median. Monthly rent at $838 is 28% below the US average of $1,163. Within Indiana, Cromwell's income is 30% below the state average of $69,330, and home values are 32% below the state median of $163,409.
Why Live in Cromwell, IN?
Cromwell offers affordable housing with a median home value of $111,800, below the US average of $244,900, and rent that’s lower than the national average at $838/month, and short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($48,500) that falls below the national average. However, Cromwell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cromwell has a population of 703 with a median age of 27.8 years. Compare Cromwell with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Cromwell
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Boswell | 703 | $49,091 | $92,400 | Compare |
| Clarks Hill | 706 | $45,875 | $98,200 | Compare |
| Shoals | 700 | $43,304 | $114,300 | Compare |
| Harmony | 708 | $53,650 | $115,100 | Compare |
| Gaston | 709 | $49,417 | $87,300 | Compare |
| Nineveh | 694 | $73,750 | $181,400 | Compare |
| Windfall City | 693 | $61,375 | $94,300 | Compare |
| Fountain City | 718 | $46,106 | $96,900 | 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 Cromwell
What is the population of Cromwell, IN?
The population of Cromwell, IN is 703 according to the latest Census data.
What is the median household income in Cromwell?
The median household income in Cromwell, IN is $48,500 per year.
What is the median home value in Cromwell?
The median home value in Cromwell, IN is $111,800.
What is the average rent in Cromwell?
The median monthly rent in Cromwell, IN is $838.
What is the unemployment rate in Cromwell?
The unemployment rate in Cromwell, IN is 12.3%.