Delaware, IN
Population 438 · Indiana
About Delaware, IN
Delaware is a small community located in Indiana with a population of 438 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,663 per year, which is 2% below the national median of $75,149. The median age of 61.1 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 Delaware features a median home value of $162,300, which is 34% below the national median of $244,900. This positions Delaware 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 192 total housing units, 100% are owner-occupied (192 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Delaware 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 1.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Delaware have an average one-way commute time of 20.4 minutes.
Education & Demographics
1.8% of Delaware 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 Delaware, IN
Compared to national averages, Delaware has a median household income of $73,663 (2% below the national median of $75,149). Home values average $162,300, which is 34% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Delaware's income is 6% above the state average of $69,330, and home values are 1% below the state median of $163,409.
Why Live in Delaware, IN?
Delaware offers affordable housing with a median home value of $162,300, 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 a low poverty rate of 1.4%, better than the national average, and short commute times averaging just 20.4 minutes.
Potential considerations include median household income ($73,663) that falls below the national average. However, Delaware’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Delaware has a population of 438 with a median age of 61.1 years. Compare Delaware with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Delaware
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Center | 436 | $83,569 | $239,500 | Compare |
| Chrisney | 441 | $62,500 | $96,100 | Compare |
| New Richmond | 441 | $80,104 | $81,500 | Compare |
| Center Point | 442 | $92,604 | $96,200 | Compare |
| Hatfield | 442 | $77,857 | $128,000 | Compare |
| Michiana Shores | 433 | $92,500 | $448,300 | Compare |
| New Washington | 432 | $84,141 | $193,000 | Compare |
| Bruceville | 445 | $52,750 | $86,900 | 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.
Compare Delaware With Other Cities
Frequently Asked Questions about Delaware
What is the population of Delaware, IN?
The population of Delaware, IN is 438 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 Delaware?
The median household income in Delaware, IN is $73,663 per year, which is 2% below the national median of $75,149.
What is the median home value in Delaware?
The median home value in Delaware, IN is $162,300, which is 34% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Delaware?
The median monthly rent in Delaware, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Delaware?
The unemployment rate in Delaware, 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 Delaware, IN a good place to live?
Delaware offers a moderate cost of living, affordable housing, and a strong job market. With a population of 438 and a median age of 61.1, the city appeals to established professionals and retirees.
How educated is Delaware, IN?
1.8% of residents in Delaware 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 Delaware?
Key cost-of-living indicators for Delaware, IN: median home value is $162,300 (34% below national), median rent is $0/month, and median household income is $73,663. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Delaware?
The poverty rate in Delaware, IN is 1.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Delaware, IN?
Delaware'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.