Eaton, IN
Population 1,656 · Indiana
About Eaton, IN
Eaton is a small town located in Indiana with a population of 1,656 residents according to the latest US Census Bureau American Community Survey data. The median household income is $49,076 per year, which is 35% below the national median of $75,149. The median age of 37.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Eaton features a median home value of $85,600, which is 65% below the national median of $244,900. This makes Eaton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $688, 41% below the national average of $1,163/month. Of the 828 total housing units, 72% are owner-occupied (530 units) and 28% are renter-occupied (203 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Eaton shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Eaton have an average one-way commute time of 28.3 minutes.
Education & Demographics
8.8% of Eaton 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 1.3% White, 4.7% Hispanic or Latino, 0.0% Black or African American, and 2.9% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Eaton, IN
Compared to national averages, Eaton has a median household income of $49,076 (35% below the national median of $75,149). Home values average $85,600, which is 65% below the national median. Monthly rent at $688 is 41% below the US average of $1,163. Within Indiana, Eaton's income is 29% below the state average of $69,330, and home values are 48% below the state median of $163,409.
Why Live in Eaton, IN?
Eaton offers affordable housing with a median home value of $85,600, below the US average of $244,900, and rent that’s lower than the national average at $688/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 11.5%, better than the national average.
Potential considerations include median household income ($49,076) that falls below the national average. However, Eaton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eaton has a population of 1,656 with a median age of 37.4 years. Compare Eaton with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Eaton
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Westport | 1,666 | $52,083 | $136,500 | Compare |
| Worthington | 1,634 | $41,534 | $67,600 | Compare |
| New Paris | 1,630 | $71,750 | $173,100 | Compare |
| Cambridge City | 1,623 | $46,500 | $97,400 | Compare |
| Foxcliff Estates | 1,693 | $151,406 | $468,300 | Compare |
| Galena | 1,618 | $112,411 | $269,000 | Compare |
| Arcadia | 1,696 | $66,852 | $164,400 | Compare |
| Crothersville | 1,701 | $52,039 | $112,800 | 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 Eaton With Other Cities
Frequently Asked Questions about Eaton
What is the population of Eaton, IN?
The population of Eaton, IN is 1,656 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Eaton?
The median household income in Eaton, IN is $49,076 per year, which is 35% below the national median of $75,149.
What is the median home value in Eaton?
The median home value in Eaton, IN is $85,600, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Eaton?
The median monthly rent in Eaton, IN is $688, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Eaton?
The unemployment rate in Eaton, IN is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Eaton, IN a good place to live?
Eaton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,656 and a median age of 37.4, the city appeals to a broad range of residents.
How educated is Eaton, IN?
8.8% of residents in Eaton 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 Eaton?
Key cost-of-living indicators for Eaton, IN: median home value is $85,600 (65% below national), median rent is $688/month, and median household income is $49,076. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Eaton?
The poverty rate in Eaton, IN is 11.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Eaton, IN?
Eaton's population is 1.3% White, 4.7% Hispanic or Latino, 0.0% Black or African American, 2.9% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.