Ferdinand, IN
Population 2,346 · Indiana
About Ferdinand, IN
Ferdinand is a small town located in Indiana with a population of 2,346 residents according to the latest US Census Bureau American Community Survey data. The median household income is $74,943 per year, which is 0% below the national median of $75,149. The median age of 48.7 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 Ferdinand features a median home value of $172,700, which is 29% below the national median of $244,900. This positions Ferdinand in a moderately priced market relative to the rest of the country. Median monthly rent is $861, 26% below the national average of $1,163/month. Of the 1,047 total housing units, 78% are owner-occupied (749 units) and 22% are renter-occupied (214 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ferdinand shows an unemployment rate of 0.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ferdinand have an average one-way commute time of 19.8 minutes, one of the shorter commutes in the region.
Education & Demographics
30.9% of Ferdinand 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 1.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 0.6% of the population being foreign-born.
How Ferdinand Ranks in Indiana
Cost of Living in Ferdinand, IN
Compared to national averages, Ferdinand has a median household income of $74,943 (0% below the national median of $75,149). Home values average $172,700, which is 29% below the national median. Monthly rent at $861 is 26% below the US average of $1,163. Within Indiana, Ferdinand's income is 8% above the state average of $69,330, and home values are 6% above the state median of $163,409.
Why Live in Ferdinand, IN?
Ferdinand offers affordable housing with a median home value of $172,700, below the US average of $244,900, and rent that’s lower than the national average at $861/month, and a strong job market with an unemployment rate of just 0.4%. Additionally, the city features a low poverty rate of 10.5%, better than the national average, and short commute times averaging just 19.8 minutes.
Potential considerations include median household income ($74,943) that falls below the national average. However, Ferdinand’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ferdinand has a population of 2,346 with a median age of 48.7 years. Compare Ferdinand with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Ferdinand
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Chicago | 2,348 | $54,700 | $118,900 | Compare |
| Spencer | 2,308 | $47,994 | $146,300 | Compare |
| Fowler | 2,286 | $51,654 | $110,300 | Compare |
| Brooklyn | 2,410 | $60,742 | $117,800 | Compare |
| Jasonville | 2,269 | $36,607 | $66,400 | Compare |
| Kouts | 2,261 | $75,854 | $223,700 | Compare |
| Shadeland | 2,257 | $88,125 | $261,300 | Compare |
| Bloomfield | 2,440 | $51,144 | $108,700 | 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 Ferdinand With Other Cities
Frequently Asked Questions about Ferdinand
What is the population of Ferdinand, IN?
The population of Ferdinand, IN is 2,346 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 Ferdinand?
The median household income in Ferdinand, IN is $74,943 per year, which is 0% below the national median of $75,149.
What is the median home value in Ferdinand?
The median home value in Ferdinand, IN is $172,700, which is 29% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ferdinand?
The median monthly rent in Ferdinand, IN is $861, which is 26% below the national average of $1,163/month.
What is the unemployment rate in Ferdinand?
The unemployment rate in Ferdinand, IN is 0.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Ferdinand, IN a good place to live?
Ferdinand offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,346 and a median age of 48.7, the city appeals to established professionals and retirees.
How educated is Ferdinand, IN?
30.9% of residents in Ferdinand 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 Ferdinand?
Key cost-of-living indicators for Ferdinand, IN: median home value is $172,700 (29% below national), median rent is $861/month, and median household income is $74,943. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ferdinand?
The poverty rate in Ferdinand, IN is 10.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ferdinand, IN?
Ferdinand's population is 1.0% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 0.4% two or more races. 0.6% of residents are foreign-born.