Folsomville, IN
Population 121 · Indiana
About Folsomville, IN
Folsomville is a small community located in Indiana with a population of 121 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,600 per year, which is 47% below the national median of $75,149. The median age of 17.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Folsomville features a median home value of $0, which is 100% below the national median of $244,900. This makes Folsomville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 42 total housing units, 40% are owner-occupied (17 units) and 60% are renter-occupied (25 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Folsomville 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 Folsomville have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
14.0% of Folsomville 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 Folsomville, IN
Compared to national averages, Folsomville has a median household income of $39,600 (47% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Folsomville's income is 43% below the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Folsomville, IN?
Folsomville offers affordable housing with a median home value of $0, 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 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($39,600) that falls below the national average. However, Folsomville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Folsomville has a population of 121 with a median age of 17.7 years. Compare Folsomville with other cities to see how it stacks up, or explore all cities in Indiana.
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Cities in Indiana with a similar population size.
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 Folsomville
What is the population of Folsomville, IN?
The population of Folsomville, IN is 121 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 Folsomville?
The median household income in Folsomville, IN is $39,600 per year, which is 47% below the national median of $75,149.
What is the median home value in Folsomville?
The median home value in Folsomville, IN is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Folsomville?
The median monthly rent in Folsomville, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Folsomville?
The unemployment rate in Folsomville, 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 Folsomville, IN a good place to live?
Folsomville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 121 and a median age of 17.7, the city appeals to young professionals and families.
How educated is Folsomville, IN?
14.0% of residents in Folsomville 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 Folsomville?
Key cost-of-living indicators for Folsomville, IN: median home value is $0 (100% below national), median rent is $0/month, and median household income is $39,600. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Folsomville?
The poverty rate in Folsomville, 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 Folsomville, IN?
Folsomville'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.