Foster, IN
Population 128 · Indiana
About Foster, IN
Foster is a small community located in Indiana with a population of 128 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,833 per year, which is 19% below the national median of $75,149. The median age of 62 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 Foster features a median home value of $166,400, which is 32% below the national median of $244,900. This positions Foster 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 58 total housing units, 100% are owner-occupied (58 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Foster 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 Foster have an average one-way commute time of 18.6 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Foster 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 11.7% of the population being foreign-born.
Cost of Living in Foster, IN
Compared to national averages, Foster has a median household income of $60,833 (19% below the national median of $75,149). Home values average $166,400, which is 32% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Foster's income is 12% below the state average of $69,330, and home values are 2% above the state median of $163,409.
Why Live in Foster, IN?
Foster offers affordable housing with a median home value of $166,400, 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 18.6 minutes.
Potential considerations include median household income ($60,833) that falls below the national average. However, Foster’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Foster has a population of 128 with a median age of 62 years. Compare Foster with other cities to see how it stacks up, or explore all cities in Indiana.
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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 Foster
What is the population of Foster, IN?
The population of Foster, IN is 128 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 Foster?
The median household income in Foster, IN is $60,833 per year, which is 19% below the national median of $75,149.
What is the median home value in Foster?
The median home value in Foster, IN is $166,400, which is 32% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Foster?
The median monthly rent in Foster, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Foster?
The unemployment rate in Foster, 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 Foster, IN a good place to live?
Foster offers a moderate cost of living, affordable housing, and a strong job market. With a population of 128 and a median age of 62, the city appeals to established professionals and retirees.
How educated is Foster, IN?
0.0% of residents in Foster 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 Foster?
Key cost-of-living indicators for Foster, IN: median home value is $166,400 (32% below national), median rent is $0/month, and median household income is $60,833. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Foster?
The poverty rate in Foster, 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 Foster, IN?
Foster'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. 11.7% of residents are foreign-born.