Francesville, IN
Population 966 · Indiana
About Francesville, IN
Francesville is a small community located in Indiana with a population of 966 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,469 per year, which is 13% below the national median of $75,149. The median age of 38 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Francesville features a median home value of $113,600, which is 54% below the national median of $244,900. This makes Francesville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $825, 29% below the national average of $1,163/month. Of the 377 total housing units, 76% are owner-occupied (259 units) and 24% are renter-occupied (84 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Francesville shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 22.1%, above the national average of 12.4%. Workers in Francesville have an average one-way commute time of 25.9 minutes.
Education & Demographics
15.5% of Francesville 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 7.2% White, 0.8% Hispanic or Latino, 1.8% Black or African American, and 0.0% Asian residents, with 1.0% of the population being foreign-born.
Cost of Living in Francesville, IN
Compared to national averages, Francesville has a median household income of $65,469 (13% below the national median of $75,149). Home values average $113,600, which is 54% below the national median. Monthly rent at $825 is 29% below the US average of $1,163. Within Indiana, Francesville's income is 6% below the state average of $69,330, and home values are 30% below the state median of $163,409.
Why Live in Francesville, IN?
Francesville offers affordable housing with a median home value of $113,600, below the US average of $244,900, and rent that’s lower than the national average at $825/month.
Potential considerations include median household income ($65,469) that falls below the national average. However, Francesville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Francesville has a population of 966 with a median age of 38 years. Compare Francesville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Francesville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dublin | 962 | $58,520 | $102,400 | Compare |
| Silver Lake | 961 | $53,542 | $107,300 | Compare |
| Elberfeld | 958 | $101,964 | $161,900 | Compare |
| Bunker Hill | 956 | $46,389 | $85,400 | Compare |
| Fish Lake | 954 | $69,417 | $181,300 | Compare |
| Taylorsville | 978 | $48,640 | $179,400 | Compare |
| Brook | 979 | $57,422 | $101,200 | Compare |
| Roseland | 982 | $48,125 | $117,900 | 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 Francesville With Other Cities
Frequently Asked Questions about Francesville
What is the population of Francesville, IN?
The population of Francesville, IN is 966 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 Francesville?
The median household income in Francesville, IN is $65,469 per year, which is 13% below the national median of $75,149.
What is the median home value in Francesville?
The median home value in Francesville, IN is $113,600, which is 54% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Francesville?
The median monthly rent in Francesville, IN is $825, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Francesville?
The unemployment rate in Francesville, IN is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Francesville, IN a good place to live?
Francesville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 966 and a median age of 38, the city appeals to a broad range of residents.
How educated is Francesville, IN?
15.5% of residents in Francesville 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 Francesville?
Key cost-of-living indicators for Francesville, IN: median home value is $113,600 (54% below national), median rent is $825/month, and median household income is $65,469. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Francesville?
The poverty rate in Francesville, IN is 22.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Francesville, IN?
Francesville's population is 7.2% White, 0.8% Hispanic or Latino, 1.8% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.0% of residents are foreign-born.