Glenwood, IN
Population 403 · Indiana
About Glenwood, IN
Glenwood is a small community located in Indiana with a population of 403 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,167 per year, which is 37% below the national median of $75,149. The median age of 49 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 Glenwood features a median home value of $87,300, which is 64% below the national median of $244,900. This makes Glenwood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,110, 5% below the national average of $1,163/month. Of the 181 total housing units, 75% are owner-occupied (125 units) and 25% are renter-occupied (41 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Glenwood shows an unemployment rate of 1.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Glenwood have an average one-way commute time of 24.5 minutes.
Education & Demographics
5.1% of Glenwood 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 Glenwood, IN
Compared to national averages, Glenwood has a median household income of $47,167 (37% below the national median of $75,149). Home values average $87,300, which is 64% below the national median. Monthly rent at $1,110 is 5% below the US average of $1,163. Within Indiana, Glenwood's income is 32% below the state average of $69,330, and home values are 47% below the state median of $163,409.
Why Live in Glenwood, IN?
Glenwood offers affordable housing with a median home value of $87,300, below the US average of $244,900, and rent that’s lower than the national average at $1,110/month, and a strong job market with an unemployment rate of just 1.5%. Additionally, the city features a low poverty rate of 6.9%, better than the national average, and short commute times averaging just 24.5 minutes.
Potential considerations include median household income ($47,167) that falls below the national average. However, Glenwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Glenwood has a population of 403 with a median age of 49 years. Compare Glenwood with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Glenwood
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Charlottesville | 403 | $0 | $210,400 | Compare |
| Metamora | 402 | $60,682 | $131,800 | Compare |
| Plainville | 405 | $51,667 | $90,700 | Compare |
| Anoka | 400 | $34,167 | $11,800 | Compare |
| Dubois | 399 | $0 | $0 | Compare |
| Celestine | 398 | $150,270 | $237,800 | Compare |
| Clear Lake | 409 | $101,563 | $741,500 | Compare |
| Liberty Center | 409 | $82,966 | $0 | 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 Glenwood With Other Cities
Frequently Asked Questions about Glenwood
What is the population of Glenwood, IN?
The population of Glenwood, IN is 403 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 Glenwood?
The median household income in Glenwood, IN is $47,167 per year, which is 37% below the national median of $75,149.
What is the median home value in Glenwood?
The median home value in Glenwood, IN is $87,300, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Glenwood?
The median monthly rent in Glenwood, IN is $1,110, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Glenwood?
The unemployment rate in Glenwood, IN is 1.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Glenwood, IN a good place to live?
Glenwood offers a moderate cost of living, affordable housing, and a strong job market. With a population of 403 and a median age of 49, the city appeals to established professionals and retirees.
How educated is Glenwood, IN?
5.1% of residents in Glenwood 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 Glenwood?
Key cost-of-living indicators for Glenwood, IN: median home value is $87,300 (64% below national), median rent is $1,110/month, and median household income is $47,167. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Glenwood?
The poverty rate in Glenwood, IN is 6.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Glenwood, IN?
Glenwood'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.