Greencastle, IN
Population 9,863 · Indiana
About Greencastle, IN
Greencastle is a small community in Indiana with a population of 9,863 residents. The median household income is $54,217 per year, which is near the national average. The median age in Greencastle is 28.7 years.
Housing in Greencastle has a median home value of $154,000 and median monthly rent of $904. Of the 3,805 total housing units, renting is more common than owning, with 1,461 owner-occupied and 2,096 renter-occupied units.
The unemployment rate in Greencastle is 1.6% and the poverty rate is 8.7%. 25.8% of residents hold a bachelor's degree or higher. The average commute time is 18.1 minutes.
Cost of Living in Greencastle, IN
Compared to national averages, Greencastle has a median household income of $54,217 (28% below the national median of $75,149). Home values average $154,000, which is 37% below the national median. Monthly rent at $904 is 22% below the US average of $1,163. Within Indiana, Greencastle's income is 22% below the state average of $69,330, and home values are 6% below the state median of $163,409.
Why Live in Greencastle, IN?
Greencastle offers affordable housing with a median home value of $154,000, below the US average of $244,900, and rent that’s lower than the national average at $904/month, and a strong job market with an unemployment rate of just 1.6%. Additionally, the city features a low poverty rate of 8.7%, better than the national average, and short commute times averaging just 18.1 minutes.
Potential considerations include median household income ($54,217) that falls below the national average. However, Greencastle’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Greencastle has a population of 9,863 with a median age of 28.7 years. Compare Greencastle with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Greencastle
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Decatur | 9,769 | $58,867 | $132,900 | Compare |
| Columbia City | 9,975 | $65,000 | $184,300 | Compare |
| McCordsville | 9,700 | $113,495 | $327,900 | Compare |
| Kendallville | 10,094 | $60,909 | $130,600 | Compare |
| Mooresville | 9,608 | $70,228 | $194,300 | Compare |
| Bargersville | 10,163 | $104,160 | $405,100 | Compare |
| Sellersburg | 10,215 | $69,851 | $213,300 | Compare |
| Angola | 9,383 | $59,355 | $186,900 | 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.
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Frequently Asked Questions about Greencastle
What is the population of Greencastle, IN?
The population of Greencastle, IN is 9,863 according to the latest Census data.
What is the median household income in Greencastle?
The median household income in Greencastle, IN is $54,217 per year.
What is the median home value in Greencastle?
The median home value in Greencastle, IN is $154,000.
What is the average rent in Greencastle?
The median monthly rent in Greencastle, IN is $904.
What is the unemployment rate in Greencastle?
The unemployment rate in Greencastle, IN is 1.6%.