Hamilton, IN
Population 1,849 · Indiana
About Hamilton, IN
Hamilton is a small community in Indiana with a population of 1,849 residents. The median household income is $66,884 per year, which is near the national average. The median age in Hamilton is 52 years.
Housing in Hamilton has a median home value of $265,600 and median monthly rent of $929. Of the 1,307 total housing units, the majority are owner-occupied, with 625 owner-occupied and 248 renter-occupied units.
The unemployment rate in Hamilton is 3.2% and the poverty rate is 8.2%. 20.2% of residents hold a bachelor's degree or higher. The average commute time is 25.7 minutes.
Cost of Living in Hamilton, IN
Compared to national averages, Hamilton has a median household income of $66,884 (11% below the national median of $75,149). Home values average $265,600, which is 8% above the national median. Monthly rent at $929 is 20% below the US average of $1,163. Within Indiana, Hamilton's income is 4% below the state average of $69,330, and home values are 63% above the state median of $163,409.
Why Live in Hamilton, IN?
Hamilton offers rent that’s lower than the national average at $929/month, and a strong job market with an unemployment rate of just 3.2%, and a low poverty rate of 8.2%, better than the national average.
Potential considerations include median household income ($66,884) that falls below the national average. However, Hamilton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hamilton has a population of 1,849 with a median age of 52 years. Compare Hamilton with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Hamilton
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| North Liberty | 1,838 | $61,143 | $157,100 | Compare |
| Argos | 1,822 | $60,214 | $128,100 | Compare |
| Roanoke | 1,819 | $72,880 | $168,600 | Compare |
| Bourbon | 1,816 | $71,375 | $156,800 | Compare |
| Versailles | 1,882 | $50,179 | $165,600 | Compare |
| Dillsboro | 1,809 | $46,591 | $137,700 | Compare |
| Ardmore | 1,807 | $45,709 | $113,300 | Compare |
| Churubusco | 1,894 | $59,621 | $137,600 | 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 Hamilton
What is the population of Hamilton, IN?
The population of Hamilton, IN is 1,849 according to the latest Census data.
What is the median household income in Hamilton?
The median household income in Hamilton, IN is $66,884 per year.
What is the median home value in Hamilton?
The median home value in Hamilton, IN is $265,600.
What is the average rent in Hamilton?
The median monthly rent in Hamilton, IN is $929.
What is the unemployment rate in Hamilton?
The unemployment rate in Hamilton, IN is 3.2%.