Hanna, IN
Population 490 · Indiana
About Hanna, IN
Hanna is a small community located in Indiana with a population of 490 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,625 per year, which is 50% below the national median of $75,149. The median age of 32.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Hanna features a median home value of $168,000, which is 31% below the national median of $244,900. This positions Hanna in a moderately priced market relative to the rest of the country. Median monthly rent is $780, 33% below the national average of $1,163/month. Of the 204 total housing units, 47% are owner-occupied (96 units) and 53% are renter-occupied (108 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Hanna 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 55.3%, above the national average of 12.4%. Workers in Hanna have an average one-way commute time of 37.2 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
15.9% of Hanna 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 2.2% White, 0.0% Hispanic or Latino, 29.6% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Hanna, IN
Compared to national averages, Hanna has a median household income of $37,625 (50% below the national median of $75,149). Home values average $168,000, which is 31% below the national median. Monthly rent at $780 is 33% below the US average of $1,163. Within Indiana, Hanna's income is 46% below the state average of $69,330, and home values are 3% above the state median of $163,409.
Why Live in Hanna, IN?
Hanna offers affordable housing with a median home value of $168,000, below the US average of $244,900, and rent that’s lower than the national average at $780/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($37,625) that falls below the national average. However, Hanna’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hanna has a population of 490 with a median age of 32.8 years. Compare Hanna with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Hanna
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Arlington | 491 | $49,241 | $137,800 | Compare |
| San Pierre | 489 | $62,750 | $190,800 | Compare |
| Spring Grove | 492 | $55,804 | $133,300 | Compare |
| Elnora | 487 | $48,750 | $90,500 | Compare |
| Snow Lake | 497 | $78,333 | $425,000 | Compare |
| Van Bibber Lake | 483 | $32,195 | $0 | Compare |
| La Paz | 498 | $75,750 | $121,900 | Compare |
| Riley | 479 | $72,813 | $92,700 | 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 Hanna
What is the population of Hanna, IN?
The population of Hanna, IN is 490 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 Hanna?
The median household income in Hanna, IN is $37,625 per year, which is 50% below the national median of $75,149.
What is the median home value in Hanna?
The median home value in Hanna, IN is $168,000, which is 31% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Hanna?
The median monthly rent in Hanna, IN is $780, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Hanna?
The unemployment rate in Hanna, 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 Hanna, IN a good place to live?
Hanna offers a moderate cost of living, affordable housing, and a strong job market. With a population of 490 and a median age of 32.8, the city appeals to young professionals and families.
How educated is Hanna, IN?
15.9% of residents in Hanna 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 Hanna?
Key cost-of-living indicators for Hanna, IN: median home value is $168,000 (31% below national), median rent is $780/month, and median household income is $37,625. The home-value-to-income ratio is 4.5x, a moderate figure by national standards.
What is the poverty rate in Hanna?
The poverty rate in Hanna, IN is 55.3%, 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 Hanna, IN?
Hanna's population is 2.2% White, 0.0% Hispanic or Latino, 29.6% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.