Harmony, IN
Population 708 · Indiana
About Harmony, IN
Harmony is a small community located in Indiana with a population of 708 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,650 per year, which is 29% below the national median of $75,149. The median age of 43.9 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 Harmony features a median home value of $115,100, which is 53% below the national median of $244,900. This makes Harmony one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 360 total housing units, 76% are owner-occupied (254 units) and 24% are renter-occupied (81 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Harmony 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 14.0%, above the national average of 12.4%. Workers in Harmony have an average one-way commute time of 24.4 minutes.
Education & Demographics
5.0% of Harmony 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 5.6% White, 3.0% 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 Harmony, IN
Compared to national averages, Harmony has a median household income of $53,650 (29% below the national median of $75,149). Home values average $115,100, which is 53% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Indiana, Harmony's income is 23% below the state average of $69,330, and home values are 30% below the state median of $163,409.
Why Live in Harmony, IN?
Harmony offers affordable housing with a median home value of $115,100, below the US average of $244,900, and rent that’s lower than the national average at $850/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 24.4 minutes.
Potential considerations include median household income ($53,650) that falls below the national average. However, Harmony’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Harmony has a population of 708 with a median age of 43.9 years. Compare Harmony with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Harmony
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gaston | 709 | $49,417 | $87,300 | Compare |
| Clarks Hill | 706 | $45,875 | $98,200 | Compare |
| Boswell | 703 | $49,091 | $92,400 | Compare |
| Cromwell | 703 | $48,500 | $111,800 | Compare |
| Shoals | 700 | $43,304 | $114,300 | Compare |
| Fountain City | 718 | $46,106 | $96,900 | Compare |
| Nineveh | 694 | $73,750 | $181,400 | Compare |
| Windfall City | 693 | $61,375 | $94,300 | 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 Harmony With Other Cities
Frequently Asked Questions about Harmony
What is the population of Harmony, IN?
The population of Harmony, IN is 708 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 Harmony?
The median household income in Harmony, IN is $53,650 per year, which is 29% below the national median of $75,149.
What is the median home value in Harmony?
The median home value in Harmony, IN is $115,100, which is 53% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Harmony?
The median monthly rent in Harmony, IN is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Harmony?
The unemployment rate in Harmony, 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 Harmony, IN a good place to live?
Harmony offers a moderate cost of living, affordable housing, and a strong job market. With a population of 708 and a median age of 43.9, the city appeals to a broad range of residents.
How educated is Harmony, IN?
5.0% of residents in Harmony 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 Harmony?
Key cost-of-living indicators for Harmony, IN: median home value is $115,100 (53% below national), median rent is $850/month, and median household income is $53,650. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Harmony?
The poverty rate in Harmony, IN is 14.0%, 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 Harmony, IN?
Harmony's population is 5.6% White, 3.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.4% two or more races. 0.0% of residents are foreign-born.