Homecroft, IN
Population 801 · Indiana
About Homecroft, IN
Homecroft is a small community located in Indiana with a population of 801 residents according to the latest US Census Bureau American Community Survey data. The median household income is $83,333 per year, which is 11% above the national median of $75,149. The median age of 44.7 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 Homecroft features a median home value of $214,800, which is 12% below the national median of $244,900. This positions Homecroft in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 373 total housing units, 94% are owner-occupied (348 units) and 6% are renter-occupied (22 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Homecroft shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Homecroft have an average one-way commute time of 26.1 minutes.
Education & Demographics
46.1% of Homecroft residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 1.6% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Homecroft, IN
Compared to national averages, Homecroft has a median household income of $83,333 (11% above the national median of $75,149). Home values average $214,800, which is 12% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Homecroft's income is 20% above the state average of $69,330, and home values are 31% above the state median of $163,409.
Why Live in Homecroft, IN?
Homecroft offers a strong local economy with a median household income of $83,333, well above the national average, and affordable housing with a median home value of $214,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 1.6%, and a well-educated community where 46.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.1%, better than the national average.
Homecroft has a population of 801 with a median age of 44.7 years. Compare Homecroft with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Homecroft
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Leesburg | 801 | $103,958 | $168,900 | Compare |
| Pleasant Lake | 803 | $66,563 | $155,300 | Compare |
| Mentone | 793 | $63,636 | $104,300 | Compare |
| Milltown | 811 | $58,419 | $125,600 | Compare |
| Waynetown | 790 | $58,977 | $112,800 | Compare |
| Atlanta | 789 | $61,583 | $134,100 | Compare |
| Buffalo | 814 | $125,809 | $131,000 | Compare |
| Monroe City | 816 | $70,250 | $97,500 | 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 Homecroft With Other Cities
Frequently Asked Questions about Homecroft
What is the population of Homecroft, IN?
The population of Homecroft, IN is 801 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 Homecroft?
The median household income in Homecroft, IN is $83,333 per year, which is 11% above the national median of $75,149.
What is the median home value in Homecroft?
The median home value in Homecroft, IN is $214,800, which is 12% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Homecroft?
The median monthly rent in Homecroft, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Homecroft?
The unemployment rate in Homecroft, IN is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Homecroft, IN a good place to live?
Homecroft offers above-average incomes, affordable housing, and a strong job market. With a population of 801 and a median age of 44.7, the city appeals to a broad range of residents.
How educated is Homecroft, IN?
46.1% of residents in Homecroft aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Homecroft?
Key cost-of-living indicators for Homecroft, IN: median home value is $214,800 (12% below national), median rent is $0/month, and median household income is $83,333. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Homecroft?
The poverty rate in Homecroft, IN is 1.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Homecroft, IN?
Homecroft's population is 2.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 1.6% Asian, and 2.5% two or more races. 0.5% of residents are foreign-born.