Howe, IN
Population 887 · Indiana
About Howe, IN
Howe is a small community located in Indiana with a population of 887 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,603 per year, which is 31% below the national median of $75,149. The median age of 33.8 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 Howe features a median home value of $140,900, which is 42% below the national median of $244,900. This makes Howe one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 378 total housing units, 80% are owner-occupied (267 units) and 20% are renter-occupied (65 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Howe 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 2.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Howe have an average one-way commute time of 23 minutes.
Education & Demographics
31.8% of Howe residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Howe, IN
Compared to national averages, Howe has a median household income of $51,603 (31% below the national median of $75,149). Home values average $140,900, which is 42% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Howe's income is 26% below the state average of $69,330, and home values are 14% below the state median of $163,409.
Why Live in Howe, IN?
Howe offers affordable housing with a median home value of $140,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 2.9%, better than the national average, and short commute times averaging just 23 minutes.
Potential considerations include median household income ($51,603) that falls below the national average. However, Howe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Howe has a population of 887 with a median age of 33.8 years. Compare Howe with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Howe
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Patoka | 887 | $61,136 | $92,300 | Compare |
| Hoagland | 886 | $60,417 | $170,900 | Compare |
| North Webster | 886 | $59,167 | $192,900 | Compare |
| Millersburg | 892 | $78,750 | $169,300 | Compare |
| Borden | 880 | $70,750 | $167,100 | Compare |
| Spiceland | 896 | $63,676 | $107,700 | Compare |
| Clayton | 874 | $83,500 | $214,900 | Compare |
| Montezuma | 900 | $43,750 | $65,300 | 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 Howe With Other Cities
Frequently Asked Questions about Howe
What is the population of Howe, IN?
The population of Howe, IN is 887 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 Howe?
The median household income in Howe, IN is $51,603 per year, which is 31% below the national median of $75,149.
What is the median home value in Howe?
The median home value in Howe, IN is $140,900, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Howe?
The median monthly rent in Howe, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Howe?
The unemployment rate in Howe, 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 Howe, IN a good place to live?
Howe offers a moderate cost of living, affordable housing, and a strong job market. With a population of 887 and a median age of 33.8, the city appeals to young professionals and families.
How educated is Howe, IN?
31.8% of residents in Howe 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 Howe?
Key cost-of-living indicators for Howe, IN: median home value is $140,900 (42% below national), median rent is $0/month, and median household income is $51,603. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Howe?
The poverty rate in Howe, IN is 2.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Howe, IN?
Howe's population is 3.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.7% two or more races. 0.2% of residents are foreign-born.