Indian Village, IN
Population 113 · Indiana
About Indian Village, IN
Indian Village is a small community located in Indiana with a population of 113 residents according to the latest US Census Bureau American Community Survey data. The median household income is $77,778 per year, which is 3% above the national median of $75,149. The median age of 42.9 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 Indian Village features a median home value of $210,400, which is 14% below the national median of $244,900. This positions Indian Village 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 59 total housing units, 71% are owner-occupied (37 units) and 29% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Indian Village 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 9.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Indian Village have an average one-way commute time of 17.1 minutes, one of the shorter commutes in the region.
Education & Demographics
38.0% of Indian Village 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 0.0% White, 6.2% Hispanic or Latino, 0.0% Black or African American, and 22.1% Asian residents, with 15.9% of the population being foreign-born.
Cost of Living in Indian Village, IN
Compared to national averages, Indian Village has a median household income of $77,778 (3% above the national median of $75,149). Home values average $210,400, which is 14% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Indian Village's income is 12% above the state average of $69,330, and home values are 29% above the state median of $163,409.
Why Live in Indian Village, IN?
Indian Village offers a strong local economy with a median household income of $77,778, well above the national average, and affordable housing with a median home value of $210,400, 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 0.0%, and a well-educated community where 38.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.7%, better than the national average, and short commute times averaging just 17.1 minutes.
Indian Village has a population of 113 with a median age of 42.9 years. Compare Indian Village with other cities to see how it stacks up, or explore all cities in Indiana.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Indian Village
What is the population of Indian Village, IN?
The population of Indian Village, IN is 113 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 Indian Village?
The median household income in Indian Village, IN is $77,778 per year, which is 3% above the national median of $75,149.
What is the median home value in Indian Village?
The median home value in Indian Village, IN is $210,400, which is 14% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Indian Village?
The median monthly rent in Indian Village, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Indian Village?
The unemployment rate in Indian Village, 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 Indian Village, IN a good place to live?
Indian Village offers above-average incomes, affordable housing, and a strong job market. With a population of 113 and a median age of 42.9, the city appeals to a broad range of residents.
How educated is Indian Village, IN?
38.0% of residents in Indian Village 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 Indian Village?
Key cost-of-living indicators for Indian Village, IN: median home value is $210,400 (14% below national), median rent is $0/month, and median household income is $77,778. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Indian Village?
The poverty rate in Indian Village, IN is 9.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Indian Village, IN?
Indian Village's population is 0.0% White, 6.2% Hispanic or Latino, 0.0% Black or African American, 22.1% Asian, and 2.7% two or more races. 15.9% of residents are foreign-born.