Knox, IN
Population 3,843 · Indiana
About Knox, IN
Knox is a small town located in Indiana with a population of 3,843 residents according to the latest US Census Bureau American Community Survey data. The median household income is $45,647 per year, which is 39% below the national median of $75,149. The median age of 40.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Knox features a median home value of $125,300, which is 49% below the national median of $244,900. This makes Knox one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $613, 47% below the national average of $1,163/month. Of the 1,661 total housing units, 60% are owner-occupied (905 units) and 40% are renter-occupied (600 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Knox shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 33.5%, above the national average of 12.4%. Workers in Knox have an average one-way commute time of 30 minutes.
Education & Demographics
15.3% of Knox 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 5.3% White, 2.5% Hispanic or Latino, 0.1% Black or African American, and 0.2% Asian residents, with 2.3% of the population being foreign-born.
How Knox Ranks in Indiana
Cost of Living in Knox, IN
Compared to national averages, Knox has a median household income of $45,647 (39% below the national median of $75,149). Home values average $125,300, which is 49% below the national median. Monthly rent at $613 is 47% below the US average of $1,163. Within Indiana, Knox's income is 34% below the state average of $69,330, and home values are 23% below the state median of $163,409.
Why Live in Knox, IN?
Knox offers affordable housing with a median home value of $125,300, below the US average of $244,900, and rent that’s lower than the national average at $613/month, and a strong job market with an unemployment rate of just 2.9%.
Potential considerations include median household income ($45,647) that falls below the national average. However, Knox’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Knox has a population of 3,843 with a median age of 40.7 years. Compare Knox with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Knox
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Georgetown | 3,789 | $110,537 | $262,600 | Compare |
| Berne | 3,906 | $59,413 | $145,600 | Compare |
| Chandler | 3,935 | $63,681 | $128,200 | Compare |
| Upland | 3,935 | $74,663 | $170,800 | Compare |
| Mitchell | 3,941 | $45,580 | $101,900 | Compare |
| Hebron | 3,712 | $72,282 | $172,400 | Compare |
| Aurora | 3,704 | $46,733 | $123,600 | Compare |
| Pittsboro | 3,988 | $125,133 | $289,700 | 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.
Compare Knox With Other Cities
Frequently Asked Questions about Knox
What is the population of Knox, IN?
The population of Knox, IN is 3,843 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Knox?
The median household income in Knox, IN is $45,647 per year, which is 39% below the national median of $75,149.
What is the median home value in Knox?
The median home value in Knox, IN is $125,300, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Knox?
The median monthly rent in Knox, IN is $613, which is 47% below the national average of $1,163/month.
What is the unemployment rate in Knox?
The unemployment rate in Knox, IN is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Knox, IN a good place to live?
Knox offers a moderate cost of living, affordable housing, and a strong job market. With a population of 3,843 and a median age of 40.7, the city appeals to a broad range of residents.
How educated is Knox, IN?
15.3% of residents in Knox 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 Knox?
Key cost-of-living indicators for Knox, IN: median home value is $125,300 (49% below national), median rent is $613/month, and median household income is $45,647. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Knox?
The poverty rate in Knox, IN is 33.5%, 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 Knox, IN?
Knox's population is 5.3% White, 2.5% Hispanic or Latino, 0.1% Black or African American, 0.2% Asian, and 1.4% two or more races. 2.3% of residents are foreign-born.