Lebanon, IN
Population 17,575 · Indiana
About Lebanon, IN
Lebanon is a mid-sized city located in Indiana with a population of 17,575 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,773 per year, which is 15% below the national median of $75,149. The median age of 33.7 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 Lebanon features a median home value of $179,200, which is 27% below the national median of $244,900. This positions Lebanon in a moderately priced market relative to the rest of the country. Median monthly rent is $900, 23% below the national average of $1,163/month. Of the 7,517 total housing units, 69% are owner-occupied (5,022 units) and 31% are renter-occupied (2,271 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lebanon 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 8.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lebanon have an average one-way commute time of 21.4 minutes.
Education & Demographics
22.9% of Lebanon 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 5.5% White, 1.3% Hispanic or Latino, 0.8% Black or African American, and 1.3% Asian residents, with 3.3% of the population being foreign-born.
How Lebanon Ranks in Indiana
Cost of Living in Lebanon, IN
Compared to national averages, Lebanon has a median household income of $63,773 (15% below the national median of $75,149). Home values average $179,200, which is 27% below the national median. Monthly rent at $900 is 23% below the US average of $1,163. Within Indiana, Lebanon's income is 8% below the state average of $69,330, and home values are 10% above the state median of $163,409.
Why Live in Lebanon, IN?
Lebanon offers affordable housing with a median home value of $179,200, below the US average of $244,900, and rent that’s lower than the national average at $900/month, and a strong job market with an unemployment rate of just 2.9%. Additionally, the city features a low poverty rate of 8.2%, better than the national average, and short commute times averaging just 21.4 minutes.
Potential considerations include median household income ($63,773) that falls below the national average. However, Lebanon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lebanon has a population of 17,575 with a median age of 33.7 years. Compare Lebanon with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Lebanon
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Logansport | 17,766 | $46,363 | $84,600 | Compare |
| New Castle | 17,356 | $48,977 | $95,100 | Compare |
| Huntington | 17,026 | $51,220 | $104,300 | Compare |
| Vincennes | 16,676 | $50,238 | $98,700 | Compare |
| Warsaw | 16,592 | $57,170 | $175,300 | Compare |
| Jasper | 16,421 | $65,283 | $203,300 | Compare |
| Crawfordsville | 16,408 | $49,327 | $134,100 | Compare |
| Dyer | 16,400 | $101,183 | $288,700 | 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 Lebanon With Other Cities
Frequently Asked Questions about Lebanon
What is the population of Lebanon, IN?
The population of Lebanon, IN is 17,575 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Indiana.
What is the median household income in Lebanon?
The median household income in Lebanon, IN is $63,773 per year, which is 15% below the national median of $75,149.
What is the median home value in Lebanon?
The median home value in Lebanon, IN is $179,200, which is 27% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lebanon?
The median monthly rent in Lebanon, IN is $900, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Lebanon?
The unemployment rate in Lebanon, 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 Lebanon, IN a good place to live?
Lebanon offers a moderate cost of living, affordable housing, and a strong job market. With a population of 17,575 and a median age of 33.7, the city appeals to young professionals and families.
How educated is Lebanon, IN?
22.9% of residents in Lebanon 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 Lebanon?
Key cost-of-living indicators for Lebanon, IN: median home value is $179,200 (27% below national), median rent is $900/month, and median household income is $63,773. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lebanon?
The poverty rate in Lebanon, IN is 8.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lebanon, IN?
Lebanon's population is 5.5% White, 1.3% Hispanic or Latino, 0.8% Black or African American, 1.3% Asian, and 1.3% two or more races. 3.3% of residents are foreign-born.