Letts, IN
Population 53 · Indiana
About Letts, IN
Letts is a small community located in Indiana with a population of 53 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,071 per year, which is 19% below the national median of $75,149. The median age of 31.8 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 Letts features a median home value of $0, which is 100% below the national median of $244,900. This makes Letts 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 38 total housing units, 71% are owner-occupied (27 units) and 29% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Letts 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 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Letts have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
26.4% of Letts 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Letts, IN
Compared to national averages, Letts has a median household income of $61,071 (19% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Letts's income is 12% below the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Letts, IN?
Letts offers affordable housing with a median home value of $0, 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 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($61,071) that falls below the national average. However, Letts’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Letts has a population of 53 with a median age of 31.8 years. Compare Letts with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Letts
Cities in Indiana with a similar population size.
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 Letts With Other Cities
Frequently Asked Questions about Letts
What is the population of Letts, IN?
The population of Letts, IN is 53 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 Letts?
The median household income in Letts, IN is $61,071 per year, which is 19% below the national median of $75,149.
What is the median home value in Letts?
The median home value in Letts, IN is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Letts?
The median monthly rent in Letts, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Letts?
The unemployment rate in Letts, 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 Letts, IN a good place to live?
Letts offers a moderate cost of living, affordable housing, and a strong job market. With a population of 53 and a median age of 31.8, the city appeals to young professionals and families.
How educated is Letts, IN?
26.4% of residents in Letts 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 Letts?
Key cost-of-living indicators for Letts, IN: median home value is $0 (100% below national), median rent is $0/month, and median household income is $61,071. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Letts?
The poverty rate in Letts, IN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Letts, IN?
Letts's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.