Lynn, IN
Population 994 · Indiana
About Lynn, IN
Lynn is a small community located in Indiana with a population of 994 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,450 per year, which is 41% below the national median of $75,149. The median age of 47.2 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 Lynn features a median home value of $79,000, which is 68% below the national median of $244,900. This makes Lynn one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $659, 43% below the national average of $1,163/month. Of the 527 total housing units, 71% are owner-occupied (346 units) and 29% are renter-occupied (141 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lynn shows an unemployment rate of 10.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.6%, above the national average of 12.4%. Workers in Lynn have an average one-way commute time of 30.7 minutes.
Education & Demographics
6.2% of Lynn 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 3.1% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.7% of the population being foreign-born.
Cost of Living in Lynn, IN
Compared to national averages, Lynn has a median household income of $44,450 (41% below the national median of $75,149). Home values average $79,000, which is 68% below the national median. Monthly rent at $659 is 43% below the US average of $1,163. Within Indiana, Lynn's income is 36% below the state average of $69,330, and home values are 52% below the state median of $163,409.
Why Live in Lynn, IN?
Lynn offers affordable housing with a median home value of $79,000, below the US average of $244,900, and rent that’s lower than the national average at $659/month.
Potential considerations include median household income ($44,450) that falls below the national average. However, Lynn’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lynn has a population of 994 with a median age of 47.2 years. Compare Lynn with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Lynn
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Kirklin | 994 | $57,250 | $92,900 | Compare |
| Medora | 993 | $60,625 | $76,400 | Compare |
| Morristown | 996 | $47,850 | $137,500 | Compare |
| Painted Hills | 983 | $90,662 | $241,600 | Compare |
| Roseland | 982 | $48,125 | $117,900 | Compare |
| Waverly | 1,006 | $72,426 | $254,100 | Compare |
| Brook | 979 | $57,422 | $101,200 | Compare |
| Taylorsville | 978 | $48,640 | $179,400 | 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 Lynn With Other Cities
Frequently Asked Questions about Lynn
What is the population of Lynn, IN?
The population of Lynn, IN is 994 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 Lynn?
The median household income in Lynn, IN is $44,450 per year, which is 41% below the national median of $75,149.
What is the median home value in Lynn?
The median home value in Lynn, IN is $79,000, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lynn?
The median monthly rent in Lynn, IN is $659, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Lynn?
The unemployment rate in Lynn, IN is 10.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lynn, IN a good place to live?
Lynn offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 994 and a median age of 47.2, the city appeals to established professionals and retirees.
How educated is Lynn, IN?
6.2% of residents in Lynn 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 Lynn?
Key cost-of-living indicators for Lynn, IN: median home value is $79,000 (68% below national), median rent is $659/month, and median household income is $44,450. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lynn?
The poverty rate in Lynn, IN is 13.6%, 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 Lynn, IN?
Lynn's population is 3.1% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.7% of residents are foreign-born.