Mace, IN
Population 127 · Indiana
About Mace, IN
Mace is a small community located in Indiana with a population of 127 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,250 per year, which is 15% above the national median of $75,149. The median age of 60.5 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 Mace features a median home value of $156,500, which is 36% below the national median of $244,900. This positions Mace 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 69 total housing units, 84% are owner-occupied (58 units) and 16% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mace 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 Mace have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
18.9% of Mace 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 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 Mace, IN
Compared to national averages, Mace has a median household income of $86,250 (15% above the national median of $75,149). Home values average $156,500, which is 36% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Mace's income is 24% above the state average of $69,330, and home values are 4% below the state median of $163,409.
Why Live in Mace, IN?
Mace offers a strong local economy with a median household income of $86,250, well above the national average, and affordable housing with a median home value of $156,500, 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 low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Mace has a population of 127 with a median age of 60.5 years. Compare Mace 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 Mace
What is the population of Mace, IN?
The population of Mace, IN is 127 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 Mace?
The median household income in Mace, IN is $86,250 per year, which is 15% above the national median of $75,149.
What is the median home value in Mace?
The median home value in Mace, IN is $156,500, which is 36% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mace?
The median monthly rent in Mace, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Mace?
The unemployment rate in Mace, 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 Mace, IN a good place to live?
Mace offers above-average incomes, affordable housing, and a strong job market. With a population of 127 and a median age of 60.5, the city appeals to established professionals and retirees.
How educated is Mace, IN?
18.9% of residents in Mace 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 Mace?
Key cost-of-living indicators for Mace, IN: median home value is $156,500 (36% below national), median rent is $0/month, and median household income is $86,250. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mace?
The poverty rate in Mace, 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 Mace, IN?
Mace'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.