Marengo, IN
Population 823 · Indiana
About Marengo, IN
Marengo is a small community located in Indiana with a population of 823 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,458 per year, which is 42% below the national median of $75,149. The median age of 32.7 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 Marengo features a median home value of $87,500, which is 64% below the national median of $244,900. This makes Marengo one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $637, 45% below the national average of $1,163/month. Of the 478 total housing units, 51% are owner-occupied (186 units) and 49% are renter-occupied (177 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Marengo shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 22.1%, above the national average of 12.4%. Workers in Marengo have an average one-way commute time of 33.6 minutes.
Education & Demographics
4.6% of Marengo 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, 2.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.9% of the population being foreign-born.
How Marengo Ranks in Indiana
Cost of Living in Marengo, IN
Compared to national averages, Marengo has a median household income of $43,458 (42% below the national median of $75,149). Home values average $87,500, which is 64% below the national median. Monthly rent at $637 is 45% below the US average of $1,163. Within Indiana, Marengo's income is 37% below the state average of $69,330, and home values are 46% below the state median of $163,409.
Why Live in Marengo, IN?
Marengo offers affordable housing with a median home value of $87,500, below the US average of $244,900, and rent that’s lower than the national average at $637/month, and a strong job market with an unemployment rate of just 2.8%.
Potential considerations include median household income ($43,458) that falls below the national average. However, Marengo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Marengo has a population of 823 with a median age of 32.7 years. Compare Marengo with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Marengo
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Darlington | 829 | $53,417 | $119,700 | Compare |
| Monroe City | 816 | $70,250 | $97,500 | Compare |
| Buffalo | 814 | $125,809 | $131,000 | Compare |
| Selma | 833 | $62,500 | $99,800 | Compare |
| Hymera | 835 | $46,122 | $79,300 | Compare |
| Milltown | 811 | $58,419 | $125,600 | Compare |
| Wheatfield | 841 | $80,625 | $191,900 | Compare |
| Pleasant Lake | 803 | $66,563 | $155,300 | 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 Marengo With Other Cities
Frequently Asked Questions about Marengo
What is the population of Marengo, IN?
The population of Marengo, IN is 823 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 Marengo?
The median household income in Marengo, IN is $43,458 per year, which is 42% below the national median of $75,149.
What is the median home value in Marengo?
The median home value in Marengo, IN is $87,500, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Marengo?
The median monthly rent in Marengo, IN is $637, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Marengo?
The unemployment rate in Marengo, IN is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Marengo, IN a good place to live?
Marengo offers a moderate cost of living, affordable housing, and a strong job market. With a population of 823 and a median age of 32.7, the city appeals to young professionals and families.
How educated is Marengo, IN?
4.6% of residents in Marengo 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 Marengo?
Key cost-of-living indicators for Marengo, IN: median home value is $87,500 (64% below national), median rent is $637/month, and median household income is $43,458. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Marengo?
The poverty rate in Marengo, IN is 22.1%, 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 Marengo, IN?
Marengo's population is 0.0% White, 2.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.9% of residents are foreign-born.