Marion, IN
Population 361 · Indiana
About Marion, IN
Marion is a small community located in Indiana with a population of 361 residents according to the latest US Census Bureau American Community Survey data. The median household income is $98,144 per year, which is 31% above the national median of $75,149. The median age of 45.8 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 Marion features a median home value of $320,800, which is 31% above the national median of $244,900. This positions Marion 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 171 total housing units, 67% are owner-occupied (115 units) and 33% are renter-occupied (56 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Marion 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 Marion have an average one-way commute time of 32.3 minutes.
Education & Demographics
16.8% of Marion 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 Marion, IN
Compared to national averages, Marion has a median household income of $98,144 (31% above the national median of $75,149). Home values average $320,800, which is 31% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Marion's income is 42% above the state average of $69,330, and home values are 96% above the state median of $163,409.
Why Live in Marion, IN?
Marion offers a strong local economy with a median household income of $98,144, well above the national average, 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.
Marion has a population of 361 with a median age of 45.8 years. Compare Marion with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Marion
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stockwell | 364 | $62,455 | $106,300 | Compare |
| Edwardsport | 357 | $51,250 | $53,900 | Compare |
| Roann | 365 | $47,614 | $95,200 | Compare |
| Twelve Mile | 355 | $51,536 | $0 | Compare |
| Burnettsville | 352 | $68,500 | $103,500 | Compare |
| Wheatland | 352 | $47,500 | $58,600 | Compare |
| Leavenworth | 349 | $62,500 | $121,900 | Compare |
| Milton | 345 | $45,375 | $81,700 | 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 Marion With Other Cities
Frequently Asked Questions about Marion
What is the population of Marion, IN?
The population of Marion, IN is 361 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 Marion?
The median household income in Marion, IN is $98,144 per year, which is 31% above the national median of $75,149.
What is the median home value in Marion?
The median home value in Marion, IN is $320,800, which is 31% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Marion?
The median monthly rent in Marion, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Marion?
The unemployment rate in Marion, 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 Marion, IN a good place to live?
Marion offers above-average incomes, a competitive housing market, and a strong job market. With a population of 361 and a median age of 45.8, the city appeals to established professionals and retirees.
How educated is Marion, IN?
16.8% of residents in Marion 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 Marion?
Key cost-of-living indicators for Marion, IN: median home value is $320,800 (31% above national), median rent is $0/month, and median household income is $98,144. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Marion?
The poverty rate in Marion, 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 Marion, IN?
Marion'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.