Mexico, IN
Population 1,122 · Indiana
About Mexico, IN
Mexico is a small town located in Indiana with a population of 1,122 residents according to the latest US Census Bureau American Community Survey data. The median household income is $82,695 per year, which is 10% above the national median of $75,149. The median age of 45.2 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 Mexico features a median home value of $106,800, which is 56% below the national median of $244,900. This makes Mexico one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $600, 48% below the national average of $1,163/month. Of the 497 total housing units, 84% are owner-occupied (407 units) and 16% are renter-occupied (80 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mexico shows an unemployment rate of 1.7%, 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 Mexico have an average one-way commute time of 23.5 minutes.
Education & Demographics
17.6% of Mexico 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 0.5% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.1% of the population being foreign-born.
How Mexico Ranks in Indiana
Cost of Living in Mexico, IN
Compared to national averages, Mexico has a median household income of $82,695 (10% above the national median of $75,149). Home values average $106,800, which is 56% below the national median. Monthly rent at $600 is 48% below the US average of $1,163. Within Indiana, Mexico's income is 19% above the state average of $69,330, and home values are 35% below the state median of $163,409.
Why Live in Mexico, IN?
Mexico offers a strong local economy with a median household income of $82,695, well above the national average, and affordable housing with a median home value of $106,800, below the US average of $244,900, and rent that’s lower than the national average at $600/month. Additionally, the city features a strong job market with an unemployment rate of just 1.7%, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 23.5 minutes.
Mexico has a population of 1,122 with a median age of 45.2 years. Compare Mexico with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Mexico
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| St. Wendel | 1,120 | $83,182 | $267,900 | Compare |
| Wolcottville | 1,126 | $54,583 | $98,300 | Compare |
| Sweetser | 1,115 | $77,578 | $136,300 | Compare |
| Gosport | 1,113 | $51,250 | $104,800 | Compare |
| Poseyville | 1,131 | $70,455 | $131,500 | Compare |
| Cayuga | 1,135 | $52,393 | $81,000 | Compare |
| Underwood | 1,140 | $61,818 | $181,300 | Compare |
| Monroeville | 1,145 | $54,222 | $109,600 | 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 Mexico With Other Cities
Frequently Asked Questions about Mexico
What is the population of Mexico, IN?
The population of Mexico, IN is 1,122 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Mexico?
The median household income in Mexico, IN is $82,695 per year, which is 10% above the national median of $75,149.
What is the median home value in Mexico?
The median home value in Mexico, IN is $106,800, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mexico?
The median monthly rent in Mexico, IN is $600, which is 48% below the national average of $1,163/month.
What is the unemployment rate in Mexico?
The unemployment rate in Mexico, IN is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Mexico, IN a good place to live?
Mexico offers above-average incomes, affordable housing, and a strong job market. With a population of 1,122 and a median age of 45.2, the city appeals to established professionals and retirees.
How educated is Mexico, IN?
17.6% of residents in Mexico 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 Mexico?
Key cost-of-living indicators for Mexico, IN: median home value is $106,800 (56% below national), median rent is $600/month, and median household income is $82,695. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mexico?
The poverty rate in Mexico, 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 Mexico, IN?
Mexico's population is 0.5% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.2% two or more races. 1.1% of residents are foreign-born.