Nashville, IN
Population 1,420 · Indiana
About Nashville, IN
Nashville is a small town located in Indiana with a population of 1,420 residents according to the latest US Census Bureau American Community Survey data. The median household income is $48,750 per year, which is 35% below the national median of $75,149. The median age of 62.7 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 Nashville features a median home value of $246,700, which is 1% above the national median of $244,900. This positions Nashville in a moderately priced market relative to the rest of the country. Median monthly rent is $912, 22% below the national average of $1,163/month. Of the 741 total housing units, 62% are owner-occupied (416 units) and 38% are renter-occupied (253 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Nashville shows an unemployment rate of 5.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Nashville have an average one-way commute time of 23.9 minutes.
Education & Demographics
35.4% of Nashville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 3.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.0% of the population being foreign-born.
Cost of Living in Nashville, IN
Compared to national averages, Nashville has a median household income of $48,750 (35% below the national median of $75,149). Home values average $246,700, which is 1% above the national median. Monthly rent at $912 is 22% below the US average of $1,163. Within Indiana, Nashville's income is 30% below the state average of $69,330, and home values are 51% above the state median of $163,409.
Why Live in Nashville, IN?
Nashville offers rent that’s lower than the national average at $912/month, and a well-educated community where 35.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.4%, better than the national average. Additionally, the city features short commute times averaging just 23.9 minutes.
Potential considerations include median household income ($48,750) that falls below the national average. However, Nashville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nashville has a population of 1,420 with a median age of 62.7 years. Compare Nashville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Nashville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Dalecarlia | 1,421 | $115,588 | $313,200 | Compare |
| Fairview Park | 1,426 | $58,929 | $109,300 | Compare |
| Otterbein | 1,414 | $63,676 | $137,400 | Compare |
| Darmstadt | 1,428 | $96,458 | $293,200 | Compare |
| South Whitley | 1,412 | $59,191 | $130,300 | Compare |
| Warren Park | 1,411 | $39,865 | $194,400 | Compare |
| Trafalgar | 1,433 | $83,214 | $216,400 | Compare |
| Montpelier | 1,444 | $42,833 | $77,100 | 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 Nashville With Other Cities
Frequently Asked Questions about Nashville
What is the population of Nashville, IN?
The population of Nashville, IN is 1,420 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 Nashville?
The median household income in Nashville, IN is $48,750 per year, which is 35% below the national median of $75,149.
What is the median home value in Nashville?
The median home value in Nashville, IN is $246,700, which is 1% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Nashville?
The median monthly rent in Nashville, IN is $912, which is 22% below the national average of $1,163/month.
What is the unemployment rate in Nashville?
The unemployment rate in Nashville, IN is 5.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Nashville, IN a good place to live?
Nashville offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 1,420 and a median age of 62.7, the city appeals to established professionals and retirees.
How educated is Nashville, IN?
35.4% of residents in Nashville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Nashville?
Key cost-of-living indicators for Nashville, IN: median home value is $246,700 (1% above national), median rent is $912/month, and median household income is $48,750. The home-value-to-income ratio is 5.1x, a moderate figure by national standards.
What is the poverty rate in Nashville?
The poverty rate in Nashville, IN is 10.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Nashville, IN?
Nashville's population is 0.0% White, 3.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.6% two or more races. 2.0% of residents are foreign-born.