Osgood, IN
Population 1,583 · Indiana
About Osgood, IN
Osgood is a small town located in Indiana with a population of 1,583 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,799 per year, which is 32% below the national median of $75,149. The median age of 35.3 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 Osgood features a median home value of $116,200, which is 53% below the national median of $244,900. This makes Osgood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $826, 29% below the national average of $1,163/month. Of the 717 total housing units, 49% are owner-occupied (314 units) and 51% are renter-occupied (327 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Osgood 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 10.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Osgood have an average one-way commute time of 27.5 minutes.
Education & Demographics
11.8% of Osgood 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, 0.7% Hispanic or Latino, 2.0% Black or African American, and 2.6% Asian residents, with 3.5% of the population being foreign-born.
Cost of Living in Osgood, IN
Compared to national averages, Osgood has a median household income of $50,799 (32% below the national median of $75,149). Home values average $116,200, which is 53% below the national median. Monthly rent at $826 is 29% below the US average of $1,163. Within Indiana, Osgood's income is 27% below the state average of $69,330, and home values are 29% below the state median of $163,409.
Why Live in Osgood, IN?
Osgood offers affordable housing with a median home value of $116,200, below the US average of $244,900, and rent that’s lower than the national average at $826/month, and a low poverty rate of 10.7%, better than the national average.
Potential considerations include median household income ($50,799) that falls below the national average. However, Osgood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Osgood has a population of 1,583 with a median age of 35.3 years. Compare Osgood with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Osgood
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Remington | 1,581 | $67,870 | $138,700 | Compare |
| Jonesboro | 1,571 | $44,637 | $74,900 | Compare |
| Dale | 1,569 | $58,508 | $119,200 | Compare |
| Rossville | 1,601 | $68,657 | $177,200 | Compare |
| Greenville | 1,602 | $128,348 | $294,900 | Compare |
| Galena | 1,618 | $112,411 | $269,000 | Compare |
| Cambridge City | 1,623 | $46,500 | $97,400 | Compare |
| New Paris | 1,630 | $71,750 | $173,100 | 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 Osgood With Other Cities
Frequently Asked Questions about Osgood
What is the population of Osgood, IN?
The population of Osgood, IN is 1,583 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 Osgood?
The median household income in Osgood, IN is $50,799 per year, which is 32% below the national median of $75,149.
What is the median home value in Osgood?
The median home value in Osgood, IN is $116,200, which is 53% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Osgood?
The median monthly rent in Osgood, IN is $826, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Osgood?
The unemployment rate in Osgood, 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 Osgood, IN a good place to live?
Osgood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,583 and a median age of 35.3, the city appeals to a broad range of residents.
How educated is Osgood, IN?
11.8% of residents in Osgood 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 Osgood?
Key cost-of-living indicators for Osgood, IN: median home value is $116,200 (53% below national), median rent is $826/month, and median household income is $50,799. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Osgood?
The poverty rate in Osgood, IN is 10.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Osgood, IN?
Osgood's population is 0.0% White, 0.7% Hispanic or Latino, 2.0% Black or African American, 2.6% Asian, and 0.3% two or more races. 3.5% of residents are foreign-born.