Oswego, IN
Population 284 · Indiana
About Oswego, IN
Oswego is a small community located in Indiana with a population of 284 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 31.7 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 Oswego features a median home value of $244,000, which is 0% below the national median of $244,900. This positions Oswego 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 157 total housing units, 92% are owner-occupied (119 units) and 8% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oswego 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 Oswego have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
45.0% of Oswego residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 3.2% 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 Oswego, IN
Compared to national averages, Oswego has a median household income of $0 (100% below the national median of $75,149). Home values average $244,000, which is 0% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Oswego's income is 100% below the state average of $69,330, and home values are 49% above the state median of $163,409.
Why Live in Oswego, IN?
Oswego offers affordable housing with a median home value of $244,000, below the US average of $244,900, 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 well-educated community where 45.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Oswego’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oswego has a population of 284 with a median age of 31.7 years. Compare Oswego with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Oswego
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Adams Lake | 284 | $91,591 | $0 | Compare |
| Stroh | 284 | $73,788 | $0 | Compare |
| Elizabethtown | 283 | $65,625 | $117,500 | Compare |
| Newport | 283 | $46,667 | $58,800 | Compare |
| Forest | 281 | $0 | $68,300 | Compare |
| Hartsville | 281 | $66,875 | $131,300 | Compare |
| Switz City | 281 | $44,375 | $81,700 | Compare |
| Bowling Green | 289 | $0 | $95,000 | 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 Oswego With Other Cities
Frequently Asked Questions about Oswego
What is the population of Oswego, IN?
The population of Oswego, IN is 284 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 Oswego?
The median household income in Oswego, IN is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Oswego?
The median home value in Oswego, IN is $244,000, which is 0% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oswego?
The median monthly rent in Oswego, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Oswego?
The unemployment rate in Oswego, 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 Oswego, IN a good place to live?
Oswego offers a moderate cost of living, affordable housing, and a strong job market. With a population of 284 and a median age of 31.7, the city appeals to young professionals and families.
How educated is Oswego, IN?
45.0% of residents in Oswego 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 Oswego?
Key cost-of-living indicators for Oswego, IN: median home value is $244,000 (0% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Oswego?
The poverty rate in Oswego, 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 Oswego, IN?
Oswego's population is 3.2% 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.