Owensburg, IN
Population 231 · Indiana
About Owensburg, IN
Owensburg is a small community located in Indiana with a population of 231 residents according to the latest US Census Bureau American Community Survey data. The median household income is $39,940 per year, which is 47% below the national median of $75,149. The median age of 46.1 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 Owensburg features a median home value of $0, which is 100% below the national median of $244,900. This makes Owensburg one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 141 total housing units, 36% are owner-occupied (51 units) and 64% are renter-occupied (90 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 Owensburg 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 19.0%, above the national average of 12.4%. Workers in Owensburg have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
12.1% of Owensburg 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 Owensburg, IN
Compared to national averages, Owensburg has a median household income of $39,940 (47% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Owensburg's income is 42% below the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Owensburg, IN?
Owensburg offers affordable housing with a median home value of $0, 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 short commute times averaging just 0 minutes.
Potential considerations include median household income ($39,940) that falls below the national average. However, Owensburg’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Owensburg has a population of 231 with a median age of 46.1 years. Compare Owensburg with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Owensburg
Cities in Indiana with a similar population size.
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.
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Frequently Asked Questions about Owensburg
What is the population of Owensburg, IN?
The population of Owensburg, IN is 231 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 Owensburg?
The median household income in Owensburg, IN is $39,940 per year, which is 47% below the national median of $75,149.
What is the median home value in Owensburg?
The median home value in Owensburg, IN is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Owensburg?
The median monthly rent in Owensburg, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Owensburg?
The unemployment rate in Owensburg, 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 Owensburg, IN a good place to live?
Owensburg offers a moderate cost of living, affordable housing, and a strong job market. With a population of 231 and a median age of 46.1, the city appeals to established professionals and retirees.
How educated is Owensburg, IN?
12.1% of residents in Owensburg 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 Owensburg?
Key cost-of-living indicators for Owensburg, IN: median home value is $0 (100% below national), median rent is $0/month, and median household income is $39,940. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Owensburg?
The poverty rate in Owensburg, IN is 19.0%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Owensburg, IN?
Owensburg'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.