Painted Hills, IN
Population 983 · Indiana
About Painted Hills, IN
Painted Hills is a small community located in Indiana with a population of 983 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,662 per year, which is 21% above the national median of $75,149. The median age of 52.9 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 Painted Hills features a median home value of $241,600, which is 1% below the national median of $244,900. This positions Painted Hills 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 457 total housing units, 96% are owner-occupied (419 units) and 4% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Painted Hills shows an unemployment rate of 24.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Painted Hills have an average one-way commute time of 35.8 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
45.8% of Painted Hills 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 3.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Painted Hills, IN
Compared to national averages, Painted Hills has a median household income of $90,662 (21% above the national median of $75,149). Home values average $241,600, which is 1% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Painted Hills's income is 31% above the state average of $69,330, and home values are 48% above the state median of $163,409.
Why Live in Painted Hills, IN?
Painted Hills offers a strong local economy with a median household income of $90,662, well above the national average, and affordable housing with a median home value of $241,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a well-educated community where 45.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.6%, better than the national average.
Painted Hills has a population of 983 with a median age of 52.9 years. Compare Painted Hills with other cities to see how it stacks up, or explore all cities in Indiana.
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Demographics
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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 Painted Hills
What is the population of Painted Hills, IN?
The population of Painted Hills, IN is 983 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 Painted Hills?
The median household income in Painted Hills, IN is $90,662 per year, which is 21% above the national median of $75,149.
What is the median home value in Painted Hills?
The median home value in Painted Hills, IN is $241,600, which is 1% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Painted Hills?
The median monthly rent in Painted Hills, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Painted Hills?
The unemployment rate in Painted Hills, IN is 24.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Painted Hills, IN a good place to live?
Painted Hills offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 983 and a median age of 52.9, the city appeals to established professionals and retirees.
How educated is Painted Hills, IN?
45.8% of residents in Painted Hills 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 Painted Hills?
Key cost-of-living indicators for Painted Hills, IN: median home value is $241,600 (1% below national), median rent is $0/month, and median household income is $90,662. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Painted Hills?
The poverty rate in Painted Hills, IN is 2.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Painted Hills, IN?
Painted Hills's population is 3.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 0.0% two or more races. 0.2% of residents are foreign-born.