Palestine, IN
Population 925 · Indiana
About Palestine, IN
Palestine is a small community in Indiana with a population of 925 residents. The median household income is $89,924 per year, which is above the national average. The median age in Palestine is 30.4 years.
Housing in Palestine has a median home value of $134,900 and median monthly rent of $1,086. Of the 337 total housing units, the majority are owner-occupied, with 245 owner-occupied and 55 renter-occupied units.
The unemployment rate in Palestine is 6.4% and the poverty rate is 4.4%. 2.9% of residents hold a bachelor's degree or higher. The average commute time is 25.1 minutes.
Cost of Living in Palestine, IN
Compared to national averages, Palestine has a median household income of $89,924 (20% above the national median of $75,149). Home values average $134,900, which is 45% below the national median. Monthly rent at $1,086 is 7% below the US average of $1,163. Within Indiana, Palestine's income is 30% above the state average of $69,330, and home values are 17% below the state median of $163,409.
Why Live in Palestine, IN?
Palestine offers a strong local economy with a median household income of $89,924, well above the national average, and affordable housing with a median home value of $134,900, below the US average of $244,900, and rent that’s lower than the national average at $1,086/month. Additionally, the city features a low poverty rate of 4.4%, better than the national average.
Palestine has a population of 925 with a median age of 30.4 years. Compare Palestine with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Palestine
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Colfax | 926 | $61,964 | $114,300 | Compare |
| Goodland | 923 | $56,438 | $92,200 | Compare |
| Memphis | 928 | $116,852 | $233,600 | Compare |
| Gilmer Park | 929 | $61,184 | $142,600 | Compare |
| Converse | 912 | $54,167 | $101,700 | Compare |
| Hamlet | 910 | $68,750 | $109,300 | Compare |
| Shipshewana | 902 | $57,679 | $255,000 | Compare |
| Montezuma | 900 | $43,750 | $65,300 | 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.
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Frequently Asked Questions about Palestine
What is the population of Palestine, IN?
The population of Palestine, IN is 925 according to the latest Census data.
What is the median household income in Palestine?
The median household income in Palestine, IN is $89,924 per year.
What is the median home value in Palestine?
The median home value in Palestine, IN is $134,900.
What is the average rent in Palestine?
The median monthly rent in Palestine, IN is $1,086.
What is the unemployment rate in Palestine?
The unemployment rate in Palestine, IN is 6.4%.