Patoka, IN
Population 887 · Indiana
About Patoka, IN
Patoka is a small community in Indiana with a population of 887 residents. The median household income is $61,136 per year, which is near the national average. The median age in Patoka is 33.4 years.
Housing in Patoka has a median home value of $92,300 and median monthly rent of $886. Of the 403 total housing units, the majority are owner-occupied, with 267 owner-occupied and 81 renter-occupied units.
The unemployment rate in Patoka is 1.6% and the poverty rate is 19.7%. 9.7% of residents hold a bachelor's degree or higher. The average commute time is 26.6 minutes.
Cost of Living in Patoka, IN
Compared to national averages, Patoka has a median household income of $61,136 (19% below the national median of $75,149). Home values average $92,300, which is 62% below the national median. Monthly rent at $886 is 24% below the US average of $1,163. Within Indiana, Patoka's income is 12% below the state average of $69,330, and home values are 44% below the state median of $163,409.
Why Live in Patoka, IN?
Patoka offers affordable housing with a median home value of $92,300, below the US average of $244,900, and rent that’s lower than the national average at $886/month, and a strong job market with an unemployment rate of just 1.6%.
Potential considerations include median household income ($61,136) that falls below the national average. However, Patoka’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Patoka has a population of 887 with a median age of 33.4 years. Compare Patoka with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Patoka
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Howe | 887 | $51,603 | $140,900 | Compare |
| Hoagland | 886 | $60,417 | $170,900 | Compare |
| North Webster | 886 | $59,167 | $192,900 | Compare |
| Millersburg | 892 | $78,750 | $169,300 | Compare |
| Borden | 880 | $70,750 | $167,100 | Compare |
| Spiceland | 896 | $63,676 | $107,700 | Compare |
| Clayton | 874 | $83,500 | $214,900 | 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 Patoka
What is the population of Patoka, IN?
The population of Patoka, IN is 887 according to the latest Census data.
What is the median household income in Patoka?
The median household income in Patoka, IN is $61,136 per year.
What is the median home value in Patoka?
The median home value in Patoka, IN is $92,300.
What is the average rent in Patoka?
The median monthly rent in Patoka, IN is $886.
What is the unemployment rate in Patoka?
The unemployment rate in Patoka, IN is 1.6%.