Patricksburg, IN
Population 290 · Indiana
About Patricksburg, IN
Patricksburg is a small community located in Indiana with a population of 290 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,931 per year, which is 6% below the national median of $75,149. The median age of 57.2 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 Patricksburg features a median home value of $0, which is 100% below the national median of $244,900. This makes Patricksburg 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 146 total housing units, 100% are owner-occupied (123 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Patricksburg shows an unemployment rate of 15.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Patricksburg have an average one-way commute time of 32.2 minutes.
Education & Demographics
13.6% of Patricksburg 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 Patricksburg, IN
Compared to national averages, Patricksburg has a median household income of $70,931 (6% 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, Patricksburg's income is 2% above the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Patricksburg, IN?
Patricksburg 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 low poverty rate of 0.0%, better than the national average.
Potential considerations include median household income ($70,931) that falls below the national average. However, Patricksburg’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Patricksburg has a population of 290 with a median age of 57.2 years. Compare Patricksburg with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Patricksburg
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.
Compare Patricksburg With Other Cities
Frequently Asked Questions about Patricksburg
What is the population of Patricksburg, IN?
The population of Patricksburg, IN is 290 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 Patricksburg?
The median household income in Patricksburg, IN is $70,931 per year, which is 6% below the national median of $75,149.
What is the median home value in Patricksburg?
The median home value in Patricksburg, IN is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Patricksburg?
The median monthly rent in Patricksburg, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Patricksburg?
The unemployment rate in Patricksburg, IN is 15.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Patricksburg, IN a good place to live?
Patricksburg offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 290 and a median age of 57.2, the city appeals to established professionals and retirees.
How educated is Patricksburg, IN?
13.6% of residents in Patricksburg 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 Patricksburg?
Key cost-of-living indicators for Patricksburg, IN: median home value is $0 (100% below national), median rent is $0/month, and median household income is $70,931. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Patricksburg?
The poverty rate in Patricksburg, 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 Patricksburg, IN?
Patricksburg'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.