Pendleton, IN
Population 5,115 · Indiana
About Pendleton, IN
Pendleton is a small town located in Indiana with a population of 5,115 residents according to the latest US Census Bureau American Community Survey data. The median household income is $87,971 per year, which is 17% above the national median of $75,149. The median age of 39 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Pendleton features a median home value of $236,200, which is 4% below the national median of $244,900. This positions Pendleton in a moderately priced market relative to the rest of the country. Median monthly rent is $1,154, 1% below the national average of $1,163/month. Of the 2,212 total housing units, 70% are owner-occupied (1,419 units) and 30% are renter-occupied (620 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pendleton shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pendleton have an average one-way commute time of 22 minutes.
Education & Demographics
37.5% of Pendleton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.4% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 1.7% Asian residents, with 2.0% of the population being foreign-born.
Cost of Living in Pendleton, IN
Compared to national averages, Pendleton has a median household income of $87,971 (17% above the national median of $75,149). Home values average $236,200, which is 4% below the national median. Monthly rent at $1,154 is 1% below the US average of $1,163. Within Indiana, Pendleton's income is 27% above the state average of $69,330, and home values are 45% above the state median of $163,409.
Why Live in Pendleton, IN?
Pendleton offers a strong local economy with a median household income of $87,971, well above the national average, and affordable housing with a median home value of $236,200, below the US average of $244,900, and rent that’s lower than the national average at $1,154/month. Additionally, the city features a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 37.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.5%, better than the national average, and short commute times averaging just 22 minutes.
Pendleton has a population of 5,115 with a median age of 39 years. Compare Pendleton with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Pendleton
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fortville | 5,092 | $82,763 | $240,300 | Compare |
| Alexandria | 5,145 | $60,616 | $92,700 | Compare |
| Linton | 5,153 | $41,968 | $86,800 | Compare |
| Lawrenceburg | 5,155 | $52,778 | $191,400 | Compare |
| Winona Lake | 5,073 | $97,813 | $242,400 | Compare |
| Highland | 5,188 | $95,696 | $216,800 | Compare |
| Porter | 5,208 | $74,155 | $259,700 | Compare |
| Tipton | 5,255 | $64,709 | $148,800 | 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.
Compare Pendleton With Other Cities
Frequently Asked Questions about Pendleton
What is the population of Pendleton, IN?
The population of Pendleton, IN is 5,115 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Pendleton?
The median household income in Pendleton, IN is $87,971 per year, which is 17% above the national median of $75,149.
What is the median home value in Pendleton?
The median home value in Pendleton, IN is $236,200, which is 4% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pendleton?
The median monthly rent in Pendleton, IN is $1,154, which is 1% below the national average of $1,163/month.
What is the unemployment rate in Pendleton?
The unemployment rate in Pendleton, IN is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Pendleton, IN a good place to live?
Pendleton offers above-average incomes, affordable housing, and a strong job market. With a population of 5,115 and a median age of 39, the city appeals to a broad range of residents.
How educated is Pendleton, IN?
37.5% of residents in Pendleton 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 Pendleton?
Key cost-of-living indicators for Pendleton, IN: median home value is $236,200 (4% below national), median rent is $1,154/month, and median household income is $87,971. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pendleton?
The poverty rate in Pendleton, IN is 5.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pendleton, IN?
Pendleton's population is 0.4% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 1.7% Asian, and 0.8% two or more races. 2.0% of residents are foreign-born.