Pierceton, IN
Population 1,349 · Indiana
About Pierceton, IN
Pierceton is a small town located in Indiana with a population of 1,349 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,597 per year, which is 11% below the national median of $75,149. The median age of 34.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Pierceton features a median home value of $110,700, which is 55% below the national median of $244,900. This makes Pierceton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $786, 32% below the national average of $1,163/month. Of the 653 total housing units, 71% are owner-occupied (424 units) and 29% are renter-occupied (177 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pierceton shows an unemployment rate of 2.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 14.2%, above the national average of 12.4%. Workers in Pierceton have an average one-way commute time of 23.7 minutes.
Education & Demographics
15.9% of Pierceton 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 2.4% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 8.5% Asian residents, with 4.1% of the population being foreign-born.
Cost of Living in Pierceton, IN
Compared to national averages, Pierceton has a median household income of $66,597 (11% below the national median of $75,149). Home values average $110,700, which is 55% below the national median. Monthly rent at $786 is 32% below the US average of $1,163. Within Indiana, Pierceton's income is 4% below the state average of $69,330, and home values are 32% below the state median of $163,409.
Why Live in Pierceton, IN?
Pierceton offers affordable housing with a median home value of $110,700, below the US average of $244,900, and rent that’s lower than the national average at $786/month, and a strong job market with an unemployment rate of just 2.3%. Additionally, the city features short commute times averaging just 23.7 minutes.
Potential considerations include median household income ($66,597) that falls below the national average. However, Pierceton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pierceton has a population of 1,349 with a median age of 34.6 years. Compare Pierceton with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Pierceton
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Culver | 1,346 | $44,250 | $238,500 | Compare |
| Farmland | 1,345 | $41,516 | $92,900 | Compare |
| Harlan | 1,333 | $73,214 | $166,800 | Compare |
| Oxford | 1,333 | $48,500 | $113,900 | Compare |
| Morgantown | 1,328 | $50,809 | $129,500 | Compare |
| Galveston | 1,326 | $56,969 | $121,200 | Compare |
| Shelburn | 1,325 | $41,176 | $72,000 | Compare |
| Russiaville | 1,374 | $86,321 | $175,300 | 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.
Compare Pierceton With Other Cities
Frequently Asked Questions about Pierceton
What is the population of Pierceton, IN?
The population of Pierceton, IN is 1,349 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 Pierceton?
The median household income in Pierceton, IN is $66,597 per year, which is 11% below the national median of $75,149.
What is the median home value in Pierceton?
The median home value in Pierceton, IN is $110,700, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pierceton?
The median monthly rent in Pierceton, IN is $786, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Pierceton?
The unemployment rate in Pierceton, IN is 2.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Pierceton, IN a good place to live?
Pierceton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,349 and a median age of 34.6, the city appeals to young professionals and families.
How educated is Pierceton, IN?
15.9% of residents in Pierceton 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 Pierceton?
Key cost-of-living indicators for Pierceton, IN: median home value is $110,700 (55% below national), median rent is $786/month, and median household income is $66,597. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pierceton?
The poverty rate in Pierceton, IN is 14.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Pierceton, IN?
Pierceton's population is 2.4% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 8.5% Asian, and 0.8% two or more races. 4.1% of residents are foreign-born.