Pine Village, IN
Population 311 · Indiana
About Pine Village, IN
Pine Village is a small community located in Indiana with a population of 311 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,739 per year, which is 44% below the national median of $75,149. The median age of 31.5 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 Pine Village features a median home value of $110,800, which is 55% below the national median of $244,900. This makes Pine Village one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $807, 31% below the national average of $1,163/month. Of the 145 total housing units, 63% are owner-occupied (77 units) and 37% are renter-occupied (45 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Pine Village shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.4%, above the national average of 12.4%. Workers in Pine Village have an average one-way commute time of 27.1 minutes.
Education & Demographics
2.1% of Pine Village 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 6.4% White, 12.9% Hispanic or Latino, 0.6% Black or African American, and 1.3% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in Pine Village, IN
Compared to national averages, Pine Village has a median household income of $41,739 (44% below the national median of $75,149). Home values average $110,800, which is 55% below the national median. Monthly rent at $807 is 31% below the US average of $1,163. Within Indiana, Pine Village's income is 40% below the state average of $69,330, and home values are 32% below the state median of $163,409.
Why Live in Pine Village, IN?
Pine Village offers affordable housing with a median home value of $110,800, below the US average of $244,900, and rent that’s lower than the national average at $807/month, and a strong job market with an unemployment rate of just 1.6%.
Potential considerations include median household income ($41,739) that falls below the national average. However, Pine Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pine Village has a population of 311 with a median age of 31.5 years. Compare Pine Village with other cities to see how it stacks up, or explore all cities in Indiana.
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Cities in Indiana with a similar population size.
Demographics
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Economy & Education
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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 Pine Village
What is the population of Pine Village, IN?
The population of Pine Village, IN is 311 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 Pine Village?
The median household income in Pine Village, IN is $41,739 per year, which is 44% below the national median of $75,149.
What is the median home value in Pine Village?
The median home value in Pine Village, IN is $110,800, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pine Village?
The median monthly rent in Pine Village, IN is $807, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Pine Village?
The unemployment rate in Pine Village, IN is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Pine Village, IN a good place to live?
Pine Village offers a moderate cost of living, affordable housing, and a strong job market. With a population of 311 and a median age of 31.5, the city appeals to young professionals and families.
How educated is Pine Village, IN?
2.1% of residents in Pine Village 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 Pine Village?
Key cost-of-living indicators for Pine Village, IN: median home value is $110,800 (55% below national), median rent is $807/month, and median household income is $41,739. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pine Village?
The poverty rate in Pine Village, IN is 16.4%, 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 Pine Village, IN?
Pine Village's population is 6.4% White, 12.9% Hispanic or Latino, 0.6% Black or African American, 1.3% Asian, and 0.0% two or more races. 1.6% of residents are foreign-born.