Poneto, IN
Population 167 · Indiana
About Poneto, IN
Poneto is a small community located in Indiana with a population of 167 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,000 per year, which is 33% below the national median of $75,149. The median age of 40.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Poneto features a median home value of $79,400, which is 68% below the national median of $244,900. This makes Poneto one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $788, 32% below the national average of $1,163/month. Of the 70 total housing units, 81% are owner-occupied (57 units) and 19% are renter-occupied (13 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Poneto 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 22.8%, above the national average of 12.4%. Workers in Poneto have an average one-way commute time of 21.1 minutes.
Education & Demographics
8.3% of Poneto 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 7.2% White, 3.6% Hispanic or Latino, 3.0% Black or African American, and 0.0% Asian residents, with 4.2% of the population being foreign-born.
Cost of Living in Poneto, IN
Compared to national averages, Poneto has a median household income of $50,000 (33% below the national median of $75,149). Home values average $79,400, which is 68% below the national median. Monthly rent at $788 is 32% below the US average of $1,163. Within Indiana, Poneto's income is 28% below the state average of $69,330, and home values are 51% below the state median of $163,409.
Why Live in Poneto, IN?
Poneto offers affordable housing with a median home value of $79,400, below the US average of $244,900, and rent that’s lower than the national average at $788/month, and a strong job market with an unemployment rate of just 2.3%. Additionally, the city features short commute times averaging just 21.1 minutes.
Potential considerations include median household income ($50,000) that falls below the national average. However, Poneto’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Poneto has a population of 167 with a median age of 40.8 years. Compare Poneto with other cities to see how it stacks up, or explore all cities in Indiana.
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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 Poneto
What is the population of Poneto, IN?
The population of Poneto, IN is 167 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 Poneto?
The median household income in Poneto, IN is $50,000 per year, which is 33% below the national median of $75,149.
What is the median home value in Poneto?
The median home value in Poneto, IN is $79,400, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Poneto?
The median monthly rent in Poneto, IN is $788, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Poneto?
The unemployment rate in Poneto, 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 Poneto, IN a good place to live?
Poneto offers a moderate cost of living, affordable housing, and a strong job market. With a population of 167 and a median age of 40.8, the city appeals to a broad range of residents.
How educated is Poneto, IN?
8.3% of residents in Poneto 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 Poneto?
Key cost-of-living indicators for Poneto, IN: median home value is $79,400 (68% below national), median rent is $788/month, and median household income is $50,000. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Poneto?
The poverty rate in Poneto, IN is 22.8%, 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 Poneto, IN?
Poneto's population is 7.2% White, 3.6% Hispanic or Latino, 3.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 4.2% of residents are foreign-born.