Putnamville, IN
Population 2,126 · Indiana
About Putnamville, IN
Putnamville is a small town located in Indiana with a population of 2,126 residents according to the latest US Census Bureau American Community Survey data. The median household income is $147,527 per year, which is 96% above the national median of $75,149. The median age of 37.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Putnamville features a median home value of $0, which is 100% below the national median of $244,900. This makes Putnamville 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 91 total housing units, 81% are owner-occupied (74 units) and 19% are renter-occupied (17 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Putnamville shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Putnamville have an average one-way commute time of 13.1 minutes, one of the shorter commutes in the region.
Education & Demographics
4.4% of Putnamville 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 0.7% White, 1.3% Hispanic or Latino, 0.1% Black or African American, and 1.5% Asian residents, with 0.7% of the population being foreign-born.
How Putnamville Ranks in Indiana
Cost of Living in Putnamville, IN
Compared to national averages, Putnamville has a median household income of $147,527 (96% above 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, Putnamville's income is 113% above the state average of $69,330, and home values are 100% below the state median of $163,409.
Why Live in Putnamville, IN?
Putnamville offers a strong local economy with a median household income of $147,527, well above the national average, and 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. Additionally, the city features a strong job market with an unemployment rate of just 0.6%, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 13.1 minutes.
Putnamville has a population of 2,126 with a median age of 37.8 years. Compare Putnamville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Putnamville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Petersburg | 2,141 | $48,924 | $94,700 | Compare |
| New Carlisle | 2,110 | $65,625 | $180,100 | Compare |
| Edgewood | 2,101 | $85,842 | $173,800 | Compare |
| Flora | 2,100 | $61,458 | $136,700 | Compare |
| Knightstown | 2,154 | $44,655 | $121,500 | Compare |
| North Judson | 2,094 | $59,630 | $128,700 | Compare |
| Monrovia | 2,090 | $91,375 | $216,500 | Compare |
| Middletown | 2,163 | $55,833 | $98,500 | 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 Putnamville With Other Cities
Frequently Asked Questions about Putnamville
What is the population of Putnamville, IN?
The population of Putnamville, IN is 2,126 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 Putnamville?
The median household income in Putnamville, IN is $147,527 per year, which is 96% above the national median of $75,149.
What is the median home value in Putnamville?
The median home value in Putnamville, 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 Putnamville?
The median monthly rent in Putnamville, IN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Putnamville?
The unemployment rate in Putnamville, IN is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Putnamville, IN a good place to live?
Putnamville offers above-average incomes, affordable housing, and a strong job market. With a population of 2,126 and a median age of 37.8, the city appeals to a broad range of residents.
How educated is Putnamville, IN?
4.4% of residents in Putnamville 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 Putnamville?
Key cost-of-living indicators for Putnamville, IN: median home value is $0 (100% below national), median rent is $0/month, and median household income is $147,527. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Putnamville?
The poverty rate in Putnamville, 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 Putnamville, IN?
Putnamville's population is 0.7% White, 1.3% Hispanic or Latino, 0.1% Black or African American, 1.5% Asian, and 32.0% two or more races. 0.7% of residents are foreign-born.