Roann, IN
Population 365 · Indiana
About Roann, IN
Roann is a small community located in Indiana with a population of 365 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,614 per year, which is 37% below the national median of $75,149. The median age of 41.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Roann features a median home value of $95,200, which is 61% below the national median of $244,900. This makes Roann one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $625, 46% below the national average of $1,163/month. Of the 287 total housing units, 74% are owner-occupied (126 units) and 26% are renter-occupied (45 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Roann shows an unemployment rate of 5.2%, which is near the national rate of 3.7%. The poverty rate stands at 13.4%, above the national average of 12.4%. Workers in Roann have an average one-way commute time of 26.3 minutes.
Education & Demographics
11.9% of Roann 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 8.8% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.5% of the population being foreign-born.
How Roann Ranks in Indiana
Cost of Living in Roann, IN
Compared to national averages, Roann has a median household income of $47,614 (37% below the national median of $75,149). Home values average $95,200, which is 61% below the national median. Monthly rent at $625 is 46% below the US average of $1,163. Within Indiana, Roann's income is 31% below the state average of $69,330, and home values are 42% below the state median of $163,409.
Why Live in Roann, IN?
Roann offers affordable housing with a median home value of $95,200, below the US average of $244,900, and rent that’s lower than the national average at $625/month.
Potential considerations include median household income ($47,614) that falls below the national average. However, Roann’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Roann has a population of 365 with a median age of 41.8 years. Compare Roann with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Roann
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stockwell | 364 | $62,455 | $106,300 | Compare |
| Marion | 361 | $98,144 | $320,800 | Compare |
| Edwardsport | 357 | $51,250 | $53,900 | Compare |
| Twelve Mile | 355 | $51,536 | $0 | Compare |
| Burnettsville | 352 | $68,500 | $103,500 | Compare |
| Wheatland | 352 | $47,500 | $58,600 | Compare |
| Reddington | 380 | $98,232 | $200,000 | Compare |
| Bennetts Switch | 381 | $91,076 | $220,800 | 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 Roann With Other Cities
Frequently Asked Questions about Roann
What is the population of Roann, IN?
The population of Roann, IN is 365 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 Roann?
The median household income in Roann, IN is $47,614 per year, which is 37% below the national median of $75,149.
What is the median home value in Roann?
The median home value in Roann, IN is $95,200, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Roann?
The median monthly rent in Roann, IN is $625, which is 46% below the national average of $1,163/month.
What is the unemployment rate in Roann?
The unemployment rate in Roann, IN is 5.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Roann, IN a good place to live?
Roann offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 365 and a median age of 41.8, the city appeals to a broad range of residents.
How educated is Roann, IN?
11.9% of residents in Roann 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 Roann?
Key cost-of-living indicators for Roann, IN: median home value is $95,200 (61% below national), median rent is $625/month, and median household income is $47,614. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Roann?
The poverty rate in Roann, IN is 13.4%, 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 Roann, IN?
Roann's population is 8.8% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.5% of residents are foreign-born.