Russiaville, IN
Population 1,374 · Indiana
About Russiaville, IN
Russiaville is a small town located in Indiana with a population of 1,374 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,321 per year, which is 15% above the national median of $75,149. The median age of 39.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Russiaville features a median home value of $175,300, which is 28% below the national median of $244,900. This positions Russiaville in a moderately priced market relative to the rest of the country. Median monthly rent is $897, 23% below the national average of $1,163/month. Of the 510 total housing units, 81% are owner-occupied (398 units) and 19% are renter-occupied (95 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Russiaville shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Russiaville have an average one-way commute time of 28 minutes.
Education & Demographics
18.9% of Russiaville 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 5.3% White, 3.0% Hispanic or Latino, 0.7% Black or African American, and 0.0% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Russiaville, IN
Compared to national averages, Russiaville has a median household income of $86,321 (15% above the national median of $75,149). Home values average $175,300, which is 28% below the national median. Monthly rent at $897 is 23% below the US average of $1,163. Within Indiana, Russiaville's income is 25% above the state average of $69,330, and home values are 7% above the state median of $163,409.
Why Live in Russiaville, IN?
Russiaville offers a strong local economy with a median household income of $86,321, well above the national average, and affordable housing with a median home value of $175,300, below the US average of $244,900, and rent that’s lower than the national average at $897/month. Additionally, the city features a strong job market with an unemployment rate of just 2.6%, and a low poverty rate of 5.0%, better than the national average.
Russiaville has a population of 1,374 with a median age of 39.4 years. Compare Russiaville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Russiaville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Pekin | 1,377 | $50,500 | $116,000 | Compare |
| Pierceton | 1,349 | $66,597 | $110,700 | Compare |
| Culver | 1,346 | $44,250 | $238,500 | Compare |
| Farmland | 1,345 | $41,516 | $92,900 | Compare |
| Warren Park | 1,411 | $39,865 | $194,400 | Compare |
| South Whitley | 1,412 | $59,191 | $130,300 | Compare |
| Otterbein | 1,414 | $63,676 | $137,400 | Compare |
| Harlan | 1,333 | $73,214 | $166,800 | 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 Russiaville With Other Cities
Frequently Asked Questions about Russiaville
What is the population of Russiaville, IN?
The population of Russiaville, IN is 1,374 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 Russiaville?
The median household income in Russiaville, IN is $86,321 per year, which is 15% above the national median of $75,149.
What is the median home value in Russiaville?
The median home value in Russiaville, IN is $175,300, which is 28% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Russiaville?
The median monthly rent in Russiaville, IN is $897, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Russiaville?
The unemployment rate in Russiaville, IN is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Russiaville, IN a good place to live?
Russiaville offers above-average incomes, affordable housing, and a strong job market. With a population of 1,374 and a median age of 39.4, the city appeals to a broad range of residents.
How educated is Russiaville, IN?
18.9% of residents in Russiaville 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 Russiaville?
Key cost-of-living indicators for Russiaville, IN: median home value is $175,300 (28% below national), median rent is $897/month, and median household income is $86,321. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Russiaville?
The poverty rate in Russiaville, IN is 5.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Russiaville, IN?
Russiaville's population is 5.3% White, 3.0% Hispanic or Latino, 0.7% Black or African American, 0.0% Asian, and 0.7% two or more races. 1.1% of residents are foreign-born.