Saratoga, IN
Population 293 · Indiana
About Saratoga, IN
Saratoga is a small community located in Indiana with a population of 293 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,364 per year, which is 18% below the national median of $75,149. The median age of 27.4 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 Saratoga features a median home value of $60,400, which is 75% below the national median of $244,900. This makes Saratoga one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $684, 41% below the national average of $1,163/month. Of the 131 total housing units, 66% are owner-occupied (65 units) and 34% are renter-occupied (33 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Saratoga shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Saratoga have an average one-way commute time of 16.4 minutes, one of the shorter commutes in the region.
Education & Demographics
8.7% of Saratoga 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 1.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Saratoga Ranks in Indiana
Cost of Living in Saratoga, IN
Compared to national averages, Saratoga has a median household income of $61,364 (18% below the national median of $75,149). Home values average $60,400, which is 75% below the national median. Monthly rent at $684 is 41% below the US average of $1,163. Within Indiana, Saratoga's income is 11% below the state average of $69,330, and home values are 63% below the state median of $163,409.
Why Live in Saratoga, IN?
Saratoga offers affordable housing with a median home value of $60,400, below the US average of $244,900, and rent that’s lower than the national average at $684/month, and a low poverty rate of 9.2%, better than the national average. Additionally, the city features short commute times averaging just 16.4 minutes.
Potential considerations include median household income ($61,364) that falls below the national average. However, Saratoga’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Saratoga has a population of 293 with a median age of 27.4 years. Compare Saratoga with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Saratoga
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Carbon | 293 | $70,000 | $73,300 | Compare |
| Merom | 292 | $37,115 | $57,700 | Compare |
| Hartz Lake | 291 | $43,659 | $0 | Compare |
| Coalmont | 290 | $77,054 | $121,600 | Compare |
| Orestes | 290 | $53,750 | $85,600 | Compare |
| Patricksburg | 290 | $70,931 | $0 | Compare |
| Bowling Green | 289 | $0 | $95,000 | Compare |
| Otter Lake | 297 | $153,162 | $242,200 | 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 Saratoga With Other Cities
Frequently Asked Questions about Saratoga
What is the population of Saratoga, IN?
The population of Saratoga, IN is 293 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 Saratoga?
The median household income in Saratoga, IN is $61,364 per year, which is 18% below the national median of $75,149.
What is the median home value in Saratoga?
The median home value in Saratoga, IN is $60,400, which is 75% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Saratoga?
The median monthly rent in Saratoga, IN is $684, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Saratoga?
The unemployment rate in Saratoga, IN is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Saratoga, IN a good place to live?
Saratoga offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 293 and a median age of 27.4, the city appeals to young professionals and families.
How educated is Saratoga, IN?
8.7% of residents in Saratoga 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 Saratoga?
Key cost-of-living indicators for Saratoga, IN: median home value is $60,400 (75% below national), median rent is $684/month, and median household income is $61,364. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Saratoga?
The poverty rate in Saratoga, IN is 9.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Saratoga, IN?
Saratoga's population is 1.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.