Schererville, IN
Population 29,627 · Indiana
About Schererville, IN
Schererville is a mid-sized city located in Indiana with a population of 29,627 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,020 per year, which is 14% above the national median of $75,149. The median age of 44.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Schererville features a median home value of $294,600, which is 20% above the national median of $244,900. This positions Schererville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,224, 5% above the national average of $1,163/month. Of the 12,398 total housing units, 80% are owner-occupied (9,608 units) and 20% are renter-occupied (2,425 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Schererville shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 8.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Schererville have an average one-way commute time of 31.7 minutes.
Education & Demographics
33.7% of Schererville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 12.8% White, 0.6% Hispanic or Latino, 1.3% Black or African American, and 0.9% Asian residents, with 9.4% of the population being foreign-born.
How Schererville Ranks in Indiana
Cost of Living in Schererville, IN
Compared to national averages, Schererville has a median household income of $86,020 (14% above the national median of $75,149). Home values average $294,600, which is 20% above the national median. Monthly rent at $1,224 is 5% above the US average of $1,163. Within Indiana, Schererville's income is 24% above the state average of $69,330, and home values are 80% above the state median of $163,409.
Why Live in Schererville, IN?
Schererville offers a strong local economy with a median household income of $86,020, well above the national average, and a low poverty rate of 8.0%, better than the national average.
Schererville has a population of 29,627 with a median age of 44.2 years. Compare Schererville with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Schererville
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hobart | 29,646 | $71,680 | $203,400 | Compare |
| Granger | 30,279 | $117,348 | $302,500 | Compare |
| Brownsburg | 30,310 | $105,435 | $282,800 | Compare |
| Zionsville | 31,442 | $159,126 | $543,800 | Compare |
| Michigan City | 31,894 | $52,979 | $129,000 | Compare |
| East Chicago | 26,158 | $41,071 | $92,400 | Compare |
| Franklin | 25,999 | $77,305 | $212,500 | Compare |
| Crown Point | 34,042 | $95,757 | $272,800 | 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 Schererville With Other Cities
Frequently Asked Questions about Schererville
What is the population of Schererville, IN?
The population of Schererville, IN is 29,627 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Indiana.
What is the median household income in Schererville?
The median household income in Schererville, IN is $86,020 per year, which is 14% above the national median of $75,149.
What is the median home value in Schererville?
The median home value in Schererville, IN is $294,600, which is 20% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Schererville?
The median monthly rent in Schererville, IN is $1,224, which is 5% above the national average of $1,163/month.
What is the unemployment rate in Schererville?
The unemployment rate in Schererville, IN is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Schererville, IN a good place to live?
Schererville offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 29,627 and a median age of 44.2, the city appeals to a broad range of residents.
How educated is Schererville, IN?
33.7% of residents in Schererville 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 Schererville?
Key cost-of-living indicators for Schererville, IN: median home value is $294,600 (20% above national), median rent is $1,224/month, and median household income is $86,020. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Schererville?
The poverty rate in Schererville, IN is 8.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Schererville, IN?
Schererville's population is 12.8% White, 0.6% Hispanic or Latino, 1.3% Black or African American, 0.9% Asian, and 8.2% two or more races. 9.4% of residents are foreign-born.