Spurgeon, IN
Population 147 · Indiana
About Spurgeon, IN
Spurgeon is a small community located in Indiana with a population of 147 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,750 per year, which is 18% below the national median of $75,149. The median age of 50.2 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 Spurgeon features a median home value of $107,100, which is 56% below the national median of $244,900. This makes Spurgeon one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $833, 28% below the national average of $1,163/month. Of the 78 total housing units, 84% are owner-occupied (61 units) and 16% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Spurgeon shows an unemployment rate of 15.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 3.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Spurgeon have an average one-way commute time of 31.6 minutes.
Education & Demographics
4.6% of Spurgeon 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Spurgeon, IN
Compared to national averages, Spurgeon has a median household income of $61,750 (18% below the national median of $75,149). Home values average $107,100, which is 56% below the national median. Monthly rent at $833 is 28% below the US average of $1,163. Within Indiana, Spurgeon's income is 11% below the state average of $69,330, and home values are 34% below the state median of $163,409.
Why Live in Spurgeon, IN?
Spurgeon offers affordable housing with a median home value of $107,100, below the US average of $244,900, and rent that’s lower than the national average at $833/month, and a low poverty rate of 3.4%, better than the national average.
Potential considerations include median household income ($61,750) that falls below the national average. However, Spurgeon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Spurgeon has a population of 147 with a median age of 50.2 years. Compare Spurgeon with other cities to see how it stacks up, or explore all cities in Indiana.
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Spurgeon
What is the population of Spurgeon, IN?
The population of Spurgeon, IN is 147 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 Spurgeon?
The median household income in Spurgeon, IN is $61,750 per year, which is 18% below the national median of $75,149.
What is the median home value in Spurgeon?
The median home value in Spurgeon, IN is $107,100, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Spurgeon?
The median monthly rent in Spurgeon, IN is $833, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Spurgeon?
The unemployment rate in Spurgeon, IN is 15.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Spurgeon, IN a good place to live?
Spurgeon offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 147 and a median age of 50.2, the city appeals to established professionals and retirees.
How educated is Spurgeon, IN?
4.6% of residents in Spurgeon 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 Spurgeon?
Key cost-of-living indicators for Spurgeon, IN: median home value is $107,100 (56% below national), median rent is $833/month, and median household income is $61,750. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Spurgeon?
The poverty rate in Spurgeon, IN is 3.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Spurgeon, IN?
Spurgeon's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.7% of residents are foreign-born.