Swayzee, IN
Population 872 · Indiana
About Swayzee, IN
Swayzee is a small community located in Indiana with a population of 872 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,250 per year, which is 12% below the national median of $75,149. The median age of 38.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Swayzee features a median home value of $118,800, which is 51% below the national median of $244,900. This makes Swayzee one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $957, 18% below the national average of $1,163/month. Of the 460 total housing units, 85% are owner-occupied (344 units) and 15% are renter-occupied (62 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Swayzee shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Swayzee have an average one-way commute time of 23.9 minutes.
Education & Demographics
22.6% of Swayzee 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 2.3% White, 0.7% Hispanic or Latino, 0.5% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Swayzee, IN
Compared to national averages, Swayzee has a median household income of $66,250 (12% below the national median of $75,149). Home values average $118,800, which is 51% below the national median. Monthly rent at $957 is 18% below the US average of $1,163. Within Indiana, Swayzee's income is 4% below the state average of $69,330, and home values are 27% below the state median of $163,409.
Why Live in Swayzee, IN?
Swayzee offers affordable housing with a median home value of $118,800, below the US average of $244,900, and rent that’s lower than the national average at $957/month, and a strong job market with an unemployment rate of just 2.0%. Additionally, the city features a low poverty rate of 10.9%, better than the national average, and short commute times averaging just 23.9 minutes.
Potential considerations include median household income ($66,250) that falls below the national average. However, Swayzee’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Swayzee has a population of 872 with a median age of 38.5 years. Compare Swayzee with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Swayzee
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| La Fontaine | 873 | $50,875 | $83,800 | Compare |
| Lanesville | 871 | $80,473 | $208,000 | Compare |
| Clayton | 874 | $83,500 | $214,900 | Compare |
| Tecumseh | 870 | $92,708 | $240,700 | Compare |
| St. Mary of the Woods | 869 | $19,141 | $168,800 | Compare |
| Enchanted Hills | 867 | $67,642 | $199,200 | Compare |
| New Harmony | 867 | $50,809 | $177,400 | Compare |
| Borden | 880 | $70,750 | $167,100 | 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 Swayzee With Other Cities
Frequently Asked Questions about Swayzee
What is the population of Swayzee, IN?
The population of Swayzee, IN is 872 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 Swayzee?
The median household income in Swayzee, IN is $66,250 per year, which is 12% below the national median of $75,149.
What is the median home value in Swayzee?
The median home value in Swayzee, IN is $118,800, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Swayzee?
The median monthly rent in Swayzee, IN is $957, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Swayzee?
The unemployment rate in Swayzee, IN is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Swayzee, IN a good place to live?
Swayzee offers a moderate cost of living, affordable housing, and a strong job market. With a population of 872 and a median age of 38.5, the city appeals to a broad range of residents.
How educated is Swayzee, IN?
22.6% of residents in Swayzee 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 Swayzee?
Key cost-of-living indicators for Swayzee, IN: median home value is $118,800 (51% below national), median rent is $957/month, and median household income is $66,250. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Swayzee?
The poverty rate in Swayzee, IN is 10.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Swayzee, IN?
Swayzee's population is 2.3% White, 0.7% Hispanic or Latino, 0.5% Black or African American, 0.0% Asian, and 2.2% two or more races. 0.3% of residents are foreign-born.