Thayer, IN
Population 447 · Indiana
About Thayer, IN
Thayer is a small community in Indiana with a population of 447 residents. The median household income is $45,391 per year, which is below the national average. The median age in Thayer is 56.3 years.
Housing in Thayer has a median home value of $150,700 and median monthly rent of $0. Of the 195 total housing units, the majority are owner-occupied, with 172 owner-occupied and 23 renter-occupied units.
The unemployment rate in Thayer is 27.4% and the poverty rate is 35.8%. 5.8% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
Cost of Living in Thayer, IN
Compared to national averages, Thayer has a median household income of $45,391 (40% below the national median of $75,149). Home values average $150,700, which is 38% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Indiana, Thayer's income is 35% below the state average of $69,330, and home values are 8% below the state median of $163,409.
Why Live in Thayer, IN?
Thayer offers affordable housing with a median home value of $150,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($45,391) that falls below the national average. However, Thayer’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thayer has a population of 447 with a median age of 56.3 years. Compare Thayer with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Thayer
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Altona | 447 | $64,232 | $111,800 | Compare |
| Bruceville | 445 | $52,750 | $86,900 | Compare |
| Lake Holiday Hideaway | 445 | $68,191 | $97,600 | Compare |
| Prairieton | 449 | $0 | $374,100 | Compare |
| Center Point | 442 | $92,604 | $96,200 | Compare |
| Hatfield | 442 | $77,857 | $128,000 | Compare |
| Chrisney | 441 | $62,500 | $96,100 | Compare |
| New Richmond | 441 | $80,104 | $81,500 | 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.
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Frequently Asked Questions about Thayer
What is the population of Thayer, IN?
The population of Thayer, IN is 447 according to the latest Census data.
What is the median household income in Thayer?
The median household income in Thayer, IN is $45,391 per year.
What is the median home value in Thayer?
The median home value in Thayer, IN is $150,700.
What is the average rent in Thayer?
The median monthly rent in Thayer, IN is $0.
What is the unemployment rate in Thayer?
The unemployment rate in Thayer, IN is 27.4%.