Thorntown, IN
Population 1,155 · Indiana
About Thorntown, IN
Thorntown is a small town located in Indiana with a population of 1,155 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,875 per year, which is 7% below the national median of $75,149. The median age of 34.9 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 Thorntown features a median home value of $173,400, which is 29% below the national median of $244,900. This positions Thorntown in a moderately priced market relative to the rest of the country. Median monthly rent is $871, 25% below the national average of $1,163/month. Of the 495 total housing units, 70% are owner-occupied (302 units) and 30% are renter-occupied (131 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Thorntown shows an unemployment rate of 0.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Thorntown have an average one-way commute time of 26.8 minutes.
Education & Demographics
17.9% of Thorntown 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 1.4% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 0.5% of the population being foreign-born.
How Thorntown Ranks in Indiana
Cost of Living in Thorntown, IN
Compared to national averages, Thorntown has a median household income of $69,875 (7% below the national median of $75,149). Home values average $173,400, which is 29% below the national median. Monthly rent at $871 is 25% below the US average of $1,163. Within Indiana, Thorntown's income is 1% above the state average of $69,330, and home values are 6% above the state median of $163,409.
Why Live in Thorntown, IN?
Thorntown offers affordable housing with a median home value of $173,400, below the US average of $244,900, and rent that’s lower than the national average at $871/month, and a strong job market with an unemployment rate of just 0.9%. Additionally, the city features a low poverty rate of 9.7%, better than the national average.
Potential considerations include median household income ($69,875) that falls below the national average. However, Thorntown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thorntown has a population of 1,155 with a median age of 34.9 years. Compare Thorntown with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Thorntown
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ladoga | 1,155 | $72,188 | $123,700 | Compare |
| Markle | 1,154 | $54,000 | $131,500 | Compare |
| Monroeville | 1,145 | $54,222 | $109,600 | Compare |
| Morocco | 1,169 | $60,000 | $113,500 | Compare |
| Underwood | 1,140 | $61,818 | $181,300 | Compare |
| Ashley | 1,174 | $56,667 | $117,600 | Compare |
| Cayuga | 1,135 | $52,393 | $81,000 | Compare |
| Poseyville | 1,131 | $70,455 | $131,500 | 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.
Compare Thorntown With Other Cities
Frequently Asked Questions about Thorntown
What is the population of Thorntown, IN?
The population of Thorntown, IN is 1,155 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Thorntown?
The median household income in Thorntown, IN is $69,875 per year, which is 7% below the national median of $75,149.
What is the median home value in Thorntown?
The median home value in Thorntown, IN is $173,400, which is 29% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thorntown?
The median monthly rent in Thorntown, IN is $871, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Thorntown?
The unemployment rate in Thorntown, IN is 0.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Thorntown, IN a good place to live?
Thorntown offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,155 and a median age of 34.9, the city appeals to young professionals and families.
How educated is Thorntown, IN?
17.9% of residents in Thorntown 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 Thorntown?
Key cost-of-living indicators for Thorntown, IN: median home value is $173,400 (29% below national), median rent is $871/month, and median household income is $69,875. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Thorntown?
The poverty rate in Thorntown, IN is 9.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Thorntown, IN?
Thorntown's population is 1.4% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.