Topeka, IN
Population 1,037 · Indiana
About Topeka, IN
Topeka is a small town located in Indiana with a population of 1,037 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,857 per year, which is 16% below the national median of $75,149. The median age of 30 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 Topeka features a median home value of $138,900, which is 43% below the national median of $244,900. This makes Topeka one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $872, 25% below the national average of $1,163/month. Of the 398 total housing units, 66% are owner-occupied (228 units) and 34% are renter-occupied (120 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Topeka shows an unemployment rate of 11.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Topeka have an average one-way commute time of 17.7 minutes, one of the shorter commutes in the region.
Education & Demographics
5.9% of Topeka 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 1.6% White, 9.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 9.7% of the population being foreign-born.
Cost of Living in Topeka, IN
Compared to national averages, Topeka has a median household income of $62,857 (16% below the national median of $75,149). Home values average $138,900, which is 43% below the national median. Monthly rent at $872 is 25% below the US average of $1,163. Within Indiana, Topeka's income is 9% below the state average of $69,330, and home values are 15% below the state median of $163,409.
Why Live in Topeka, IN?
Topeka offers affordable housing with a median home value of $138,900, below the US average of $244,900, and rent that’s lower than the national average at $872/month, and a low poverty rate of 7.7%, better than the national average. Additionally, the city features short commute times averaging just 17.7 minutes.
Potential considerations include median household income ($62,857) that falls below the national average. However, Topeka’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Topeka has a population of 1,037 with a median age of 30 years. Compare Topeka with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Topeka
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wolcott | 1,044 | $70,938 | $112,500 | Compare |
| Shirley | 1,026 | $66,429 | $103,700 | Compare |
| Dayton | 1,049 | $74,417 | $169,500 | Compare |
| English | 1,025 | $34,250 | $86,300 | Compare |
| Lake Santee | 1,051 | $135,804 | $226,500 | Compare |
| Seelyville | 1,052 | $52,031 | $139,100 | Compare |
| St. Paul | 1,019 | $71,750 | $100,800 | Compare |
| Utica | 1,017 | $75,268 | $210,900 | 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 Topeka With Other Cities
Frequently Asked Questions about Topeka
What is the population of Topeka, IN?
The population of Topeka, IN is 1,037 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 Topeka?
The median household income in Topeka, IN is $62,857 per year, which is 16% below the national median of $75,149.
What is the median home value in Topeka?
The median home value in Topeka, IN is $138,900, which is 43% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Topeka?
The median monthly rent in Topeka, IN is $872, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Topeka?
The unemployment rate in Topeka, IN is 11.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Topeka, IN a good place to live?
Topeka offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,037 and a median age of 30, the city appeals to young professionals and families.
How educated is Topeka, IN?
5.9% of residents in Topeka 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 Topeka?
Key cost-of-living indicators for Topeka, IN: median home value is $138,900 (43% below national), median rent is $872/month, and median household income is $62,857. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Topeka?
The poverty rate in Topeka, IN is 7.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Topeka, IN?
Topeka's population is 1.6% White, 9.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.9% two or more races. 9.7% of residents are foreign-born.