Universal, IN
Population 273 · Indiana
About Universal, IN
Universal is a small community in Indiana with a population of 273 residents. The median household income is $63,250 per year, which is near the national average. The median age in Universal is 36.8 years.
Housing in Universal has a median home value of $70,500 and median monthly rent of $575. Of the 127 total housing units, the majority are owner-occupied, with 101 owner-occupied and 11 renter-occupied units.
The unemployment rate in Universal is 0.9% and the poverty rate is 14.7%. 14.4% of residents hold a bachelor's degree or higher. The average commute time is 31.6 minutes.
How Universal Ranks in Indiana
Cost of Living in Universal, IN
Compared to national averages, Universal has a median household income of $63,250 (16% below the national median of $75,149). Home values average $70,500, which is 71% below the national median. Monthly rent at $575 is 51% below the US average of $1,163. Within Indiana, Universal's income is 9% below the state average of $69,330, and home values are 57% below the state median of $163,409.
Why Live in Universal, IN?
Universal offers affordable housing with a median home value of $70,500, below the US average of $244,900, and rent that’s lower than the national average at $575/month, and a strong job market with an unemployment rate of just 0.9%.
Potential considerations include median household income ($63,250) that falls below the national average. However, Universal’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Universal has a population of 273 with a median age of 36.8 years. Compare Universal with other cities to see how it stacks up, or explore all cities in Indiana.
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Cities in Indiana with a similar population size.
Demographics
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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 Universal
What is the population of Universal, IN?
The population of Universal, IN is 273 according to the latest Census data.
What is the median household income in Universal?
The median household income in Universal, IN is $63,250 per year.
What is the median home value in Universal?
The median home value in Universal, IN is $70,500.
What is the average rent in Universal?
The median monthly rent in Universal, IN is $575.
What is the unemployment rate in Universal?
The unemployment rate in Universal, IN is 0.9%.