Versailles, IN
Population 1,882 · Indiana
About Versailles, IN
Versailles is a small town located in Indiana with a population of 1,882 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,179 per year, which is 33% below the national median of $75,149. The median age of 39.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Versailles features a median home value of $165,600, which is 32% below the national median of $244,900. This positions Versailles in a moderately priced market relative to the rest of the country. Median monthly rent is $709, 39% below the national average of $1,163/month. Of the 935 total housing units, 57% are owner-occupied (476 units) and 43% are renter-occupied (356 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Versailles shows an unemployment rate of 1.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.7%, above the national average of 12.4%. Workers in Versailles have an average one-way commute time of 27.6 minutes.
Education & Demographics
16.8% of Versailles 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 0.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.0% of the population being foreign-born.
Cost of Living in Versailles, IN
Compared to national averages, Versailles has a median household income of $50,179 (33% below the national median of $75,149). Home values average $165,600, which is 32% below the national median. Monthly rent at $709 is 39% below the US average of $1,163. Within Indiana, Versailles's income is 28% below the state average of $69,330, and home values are 1% above the state median of $163,409.
Why Live in Versailles, IN?
Versailles offers affordable housing with a median home value of $165,600, below the US average of $244,900, and rent that’s lower than the national average at $709/month, and a strong job market with an unemployment rate of just 1.9%.
Potential considerations include median household income ($50,179) that falls below the national average. However, Versailles’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Versailles has a population of 1,882 with a median age of 39.1 years. Compare Versailles with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Versailles
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Churubusco | 1,894 | $59,621 | $137,600 | Compare |
| Bristol | 1,903 | $81,656 | $202,900 | Compare |
| Hamilton | 1,849 | $66,884 | $265,600 | Compare |
| Williamsport | 1,921 | $56,875 | $132,500 | Compare |
| North Liberty | 1,838 | $61,143 | $157,100 | Compare |
| Argos | 1,822 | $60,214 | $128,100 | Compare |
| Roanoke | 1,819 | $72,880 | $168,600 | Compare |
| Bourbon | 1,816 | $71,375 | $156,800 | 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 Versailles With Other Cities
Frequently Asked Questions about Versailles
What is the population of Versailles, IN?
The population of Versailles, IN is 1,882 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 Versailles?
The median household income in Versailles, IN is $50,179 per year, which is 33% below the national median of $75,149.
What is the median home value in Versailles?
The median home value in Versailles, IN is $165,600, which is 32% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Versailles?
The median monthly rent in Versailles, IN is $709, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Versailles?
The unemployment rate in Versailles, IN is 1.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Versailles, IN a good place to live?
Versailles offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,882 and a median age of 39.1, the city appeals to a broad range of residents.
How educated is Versailles, IN?
16.8% of residents in Versailles 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 Versailles?
Key cost-of-living indicators for Versailles, IN: median home value is $165,600 (32% below national), median rent is $709/month, and median household income is $50,179. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Versailles?
The poverty rate in Versailles, IN is 17.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Versailles, IN?
Versailles's population is 0.0% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.0% two or more races. 1.0% of residents are foreign-born.