Michigantown, Indiana

US Census Bureau ACS 5-Year Estimates ยท 2022

IN

Michigantown Demographics Overview

Total Population
566
ACS 2022 estimate
Median Household Income
$63,750
Annual household income
โ–ผ 15% vs US avg
Median Home Value
$116,900
Owner-occupied homes
โ–ผ 59% vs US avg
Median Gross Rent
$943
Monthly rent (incl. utilities)
โ–ผ 19% vs US avg
Median Age
28.6 years
Median age of residents
โ–ผ 26% vs US avg

Income & Economy

Median Household Income
$63,750
US avg: $74,580
vs. National Median-14.5%

Housing

Median Home Value
$116,900
US avg: $281,900
Median Gross Rent
$943/mo
US avg: $1,163/mo
Rent vs. National Avg-18.9%

Population

Total Population566
Median Age
28.6 years
US avg: 38.9 yrs

Data Source

Data for Michigantown comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Michigantown, IN โ€” Frequently Asked Questions

Common questions about Michigantown demographics

What is the population of Michigantown, Indiana?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Michigantown, Indiana is 566.

What is the median household income in Michigantown?

The median household income in Michigantown, Indiana is $63,750 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Michigantown?

Key cost indicators for Michigantown, Indiana:. Median home value: $116,900. Median gross rent: $943/month. Median household income: $63,750/year

What is the median home value in Michigantown?

The median home value in Michigantown, Indiana is $116,900, compared to the national median of approximately $281,900.

What is the average age in Michigantown?

The median age in Michigantown, Indiana is 28.6 years, compared to the US national median age of approximately 38.9 years.

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Michigantown, IN Demographics - Population, Income & Housing (2022)