Living in Arcola, Indiana
Cost of living, income, home prices, rent and demographics of Arcola · Census data 2020–2024
Arcola has 201 residents with a median age of 27. The median household income is $71,528 (about the same as the Indiana median), the median home value is $115,300.
Arcola is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Arcola at a glance
- Population
- 201
- Median age
- 27State: 38.1
- Median household income
- $71,528State: $71,957
- Median home value
- $115,300State: $218,200
- Homeowners
- 100%
- Bachelor's degree or higher
- 24.6%
- Average commute
- 22 min
Is Arcola a good place to live?
Pros: Home values 47% lower than the state median; an average commute of 22 minutes; a poverty rate of 6.5%.
Cons: Median household income about the same as the Indiana median; unemployment of 5.4%.
The weather is best in June to September.
Cost of living in Arcola
Housing is the biggest part of the cost of living. In Arcola the median home value is $115,300, 65% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,042 a month in housing costs.
Arcola median household income
The median household income in Arcola is $71,528 and the income per person is $31,518. 6.5% of residents live below the poverty line (Indiana: 12.3%).
Housing in Arcola: homes for sale and rent
- Housing units
- 77
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.61
Arcola demographics
- Population
- 201
- Median age
- 27
- Under 18
- 26.4%
- 65 and older
- 12.4%
- Households
- 77
- Foreign-born
- 0%
- Veterans
- 8.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Arcola ›
Education in Arcola
24.6% of adults 25 and older in Arcola have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.
Jobs and commute in Arcola
- Unemployment rate
- 5.4%State: 4.3%
- Average commute
- 22 minState: 24 min
- Work from home
- 33%
- Drive alone
- 55.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 74%
Arcola vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Arcola | 201 | $71,528 | $115,300 | — |
| Lake Everett | 368 | $80,903 | $254,300 | — |
| Coesse | 154 | $93,750 | $166,100 | — |
| Fort Wayne | 268,589 | $61,422 | $188,900 | $999 |
| Churubusco | 1,757 | $65,086 | $152,300 | $683 |
| Laud | 101 | $118,295 | — | — |
| Huntertown | 11,379 | $109,432 | $298,200 | $1,550 |
| Columbia City | 9,897 | $68,089 | $189,100 | $963 |
| Roanoke | 1,940 | $71,488 | $185,200 | $817 |
More for people moving to Arcola
Arcola ZIP code ›Weather and climate ›Living in Arcola: FAQ
What is the median household income in Arcola, IN?
The median household income in Arcola is $71,528, about the same as the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Arcola?
The median home value in Arcola is $115,300, compared with $218,200 in Indiana.
Is Arcola, IN a good place to live?
Pluses: home values 47% lower than the state median; an average commute of 22 minutes; a poverty rate of 6.5%. Minuses: median household income about the same as the Indiana median; unemployment of 5.4%.
What is the median age in Arcola?
The median age in Arcola is 27 years (Indiana: 38.1).
How long is the commute in Arcola?
The average commute to work in Arcola is 22 minutes; 33% of workers work from home.
What is the unemployment rate in Arcola?
The unemployment rate in Arcola is 5.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Arcola?
24.6% of adults in Arcola have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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