Living in Austin, Indiana
Cost of living, income, home prices, rent and demographics of Austin · Census data 2020–2024
Austin has 3,818 residents with a median age of 45.2. The median household income is $31,520 (56% lower than the Indiana median), the median home value is $86,200, the median rent is $677/month.
Austin at a glance
- Population
- 3,818
- Median age
- 45.2State: 38.1
- Median household income
- $31,520State: $71,957
- Median home value
- $86,200State: $218,200
- Median rent
- $677/moState: $1,062
- Homeowners
- 65.8%
- Bachelor's degree or higher
- 11.6%
- Average commute
- 23 min
Is Austin a good place to live?
Pros: Home values 60% lower than the state median; an average commute of 23 minutes.
Cons: Median household income 56% lower than the Indiana median; unemployment of 5.3%; a poverty rate of 27%.
The weather is best in May and August to October.
Cost of living in Austin
Housing is the biggest part of the cost of living. In Austin the median home value is $86,200, 74% lower than the U.S. median. Renters pay a median of $677 per month, which is 31.1% of household income. Homeowners with a mortgage pay $823 a month in housing costs.
Austin median household income
The median household income in Austin is $31,520 and the income per person is $23,062. 27% of residents live below the poverty line (Indiana: 12.3%).
Housing in Austin: homes for sale and rent
- Housing units
- 2,181
- Owner-occupied
- 65.8%
- Renter-occupied
- 34.2%
- Vacant
- 12.9%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.01
Austin demographics
- Population
- 3,818
- Median age
- 45.2
- Under 18
- 16.7%
- 65 and older
- 19%
- Households
- 1,900
- Foreign-born
- 0.4%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Austin ›
Education in Austin
11.6% of adults 25 and older in Austin have a bachelor's degree or higher (Indiana: 29.5%), and 2.8% have a graduate or professional degree.
Jobs and commute in Austin
- Unemployment rate
- 5.3%State: 4.3%
- Average commute
- 23 minState: 24 min
- Work from home
- 5.1%
- Drive alone
- 83.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85.9%
Austin vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Austin | 3,818 | $31,520 | $86,200 | $677 |
| Crothersville | 1,720 | $55,909 | $120,300 | $1,034 |
| Scottsburg | 7,362 | $38,578 | $146,200 | $831 |
| Little York | 208 | $64,583 | $159,400 | $1,021 |
| Underwood | 957 | $69,625 | $176,300 | — |
| Commiskey | 139 | $90,188 | $164,800 | — |
| Henryville | 1,691 | $71,667 | $204,000 | $810 |
| Canton | 148 | $100,179 | $126,300 | — |
| Seymour | 22,371 | $64,426 | $162,800 | $1,011 |
More for people moving to Austin
Austin ZIP code ›Weather and climate ›Living in Austin: FAQ
What is the median household income in Austin, IN?
The median household income in Austin is $31,520, 56% lower than 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 Austin?
The median home value in Austin is $86,200, compared with $218,200 in Indiana.
How much is rent in Austin?
The median gross rent in Austin is $677 per month, about 31.1% of household income.
Is Austin, IN a good place to live?
Pluses: home values 60% lower than the state median; an average commute of 23 minutes. Minuses: median household income 56% lower than the Indiana median; unemployment of 5.3%; a poverty rate of 27%.
What is the median age in Austin?
The median age in Austin is 45.2 years (Indiana: 38.1).
How long is the commute in Austin?
The average commute to work in Austin is 23 minutes; 5.1% of workers work from home.
What is the unemployment rate in Austin?
The unemployment rate in Austin is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Austin?
11.6% of adults in Austin 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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