Living in Bainbridge, Indiana
Cost of living, income, home prices, rent and demographics of Bainbridge · Census data 2020–2024
Bainbridge has 605 residents with a median age of 34.7. The median household income is $59,712 (17% lower than the Indiana median), the median home value is $180,500, the median rent is $965/month.
Bainbridge is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Bainbridge at a glance
- Population
- 605
- Median age
- 34.7State: 38.1
- Median household income
- $59,712State: $71,957
- Median home value
- $180,500State: $218,200
- Median rent
- $965/moState: $1,062
- Homeowners
- 74.1%
- Bachelor's degree or higher
- 11.4%
- Average commute
- 36 min
Is Bainbridge a good place to live?
Pros: Home values 17% lower than the state median; unemployment of 3.5%.
Cons: Median household income 17% lower than the Indiana median; an average commute of 36 minutes; a poverty rate of 13.7%.
The weather is best in June to September.
Cost of living in Bainbridge
Housing is the biggest part of the cost of living. In Bainbridge the median home value is $180,500, 46% lower than the U.S. median. Renters pay a median of $965 per month, which is 32.8% of household income. Homeowners with a mortgage pay $1,053 a month in housing costs.
Bainbridge median household income
The median household income in Bainbridge is $59,712 and the income per person is $30,938. 13.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in Bainbridge: homes for sale and rent
- Housing units
- 272
- Owner-occupied
- 74.1%
- Renter-occupied
- 25.9%
- Vacant
- 3.3%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.30
Bainbridge demographics
- Population
- 605
- Median age
- 34.7
- Under 18
- 25.8%
- 65 and older
- 20.7%
- Households
- 263
- Foreign-born
- 1.5%
- Veterans
- 11.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Bainbridge ›
Education in Bainbridge
11.4% of adults 25 and older in Bainbridge have a bachelor's degree or higher (Indiana: 29.5%), and 2.4% have a graduate or professional degree.
Jobs and commute in Bainbridge
- Unemployment rate
- 3.5%State: 4.3%
- Average commute
- 36 minState: 24 min
- Work from home
- 5.7%
- Drive alone
- 79.9%
- Public transit
- 0%
- Walk to work
- 2.9%
- Homes with broadband
- 83.3%
Bainbridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Bainbridge | 605 | $59,712 | $180,500 | $965 |
| Groveland | 209 | $88,255 | $255,700 | — |
| Heritage Lake | 3,227 | $87,568 | $262,900 | — |
| Roachdale | 971 | $66,216 | $143,400 | $1,002 |
| Van Bibber Lake | 658 | $37,315 | $65,500 | $813 |
| Fillmore | 895 | $85,543 | $110,000 | $1,125 |
| Greencastle | 9,864 | $55,565 | $169,200 | $908 |
| Coatesville | 566 | $77,625 | $180,400 | $1,227 |
| Ladoga | 1,144 | $61,667 | $130,600 | $825 |
More for people moving to Bainbridge
Bainbridge ZIP code ›Weather and climate ›Living in Bainbridge: FAQ
What is the median household income in Bainbridge, IN?
The median household income in Bainbridge is $59,712, 17% 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 Bainbridge?
The median home value in Bainbridge is $180,500, compared with $218,200 in Indiana.
How much is rent in Bainbridge?
The median gross rent in Bainbridge is $965 per month, about 32.8% of household income.
Is Bainbridge, IN a good place to live?
Pluses: home values 17% lower than the state median; unemployment of 3.5%. Minuses: median household income 17% lower than the Indiana median; an average commute of 36 minutes; a poverty rate of 13.7%.
What is the median age in Bainbridge?
The median age in Bainbridge is 34.7 years (Indiana: 38.1).
How long is the commute in Bainbridge?
The average commute to work in Bainbridge is 36 minutes; 5.7% of workers work from home.
What is the unemployment rate in Bainbridge?
The unemployment rate in Bainbridge is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Bainbridge?
11.4% of adults in Bainbridge 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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