Living in Borden, Indiana
Cost of living, income, home prices, rent and demographics of Borden · Census data 2020–2024
Borden has 987 residents with a median age of 34.1. The median household income is $72,708 (about the same as the Indiana median), the median home value is $174,500, the median rent is $1,042/month.
Borden is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Borden at a glance
- Population
- 987
- Median age
- 34.1State: 38.1
- Median household income
- $72,708State: $71,957
- Median home value
- $174,500State: $218,200
- Median rent
- $1,042/moState: $1,062
- Homeowners
- 83.1%
- Bachelor's degree or higher
- 21.7%
- Average commute
- 29 min
Is Borden a good place to live?
Pros: Median household income about the same as the Indiana median; home values 20% lower than the state median; unemployment of 0.2%; a poverty rate of 7.4%.
Cons: An average commute of 29 minutes.
The weather is best in May and August to October.
Cost of living in Borden
Housing is the biggest part of the cost of living. In Borden the median home value is $174,500, 48% lower than the U.S. median. Renters pay a median of $1,042 per month, which is 19.1% of household income. Homeowners with a mortgage pay $1,089 a month in housing costs.
Borden median household income
The median household income in Borden is $72,708 and the income per person is $32,771. 7.4% of residents live below the poverty line (Indiana: 12.3%).
Housing in Borden: homes for sale and rent
- Housing units
- 404
- Owner-occupied
- 83.1%
- Renter-occupied
- 16.9%
- Vacant
- 10.9%Includes seasonal homes
- Median year built
- 1991
- Average household size
- 2.74
Borden demographics
- Population
- 987
- Median age
- 34.1
- Under 18
- 34.2%
- 65 and older
- 9.6%
- Households
- 360
- Foreign-born
- 1.7%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Borden ›
Education in Borden
21.7% of adults 25 and older in Borden have a bachelor's degree or higher (Indiana: 29.5%), and 7.9% have a graduate or professional degree.
Jobs and commute in Borden
- Unemployment rate
- 0.2%State: 4.3%
- Average commute
- 29 minState: 24 min
- Work from home
- 4.6%
- Drive alone
- 87.6%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 88.9%
Borden vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Borden | 987 | $72,708 | $174,500 | $1,042 |
| New Pekin | 1,372 | $50,625 | $135,800 | $836 |
| Greenville | 1,575 | $134,934 | $318,900 | $1,176 |
| Galena | 1,549 | $127,738 | $281,200 | — |
| Palmyra | 1,215 | $60,862 | $163,800 | $772 |
| Memphis | 784 | $137,560 | $235,900 | — |
| Floyds Knobs | 4,515 | $126,341 | $372,500 | $1,169 |
| Sellersburg | 10,137 | $72,179 | $231,500 | $1,151 |
| Henryville | 1,691 | $71,667 | $204,000 | $810 |
More for people moving to Borden
Borden ZIP code ›Weather and climate ›Living in Borden: FAQ
What is the median household income in Borden, IN?
The median household income in Borden is $72,708, 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 Borden?
The median home value in Borden is $174,500, compared with $218,200 in Indiana.
How much is rent in Borden?
The median gross rent in Borden is $1,042 per month, about 19.1% of household income.
Is Borden, IN a good place to live?
Pluses: median household income about the same as the Indiana median; home values 20% lower than the state median; unemployment of 0.2%; a poverty rate of 7.4%. Minuses: an average commute of 29 minutes.
What is the median age in Borden?
The median age in Borden is 34.1 years (Indiana: 38.1).
How long is the commute in Borden?
The average commute to work in Borden is 29 minutes; 4.6% of workers work from home.
What is the unemployment rate in Borden?
The unemployment rate in Borden is 0.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Borden?
21.7% of adults in Borden 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.
Last updated: