Living in Burket, Indiana
Cost of living, income, home prices, rent and demographics of Burket · Census data 2020–2024
Burket has 203 residents with a median age of 50.5. The median household income is $55,833 (22% lower than the Indiana median), the median home value is $109,400, the median rent is $950/month.
Burket is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Burket at a glance
- Population
- 203
- Median age
- 50.5State: 38.1
- Median household income
- $55,833State: $71,957
- Median home value
- $109,400State: $218,200
- Median rent
- $950/moState: $1,062
- Homeowners
- 90%
- Bachelor's degree or higher
- 0%
- Average commute
- 31 min
Is Burket a good place to live?
Pros: Home values 50% lower than the state median; a poverty rate of 6.4%.
Cons: Median household income 22% lower than the Indiana median; an average commute of 31 minutes.
The weather is best in June to September.
Cost of living in Burket
Housing is the biggest part of the cost of living. In Burket the median home value is $109,400, 67% lower than the U.S. median. Renters pay a median of $950 per month, which is 12% of household income. Homeowners with a mortgage pay $758 a month in housing costs.
Burket median household income
The median household income in Burket is $55,833 and the income per person is $35,728. 6.4% of residents live below the poverty line (Indiana: 12.3%).
Housing in Burket: homes for sale and rent
- Housing units
- 118
- Owner-occupied
- 90%
- Renter-occupied
- 10%
- Vacant
- 15.3%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.03
Burket demographics
- Population
- 203
- Median age
- 50.5
- Under 18
- 12.8%
- 65 and older
- 7.9%
- Households
- 100
- Foreign-born
- 1.5%
- Veterans
- 0.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Burket ›
Education in Burket
0% of adults 25 and older in Burket have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.
Jobs and commute in Burket
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 31 minState: 24 min
- Work from home
- 29.5%
- Drive alone
- 64.7%
- Public transit
- 0%
- Walk to work
- 5.8%
- Homes with broadband
- 86%
Burket vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Burket | 203 | $55,833 | $109,400 | $950 |
| Palestine | 1,085 | $91,653 | $158,200 | $1,083 |
| Mentone | 768 | $60,000 | $112,000 | $797 |
| Claypool | 318 | $60,417 | $110,800 | $1,098 |
| Silver Lake | 857 | $55,272 | $112,000 | $1,158 |
| Hoffman Lake | 382 | $84,276 | $201,200 | — |
| Tippecanoe | 378 | $52,935 | $102,200 | — |
| Akron | 954 | $58,636 | $136,300 | $929 |
| Warsaw | 16,768 | $61,035 | $181,200 | $1,066 |
More for people moving to Burket
Burket ZIP code ›Weather and climate ›Living in Burket: FAQ
What is the median household income in Burket, IN?
The median household income in Burket is $55,833, 22% 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 Burket?
The median home value in Burket is $109,400, compared with $218,200 in Indiana.
How much is rent in Burket?
The median gross rent in Burket is $950 per month, about 12% of household income.
Is Burket, IN a good place to live?
Pluses: home values 50% lower than the state median; a poverty rate of 6.4%. Minuses: median household income 22% lower than the Indiana median; an average commute of 31 minutes.
What is the median age in Burket?
The median age in Burket is 50.5 years (Indiana: 38.1).
How long is the commute in Burket?
The average commute to work in Burket is 31 minutes; 29.5% of workers work from home.
What is the unemployment rate in Burket?
The unemployment rate in Burket is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Burket?
0% of adults in Burket 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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