Living in Charlestown, Indiana
Cost of living, income, home prices, rent and demographics of Charlestown · Census data 2020–2024
Charlestown has 8,294 residents with a median age of 32.9. The median household income is $77,288 (7% higher than the Indiana median), the median home value is $208,300, the median rent is $1,033/month.
Charlestown at a glance
- Population
- 8,294
- Median age
- 32.9State: 38.1
- Median household income
- $77,288State: $71,957
- Median home value
- $208,300State: $218,200
- Median rent
- $1,033/moState: $1,062
- Homeowners
- 77.4%
- Bachelor's degree or higher
- 25.7%
- Average commute
- 24 min
Is Charlestown a good place to live?
Pros: Median household income 7% higher than the Indiana median; home values 5% lower than the state median; an average commute of 24 minutes; unemployment of 4%.
Cons: A poverty rate of 12.5%.
The weather is best in May and August to October.
Cost of living in Charlestown
Housing is the biggest part of the cost of living. In Charlestown the median home value is $208,300, 37% lower than the U.S. median. Renters pay a median of $1,033 per month, which is 28.2% of household income. Homeowners with a mortgage pay $1,330 a month in housing costs.
Charlestown median household income
The median household income in Charlestown is $77,288 and the income per person is $31,428. 12.5% of residents live below the poverty line (Indiana: 12.3%).
Housing in Charlestown: homes for sale and rent
- Housing units
- 3,207
- Owner-occupied
- 77.4%
- Renter-occupied
- 22.6%
- Vacant
- 6.6%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.76
Charlestown demographics
- Population
- 8,294
- Median age
- 32.9
- Under 18
- 29.1%
- 65 and older
- 11.1%
- Households
- 2,995
- Foreign-born
- 4.1%
- Veterans
- 4.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Charlestown ›
Education in Charlestown
25.7% of adults 25 and older in Charlestown have a bachelor's degree or higher (Indiana: 29.5%), and 4.7% have a graduate or professional degree.
Jobs and commute in Charlestown
- Unemployment rate
- 4%State: 4.3%
- Average commute
- 24 minState: 24 min
- Work from home
- 6.2%
- Drive alone
- 83.7%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 89.5%
Charlestown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Charlestown | 8,294 | $77,288 | $208,300 | $1,033 |
| Goshen | 989 | $88,188 | $307,200 | $2,288 |
| River Bluff | 445 | $148,750 | $429,900 | — |
| Sellersburg | 10,137 | $72,179 | $231,500 | $1,151 |
| Utica | 1,028 | $84,886 | $241,300 | $1,375 |
| Prospect | 4,542 | $163,462 | $538,400 | $1,193 |
| Jeffersonville | 51,043 | $70,930 | $216,800 | $1,148 |
| Memphis | 784 | $137,560 | $235,900 | — |
| Otisco | 109 | $36,563 | — | — |
More for people moving to Charlestown
Charlestown ZIP code ›Weather and climate ›Living in Charlestown: FAQ
What is the median household income in Charlestown, IN?
The median household income in Charlestown is $77,288, 7% higher 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 Charlestown?
The median home value in Charlestown is $208,300, compared with $218,200 in Indiana.
How much is rent in Charlestown?
The median gross rent in Charlestown is $1,033 per month, about 28.2% of household income.
Is Charlestown, IN a good place to live?
Pluses: median household income 7% higher than the Indiana median; home values 5% lower than the state median; an average commute of 24 minutes; unemployment of 4%. Minuses: a poverty rate of 12.5%.
What is the median age in Charlestown?
The median age in Charlestown is 32.9 years (Indiana: 38.1).
How long is the commute in Charlestown?
The average commute to work in Charlestown is 24 minutes; 6.2% of workers work from home.
What is the unemployment rate in Charlestown?
The unemployment rate in Charlestown is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Charlestown?
25.7% of adults in Charlestown 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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