Living in Cloverdale, Indiana

Cost of living, income, home prices, rent and demographics of Cloverdale · Census data 2020–2024

Cloverdale has 2,195 residents with a median age of 52.5. The median household income is $42,243 (41% lower than the Indiana median), the median home value is $136,500, the median rent is $743/month.

Cloverdale at a glance

Population
2,195
Median age
52.5State: 38.1
Median household income
$42,243State: $71,957
Median home value
$136,500State: $218,200
Median rent
$743/moState: $1,062
Homeowners
61.1%
Bachelor's degree or higher
14.9%
Average commute
23 min

Is Cloverdale a good place to live?

Pros: Home values 37% lower than the state median; an average commute of 23 minutes.

Cons: Median household income 41% lower than the Indiana median; unemployment of 5.2%; a poverty rate of 14.9%.

The weather is best in June to September.

Cost of living in Cloverdale

Housing is the biggest part of the cost of living. In Cloverdale the median home value is $136,500, 59% lower than the U.S. median. Renters pay a median of $743 per month, which is 33.6% of household income. Homeowners with a mortgage pay $1,154 a month in housing costs.

Median home value

Cloverdale$136,500
Indiana$218,200
United States$332,700

Median monthly rent

Cloverdale$743
Indiana$1,062
United States$1,413

Cloverdale median household income

The median household income in Cloverdale is $42,243 and the income per person is $27,659. 14.9% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Cloverdale$42,243
Indiana$71,957
United States$80,734

Housing in Cloverdale: homes for sale and rent

Housing units
1,151
Owner-occupied
61.1%
Renter-occupied
38.9%
Vacant
6.8%Includes seasonal homes
Median year built
1983
Average household size
2.00

Cloverdale demographics

Population
2,195
Median age
52.5
Under 18
13.3%
65 and older
23.4%
Households
1,073
Foreign-born
2.4%
Veterans
8.1%Adults 18+

Race and ethnicity

White91%
Hispanic or Latino0.2%
Black5.8%
Asian1.1%

Hispanic or Latino can be of any race. Population history of Cloverdale ›

Education in Cloverdale

14.9% of adults 25 and older in Cloverdale have a bachelor's degree or higher (Indiana: 29.5%), and 4.2% have a graduate or professional degree.

Bachelor's degree or higher

Cloverdale14.9%
Indiana29.5%
United States35.7%

Jobs and commute in Cloverdale

Unemployment rate
5.2%State: 4.3%
Average commute
23 minState: 24 min
Work from home
3.3%
Drive alone
69.8%
Public transit
0%
Walk to work
12.2%
Homes with broadband
78.1%

Cloverdale vs nearby towns

TownPopulationMedian incomeHome valueRent
Cloverdale2,195$42,243$136,500$743
Putnamville1,959$150,625——
Greencastle9,864$55,565$169,200$908
Fillmore895$85,543$110,000$1,125
Stilesville296$74,821$193,300—
Coatesville566$77,625$180,400$1,227
Gosport1,303$59,886$108,300$898
Harmony645$54,615$116,700$1,096
Amo417$91,250$168,100$1,000

More for people moving to Cloverdale

Cloverdale ZIP code ›Weather and climate ›

Living in Cloverdale: FAQ

What is the median household income in Cloverdale, IN?

The median household income in Cloverdale is $42,243, 41% 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 Cloverdale?

The median home value in Cloverdale is $136,500, compared with $218,200 in Indiana.

How much is rent in Cloverdale?

The median gross rent in Cloverdale is $743 per month, about 33.6% of household income.

Is Cloverdale, IN a good place to live?

Pluses: home values 37% lower than the state median; an average commute of 23 minutes. Minuses: median household income 41% lower than the Indiana median; unemployment of 5.2%; a poverty rate of 14.9%.

What is the median age in Cloverdale?

The median age in Cloverdale is 52.5 years (Indiana: 38.1).

How long is the commute in Cloverdale?

The average commute to work in Cloverdale is 23 minutes; 3.3% of workers work from home.

What is the unemployment rate in Cloverdale?

The unemployment rate in Cloverdale is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cloverdale?

14.9% of adults in Cloverdale 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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