Living in Cowan, Indiana

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

Cowan has 89 residents with a median age of 37.3. The median household income is $107,031 (49% higher than the Indiana median), the median home value is $154,700.

Cowan is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Cowan at a glance

Population
89
Median age
37.3State: 38.1
Median household income
$107,031State: $71,957
Median home value
$154,700State: $218,200
Homeowners
100%
Bachelor's degree or higher
24.2%
Average commute
49 min

Is Cowan a good place to live?

Pros: Median household income 49% higher than the Indiana median; home values 29% lower than the state median.

Cons: An average commute of 49 minutes.

The weather is best in May and July to September.

Cost of living in Cowan

Housing is the biggest part of the cost of living. In Cowan the median home value is $154,700, 54% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $863 a month in housing costs.

Median home value

Cowan$154,700
Indiana$218,200
United States$332,700

Median monthly rent

Indiana$1,062
United States$1,413

Cowan median household income

The median household income in Cowan is $107,031 and the income per person is $36,103. 0% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Cowan$107,031
Indiana$71,957
United States$80,734

Housing in Cowan: homes for sale and rent

Housing units
39
Owner-occupied
100%
Renter-occupied
0%
Vacant
0%Includes seasonal homes
Median year built
1971
Average household size
2.28

Cowan demographics

Population
89
Median age
37.3
Under 18
25.8%
65 and older
14.6%
Households
39
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Cowan

24.2% of adults 25 and older in Cowan have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Cowan24.2%
Indiana29.5%
United States35.7%

Jobs and commute in Cowan

Unemployment rate
0%State: 4.3%
Average commute
49 minState: 24 min
Work from home
0%
Drive alone
69.8%
Public transit
0%
Walk to work
0%
Homes with broadband
100%

Cowan vs nearby towns

TownPopulationMedian incomeHome valueRent
Cowan89$107,031$154,700—
Springport154$46,528$85,900—
Muncie64,751$44,471$97,300$904
Sulphur Springs454$51,250$139,300$993
Yorktown11,699$81,674$186,700$926
Selma837$58,214$106,400$910
Blountsville170$52,375$70,600—
Middletown2,235$56,008$96,200$867
Daleville1,584$50,795$117,300$779

More for people moving to Cowan

Cowan ZIP code ›Weather and climate ›

Living in Cowan: FAQ

What is the median household income in Cowan, IN?

The median household income in Cowan is $107,031, 49% 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 Cowan?

The median home value in Cowan is $154,700, compared with $218,200 in Indiana.

Is Cowan, IN a good place to live?

Pluses: median household income 49% higher than the Indiana median; home values 29% lower than the state median. Minuses: an average commute of 49 minutes.

What is the median age in Cowan?

The median age in Cowan is 37.3 years (Indiana: 38.1).

How long is the commute in Cowan?

The average commute to work in Cowan is 49 minutes; 0% of workers work from home.

What is the unemployment rate in Cowan?

The unemployment rate in Cowan is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Cowan?

24.2% of adults in Cowan 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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