Living in Cromwell, Indiana
Cost of living, income, home prices, rent and demographics of Cromwell · Census data 2020–2024
Cromwell has 631 residents with a median age of 29.4. The median household income is $48,698 (32% lower than the Indiana median), the median home value is $123,100, the median rent is $938/month.
Cromwell is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Cromwell at a glance
- Population
- 631
- Median age
- 29.4State: 38.1
- Median household income
- $48,698State: $71,957
- Median home value
- $123,100State: $218,200
- Median rent
- $938/moState: $1,062
- Homeowners
- 43.5%
- Bachelor's degree or higher
- 17%
- Average commute
- 24 min
Is Cromwell a good place to live?
Pros: Home values 44% lower than the state median; an average commute of 24 minutes.
Cons: Median household income 32% lower than the Indiana median; unemployment of 16.8%; a poverty rate of 27.9%.
The weather is best in June to September.
Cost of living in Cromwell
Housing is the biggest part of the cost of living. In Cromwell the median home value is $123,100, 63% lower than the U.S. median. Renters pay a median of $938 per month, which is 32.5% of household income. Homeowners with a mortgage pay $1,156 a month in housing costs.
Cromwell median household income
The median household income in Cromwell is $48,698 and the income per person is $22,642. 27.9% of residents live below the poverty line (Indiana: 12.3%).
Housing in Cromwell: homes for sale and rent
- Housing units
- 284
- Owner-occupied
- 43.5%
- Renter-occupied
- 56.5%
- Vacant
- 10.9%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.49
Cromwell demographics
- Population
- 631
- Median age
- 29.4
- Under 18
- 31.1%
- 65 and older
- 7.8%
- Households
- 253
- Foreign-born
- 16.8%
- Veterans
- 6.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Cromwell ›
Education in Cromwell
17% of adults 25 and older in Cromwell have a bachelor's degree or higher (Indiana: 29.5%), and 3.2% have a graduate or professional degree.
Jobs and commute in Cromwell
- Unemployment rate
- 16.8%State: 4.3%
- Average commute
- 24 minState: 24 min
- Work from home
- 5.3%
- Drive alone
- 73.7%
- Public transit
- 0%
- Walk to work
- 10.5%
- Homes with broadband
- 91.7%
Cromwell vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cromwell | 631 | $48,698 | $123,100 | $938 |
| Enchanted Hills | 1,039 | $64,625 | $197,000 | $1,131 |
| Kimmell | 604 | $77,857 | $114,800 | — |
| Ligonier | 4,347 | $59,359 | $110,000 | $852 |
| North Webster | 866 | $55,278 | $204,500 | $995 |
| Syracuse | 3,233 | $71,833 | $199,400 | $1,115 |
| Bear Lake | 144 | $29,135 | $106,900 | — |
| Barbee | 1,464 | $95,375 | $244,500 | $1,326 |
| Millersburg | 1,077 | $65,833 | $186,400 | $1,082 |
More for people moving to Cromwell
Cromwell ZIP code ›Weather and climate ›Living in Cromwell: FAQ
What is the median household income in Cromwell, IN?
The median household income in Cromwell is $48,698, 32% 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 Cromwell?
The median home value in Cromwell is $123,100, compared with $218,200 in Indiana.
How much is rent in Cromwell?
The median gross rent in Cromwell is $938 per month, about 32.5% of household income.
Is Cromwell, IN a good place to live?
Pluses: home values 44% lower than the state median; an average commute of 24 minutes. Minuses: median household income 32% lower than the Indiana median; unemployment of 16.8%; a poverty rate of 27.9%.
What is the median age in Cromwell?
The median age in Cromwell is 29.4 years (Indiana: 38.1).
How long is the commute in Cromwell?
The average commute to work in Cromwell is 24 minutes; 5.3% of workers work from home.
What is the unemployment rate in Cromwell?
The unemployment rate in Cromwell is 16.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cromwell?
17% of adults in Cromwell 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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