Living in Evansville, Indiana

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

Evansville has 116,116 residents with a median age of 38.2. The median household income is $53,387 (26% lower than the Indiana median), the median home value is $143,100, the median rent is $975/month.

Evansville at a glance

Population
116,116
Median age
38.2State: 38.1
Median household income
$53,387State: $71,957
Median home value
$143,100State: $218,200
Median rent
$975/moState: $1,062
Homeowners
54.6%
Bachelor's degree or higher
22.8%
Average commute
18 min

Is Evansville a good place to live?

Pros: Home values 34% lower than the state median; an average commute of 18 minutes.

Cons: Median household income 26% lower than the Indiana median; unemployment of 5.1%; a poverty rate of 18.4%.

The weather is best in May and August to October.

Cost of living in Evansville

Housing is the biggest part of the cost of living. In Evansville the median home value is $143,100, 57% lower than the U.S. median. Renters pay a median of $975 per month, which is 29.1% of household income. Homeowners with a mortgage pay $1,150 a month in housing costs.

Median home value

Evansville$143,100
Indiana$218,200
United States$332,700

Median monthly rent

Evansville$975
Indiana$1,062
United States$1,413

Evansville median household income

The median household income in Evansville is $53,387 and the income per person is $32,690. 18.4% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Evansville$53,387
Indiana$71,957
United States$80,734

Housing in Evansville: homes for sale and rent

Housing units
59,180
Owner-occupied
54.6%
Renter-occupied
45.4%
Vacant
10.3%Includes seasonal homes
Median year built
1961
Average household size
2.12

Evansville demographics

Population
116,116
Median age
38.2
Under 18
21.3%
65 and older
17.6%
Households
53,095
Foreign-born
4.1%
Veterans
6.5%Adults 18+

Race and ethnicity

White76.8%
Hispanic or Latino4%
Black11.8%
Asian1%

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

Education in Evansville

22.8% of adults 25 and older in Evansville have a bachelor's degree or higher (Indiana: 29.5%), and 7.3% have a graduate or professional degree.

Bachelor's degree or higher

Evansville22.8%
Indiana29.5%
United States35.7%

Jobs and commute in Evansville

Unemployment rate
5.1%State: 4.3%
Average commute
18 minState: 24 min
Work from home
5.7%
Drive alone
78.7%
Public transit
1%
Walk to work
3.1%
Homes with broadband
89.5%

Evansville vs nearby towns

TownPopulationMedian incomeHome valueRent
Evansville116,116$53,387$143,100$975
Melody Hill3,243$93,906$201,600$1,091
Highland5,114$98,002$240,400$1,695
Darmstadt1,508$107,188$330,100—
Newburgh3,395$75,135$237,600$942
Chandler3,978$74,725$131,100$990
Parkers Settlement605$91,563$238,200—
Henderson27,852$48,186$160,100$771
Spottsville194$59,866$95,500—

More for people moving to Evansville

Evansville ZIP code ›Weather and climate ›

Living in Evansville: FAQ

What is the median household income in Evansville, IN?

The median household income in Evansville is $53,387, 26% 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 Evansville?

The median home value in Evansville is $143,100, compared with $218,200 in Indiana.

How much is rent in Evansville?

The median gross rent in Evansville is $975 per month, about 29.1% of household income.

Is Evansville, IN a good place to live?

Pluses: home values 34% lower than the state median; an average commute of 18 minutes. Minuses: median household income 26% lower than the Indiana median; unemployment of 5.1%; a poverty rate of 18.4%.

What is the median age in Evansville?

The median age in Evansville is 38.2 years (Indiana: 38.1).

How long is the commute in Evansville?

The average commute to work in Evansville is 18 minutes; 5.7% of workers work from home.

What is the unemployment rate in Evansville?

The unemployment rate in Evansville is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Evansville?

22.8% of adults in Evansville 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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