Living in Francesville, Indiana
Cost of living, income, home prices, rent and demographics of Francesville · Census data 2020–2024
Francesville has 946 residents with a median age of 43.2. The median household income is $65,000 (10% lower than the Indiana median), the median home value is $131,900, the median rent is $961/month.
Francesville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Francesville at a glance
- Population
- 946
- Median age
- 43.2State: 38.1
- Median household income
- $65,000State: $71,957
- Median home value
- $131,900State: $218,200
- Median rent
- $961/moState: $1,062
- Homeowners
- 81.3%
- Bachelor's degree or higher
- 17.1%
- Average commute
- 29 min
Is Francesville a good place to live?
Pros: Home values 40% lower than the state median; unemployment of 3.9%.
Cons: Median household income 10% lower than the Indiana median; an average commute of 29 minutes; a poverty rate of 20%.
The weather is best in June to September.
Cost of living in Francesville
Housing is the biggest part of the cost of living. In Francesville the median home value is $131,900, 60% lower than the U.S. median. Renters pay a median of $961 per month, which is 20.4% of household income. Homeowners with a mortgage pay $1,037 a month in housing costs.
Francesville median household income
The median household income in Francesville is $65,000 and the income per person is $30,191. 20% of residents live below the poverty line (Indiana: 12.3%).
Housing in Francesville: homes for sale and rent
- Housing units
- 400
- Owner-occupied
- 81.3%
- Renter-occupied
- 18.8%
- Vacant
- 8%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.57
Francesville demographics
- Population
- 946
- Median age
- 43.2
- Under 18
- 22.4%
- 65 and older
- 17.1%
- Households
- 368
- Foreign-born
- 1.5%
- Veterans
- 4.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Francesville ›
Education in Francesville
17.1% of adults 25 and older in Francesville have a bachelor's degree or higher (Indiana: 29.5%), and 8.8% have a graduate or professional degree.
Jobs and commute in Francesville
- Unemployment rate
- 3.9%State: 4.3%
- Average commute
- 29 minState: 24 min
- Work from home
- 1.7%
- Drive alone
- 80.2%
- Public transit
- 0.5%
- Walk to work
- 1.7%
- Homes with broadband
- 96.7%
Francesville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Francesville | 946 | $65,000 | $131,900 | $961 |
| Medaryville | 729 | $80,375 | $78,500 | $879 |
| Monon | 2,091 | $49,286 | $96,000 | $912 |
| Buffalo | 947 | $89,934 | $125,000 | — |
| Rensselaer | 5,573 | $60,331 | $153,800 | $936 |
| Winamac | 2,473 | $47,083 | $147,600 | $742 |
| Norway | 282 | $39,286 | $106,000 | — |
| Reynolds | 718 | $58,750 | $123,900 | $1,300 |
| Wheatfield | 792 | $73,375 | $196,700 | $788 |
More for people moving to Francesville
Francesville ZIP code ›Weather and climate ›Living in Francesville: FAQ
What is the median household income in Francesville, IN?
The median household income in Francesville is $65,000, 10% 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 Francesville?
The median home value in Francesville is $131,900, compared with $218,200 in Indiana.
How much is rent in Francesville?
The median gross rent in Francesville is $961 per month, about 20.4% of household income.
Is Francesville, IN a good place to live?
Pluses: home values 40% lower than the state median; unemployment of 3.9%. Minuses: median household income 10% lower than the Indiana median; an average commute of 29 minutes; a poverty rate of 20%.
What is the median age in Francesville?
The median age in Francesville is 43.2 years (Indiana: 38.1).
How long is the commute in Francesville?
The average commute to work in Francesville is 29 minutes; 1.7% of workers work from home.
What is the unemployment rate in Francesville?
The unemployment rate in Francesville is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Francesville?
17.1% of adults in Francesville 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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