Living in Freetown, Indiana

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

Freetown has 277 residents with a median age of 40.7. The median home value is $168,300.

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

Freetown at a glance

Population
277
Median age
40.7State: 38.1
Median home value
$168,300State: $218,200
Homeowners
89.6%
Bachelor's degree or higher
0%

Is Freetown a good place to live?

Pros: Home values 23% lower than the state median.

Cons: Unemployment of 7.8%; a poverty rate of 14.1%.

The weather is best in May–June and August–September.

Cost of living in Freetown

Housing is the biggest part of the cost of living. In Freetown the median home value is $168,300, 49% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,216 a month in housing costs.

Median home value

Freetown$168,300
Indiana$218,200
United States$332,700

Median monthly rent

Indiana$1,062
United States$1,413

Housing in Freetown: homes for sale and rent

Housing units
125
Owner-occupied
89.6%
Renter-occupied
10.4%
Vacant
0%Includes seasonal homes
Median year built
1966
Average household size
2.22

Freetown demographics

Population
277
Median age
40.7
Under 18
12.3%
65 and older
16.2%
Households
125
Foreign-born
0%
Veterans
0%Adults 18+

Race and ethnicity

White97.5%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Freetown

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

Bachelor's degree or higher

Freetown0%
Indiana29.5%
United States35.7%

Jobs and commute in Freetown

Unemployment rate
7.8%State: 4.3%
Average commute
—State: 24 min
Work from home
0%
Drive alone
76.6%
Public transit
0%
Walk to work
0%
Homes with broadband
84%

Freetown vs nearby towns

TownPopulationMedian incomeHome valueRent
Freetown277—$168,300—
Brownstown3,040$62,756$146,600$658
Vallonia411$82,902$148,000—
Medora817$69,231$82,300$1,018
Grandview Lake199$250,001$861,100—
Seymour22,371$64,426$162,800$1,011
Rockford761$115,917$250,400—
Jonesville129$55,179$123,400—
Harrison Lake144$140,000$450,000—

More for people moving to Freetown

Freetown ZIP code ›Weather and climate ›

Living in Freetown: FAQ

What is the average home price in Freetown?

The median home value in Freetown is $168,300, compared with $218,200 in Indiana.

Is Freetown, IN a good place to live?

Pluses: home values 23% lower than the state median. Minuses: unemployment of 7.8%; a poverty rate of 14.1%.

What is the median age in Freetown?

The median age in Freetown is 40.7 years (Indiana: 38.1).

What is the unemployment rate in Freetown?

The unemployment rate in Freetown is 7.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Freetown?

0% of adults in Freetown 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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