Living in Galena, Indiana
Cost of living, income, home prices, rent and demographics of Galena · Census data 2020–2024
Galena has 1,549 residents with a median age of 46.3. The median household income is $127,738 (78% higher than the Indiana median), the median home value is $281,200.
Galena at a glance
- Population
- 1,549
- Median age
- 46.3State: 38.1
- Median household income
- $127,738State: $71,957
- Median home value
- $281,200State: $218,200
- Homeowners
- 98.9%
- Bachelor's degree or higher
- 32.3%
- Average commute
- 28 min
Is Galena a good place to live?
Pros: Median household income 78% higher than the Indiana median; a poverty rate of 1.8%.
Cons: Home values 29% higher than the state median; an average commute of 28 minutes; unemployment of 4.8%.
The weather is best in May and August to October.
Cost of living in Galena
Housing is the biggest part of the cost of living. In Galena the median home value is $281,200, 15% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,590 a month in housing costs.
Galena median household income
The median household income in Galena is $127,738 and the income per person is $49,017. 1.8% of residents live below the poverty line (Indiana: 12.3%).
Housing in Galena: homes for sale and rent
- Housing units
- 596
- Owner-occupied
- 98.9%
- Renter-occupied
- 1.1%
- Vacant
- 9.4%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.87
Galena demographics
- Population
- 1,549
- Median age
- 46.3
- Under 18
- 24.9%
- 65 and older
- 13.2%
- Households
- 540
- Foreign-born
- 1.2%
- Veterans
- 4.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Galena ›
Education in Galena
32.3% of adults 25 and older in Galena have a bachelor's degree or higher (Indiana: 29.5%), and 7.4% have a graduate or professional degree.
Jobs and commute in Galena
- Unemployment rate
- 4.8%State: 4.3%
- Average commute
- 28 minState: 24 min
- Work from home
- 18.6%
- Drive alone
- 76.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.2%
Galena vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Galena | 1,549 | $127,738 | $281,200 | — |
| Greenville | 1,575 | $134,934 | $318,900 | $1,176 |
| Floyds Knobs | 4,515 | $126,341 | $372,500 | $1,169 |
| Georgetown | 3,800 | $113,265 | $302,300 | $980 |
| New Albany | 37,581 | $54,710 | $180,500 | $1,026 |
| Borden | 987 | $72,708 | $174,500 | $1,042 |
| Crandall | 233 | $55,313 | $168,800 | $846 |
| Lanesville | 944 | $84,345 | $220,600 | $975 |
| New Salisbury | 499 | $52,768 | $179,200 | — |
More for people moving to Galena
Galena ZIP code ›Weather and climate ›Living in Galena: FAQ
What is the median household income in Galena, IN?
The median household income in Galena is $127,738, 78% 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 Galena?
The median home value in Galena is $281,200, compared with $218,200 in Indiana.
Is Galena, IN a good place to live?
Pluses: median household income 78% higher than the Indiana median; a poverty rate of 1.8%. Minuses: home values 29% higher than the state median; an average commute of 28 minutes; unemployment of 4.8%.
What is the median age in Galena?
The median age in Galena is 46.3 years (Indiana: 38.1).
How long is the commute in Galena?
The average commute to work in Galena is 28 minutes; 18.6% of workers work from home.
What is the unemployment rate in Galena?
The unemployment rate in Galena is 4.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Galena?
32.3% of adults in Galena 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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