Living in Glenwood, Indiana

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

Glenwood has 429 residents with a median age of 47.1. The median household income is $55,000 (24% lower than the Indiana median), the median home value is $88,400, the median rent is $1,182/month.

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

Glenwood at a glance

Population
429
Median age
47.1State: 38.1
Median household income
$55,000State: $71,957
Median home value
$88,400State: $218,200
Median rent
$1,182/moState: $1,062
Homeowners
79.4%
Bachelor's degree or higher
5.6%
Average commute
24 min

Is Glenwood a good place to live?

Pros: Home values 59% lower than the state median; unemployment of 1.9%; a poverty rate of 10.7%.

Cons: Median household income 24% lower than the Indiana median; an average commute of 24 minutes.

The weather is best in June to September.

Cost of living in Glenwood

Housing is the biggest part of the cost of living. In Glenwood the median home value is $88,400, 73% lower than the U.S. median. Renters pay a median of $1,182 per month, which is 27.2% of household income. Homeowners with a mortgage pay $1,087 a month in housing costs.

Median home value

Glenwood$88,400
Indiana$218,200
United States$332,700

Median monthly rent

Glenwood$1,182
Indiana$1,062
United States$1,413

Glenwood median household income

The median household income in Glenwood is $55,000 and the income per person is $26,059. 10.7% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Glenwood$55,000
Indiana$71,957
United States$80,734

Housing in Glenwood: homes for sale and rent

Housing units
175
Owner-occupied
79.4%
Renter-occupied
20.6%
Vacant
8.6%Includes seasonal homes
Median year built
1947
Average household size
2.68

Glenwood demographics

Population
429
Median age
47.1
Under 18
23.3%
65 and older
23.8%
Households
160
Foreign-born
0%
Veterans
10.9%Adults 18+

Race and ethnicity

White99.8%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Glenwood

5.6% of adults 25 and older in Glenwood have a bachelor's degree or higher (Indiana: 29.5%), and 5% have a graduate or professional degree.

Bachelor's degree or higher

Glenwood5.6%
Indiana29.5%
United States35.7%

Jobs and commute in Glenwood

Unemployment rate
1.9%State: 4.3%
Average commute
24 minState: 24 min
Work from home
3%
Drive alone
80.2%
Public transit
0%
Walk to work
0%
Homes with broadband
86.3%

Glenwood vs nearby towns

TownPopulationMedian incomeHome valueRent
Glenwood429$55,000$88,400$1,182
Rushville6,036$53,434$127,300$911
Andersonville238$50,655——
Connersville13,109$48,854$106,300$787
Laurel444$27,692$72,900$956
Mays103$43,889——
Milroy522$83,164$132,100—
Straughn229$73,125$112,000$1,708
Lewisville282$50,208$114,300$875

More for people moving to Glenwood

Glenwood ZIP code ›Weather and climate ›

Living in Glenwood: FAQ

What is the median household income in Glenwood, IN?

The median household income in Glenwood is $55,000, 24% 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 Glenwood?

The median home value in Glenwood is $88,400, compared with $218,200 in Indiana.

How much is rent in Glenwood?

The median gross rent in Glenwood is $1,182 per month, about 27.2% of household income.

Is Glenwood, IN a good place to live?

Pluses: home values 59% lower than the state median; unemployment of 1.9%; a poverty rate of 10.7%. Minuses: median household income 24% lower than the Indiana median; an average commute of 24 minutes.

What is the median age in Glenwood?

The median age in Glenwood is 47.1 years (Indiana: 38.1).

How long is the commute in Glenwood?

The average commute to work in Glenwood is 24 minutes; 3% of workers work from home.

What is the unemployment rate in Glenwood?

The unemployment rate in Glenwood is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Glenwood?

5.6% of adults in Glenwood 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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