Living in Greencastle, Indiana
Cost of living, income, home prices, rent and demographics of Greencastle · Census data 2020–2024
Greencastle has 9,864 residents with a median age of 27.5. The median household income is $55,565 (23% lower than the Indiana median), the median home value is $169,200, the median rent is $908/month.
Greencastle at a glance
- Population
- 9,864
- Median age
- 27.5State: 38.1
- Median household income
- $55,565State: $71,957
- Median home value
- $169,200State: $218,200
- Median rent
- $908/moState: $1,062
- Homeowners
- 42.4%
- Bachelor's degree or higher
- 22.5%
- Average commute
- 20 min
Is Greencastle a good place to live?
Pros: Home values 22% lower than the state median; an average commute of 20 minutes; unemployment of 3%; a poverty rate of 12.2%.
Cons: Median household income 23% lower than the Indiana median.
The weather is best in June to September.
Cost of living in Greencastle
Housing is the biggest part of the cost of living. In Greencastle the median home value is $169,200, 49% lower than the U.S. median. Renters pay a median of $908 per month, which is 28.1% of household income. Homeowners with a mortgage pay $1,302 a month in housing costs.
Greencastle median household income
The median household income in Greencastle is $55,565 and the income per person is $26,792. 12.2% of residents live below the poverty line (Indiana: 12.3%).
Housing in Greencastle: homes for sale and rent
- Housing units
- 3,748
- Owner-occupied
- 42.4%
- Renter-occupied
- 57.6%
- Vacant
- 8.1%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.14
Greencastle demographics
- Population
- 9,864
- Median age
- 27.5
- Under 18
- 17.1%
- 65 and older
- 14.8%
- Households
- 3,443
- Foreign-born
- 5%
- Veterans
- 7.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Greencastle ›
Education in Greencastle
22.5% of adults 25 and older in Greencastle have a bachelor's degree or higher (Indiana: 29.5%), and 11% have a graduate or professional degree.
Jobs and commute in Greencastle
- Unemployment rate
- 3%State: 4.3%
- Average commute
- 20 minState: 24 min
- Work from home
- 11.8%
- Drive alone
- 66.6%
- Public transit
- 0%
- Walk to work
- 16.4%
- Homes with broadband
- 82.3%
Greencastle vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Greencastle | 9,864 | $55,565 | $169,200 | $908 |
| Putnamville | 1,959 | $150,625 | — | — |
| Fillmore | 895 | $85,543 | $110,000 | $1,125 |
| Van Bibber Lake | 658 | $37,315 | $65,500 | $813 |
| Bainbridge | 605 | $59,712 | $180,500 | $965 |
| Cloverdale | 2,195 | $42,243 | $136,500 | $743 |
| Heritage Lake | 3,227 | $87,568 | $262,900 | — |
| Coatesville | 566 | $77,625 | $180,400 | $1,227 |
| Groveland | 209 | $88,255 | $255,700 | — |
More for people moving to Greencastle
Greencastle ZIP code ›Weather and climate ›Living in Greencastle: FAQ
What is the median household income in Greencastle, IN?
The median household income in Greencastle is $55,565, 23% 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 Greencastle?
The median home value in Greencastle is $169,200, compared with $218,200 in Indiana.
How much is rent in Greencastle?
The median gross rent in Greencastle is $908 per month, about 28.1% of household income.
Is Greencastle, IN a good place to live?
Pluses: home values 22% lower than the state median; an average commute of 20 minutes; unemployment of 3%; a poverty rate of 12.2%. Minuses: median household income 23% lower than the Indiana median.
What is the median age in Greencastle?
The median age in Greencastle is 27.5 years (Indiana: 38.1).
How long is the commute in Greencastle?
The average commute to work in Greencastle is 20 minutes; 11.8% of workers work from home.
What is the unemployment rate in Greencastle?
The unemployment rate in Greencastle is 3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Greencastle?
22.5% of adults in Greencastle 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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