Living in Knightstown, Indiana
Cost of living, income, home prices, rent and demographics of Knightstown · Census data 2020–2024
Knightstown has 2,241 residents with a median age of 36.9. The median household income is $49,792 (31% lower than the Indiana median), the median home value is $130,000, the median rent is $930/month.
Knightstown at a glance
- Population
- 2,241
- Median age
- 36.9State: 38.1
- Median household income
- $49,792State: $71,957
- Median home value
- $130,000State: $218,200
- Median rent
- $930/moState: $1,062
- Homeowners
- 66.5%
- Bachelor's degree or higher
- 16.5%
- Average commute
- 28 min
Is Knightstown a good place to live?
Pros: Home values 40% lower than the state median; unemployment of 4.3%.
Cons: Median household income 31% lower than the Indiana median; an average commute of 28 minutes; a poverty rate of 22%.
The weather is best in June to September.
Cost of living in Knightstown
Housing is the biggest part of the cost of living. In Knightstown the median home value is $130,000, 61% lower than the U.S. median. Renters pay a median of $930 per month, which is 37.3% of household income. Homeowners with a mortgage pay $1,088 a month in housing costs.
Knightstown median household income
The median household income in Knightstown is $49,792 and the income per person is $29,380. 22% of residents live below the poverty line (Indiana: 12.3%).
Housing in Knightstown: homes for sale and rent
- Housing units
- 1,038
- Owner-occupied
- 66.5%
- Renter-occupied
- 33.5%
- Vacant
- 10.4%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.41
Knightstown demographics
- Population
- 2,241
- Median age
- 36.9
- Under 18
- 27.8%
- 65 and older
- 15.4%
- Households
- 930
- Foreign-born
- 0.5%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Knightstown ›
Education in Knightstown
16.5% of adults 25 and older in Knightstown have a bachelor's degree or higher (Indiana: 29.5%), and 3.9% have a graduate or professional degree.
Jobs and commute in Knightstown
- Unemployment rate
- 4.3%State: 4.3%
- Average commute
- 28 minState: 24 min
- Work from home
- 5.1%
- Drive alone
- 85.5%
- Public transit
- 0%
- Walk to work
- 3.3%
- Homes with broadband
- 87%
Knightstown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Knightstown | 2,241 | $49,792 | $130,000 | $930 |
| Charlottesville | 398 | $91,912 | $212,000 | — |
| Carthage | 675 | $51,731 | $89,800 | $848 |
| Dunreith | 204 | $57,250 | $104,200 | $1,250 |
| Spiceland | 840 | $65,875 | $118,300 | $789 |
| Mays | 103 | $43,889 | — | — |
| Shirley | 1,022 | $67,083 | $113,100 | $615 |
| Wilkinson | 385 | $81,250 | $133,700 | $917 |
| Kennard | 415 | $58,125 | $110,700 | $1,089 |
More for people moving to Knightstown
Knightstown ZIP code ›Weather and climate ›Living in Knightstown: FAQ
What is the median household income in Knightstown, IN?
The median household income in Knightstown is $49,792, 31% 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 Knightstown?
The median home value in Knightstown is $130,000, compared with $218,200 in Indiana.
How much is rent in Knightstown?
The median gross rent in Knightstown is $930 per month, about 37.3% of household income.
Is Knightstown, IN a good place to live?
Pluses: home values 40% lower than the state median; unemployment of 4.3%. Minuses: median household income 31% lower than the Indiana median; an average commute of 28 minutes; a poverty rate of 22%.
What is the median age in Knightstown?
The median age in Knightstown is 36.9 years (Indiana: 38.1).
How long is the commute in Knightstown?
The average commute to work in Knightstown is 28 minutes; 5.1% of workers work from home.
What is the unemployment rate in Knightstown?
The unemployment rate in Knightstown is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Knightstown?
16.5% of adults in Knightstown 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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