Living in Knox, Indiana
Cost of living, income, home prices, rent and demographics of Knox · Census data 2020–2024
Knox has 3,479 residents with a median age of 43.6. The median household income is $48,931 (32% lower than the Indiana median), the median home value is $140,300, the median rent is $540/month.
Knox at a glance
- Population
- 3,479
- Median age
- 43.6State: 38.1
- Median household income
- $48,931State: $71,957
- Median home value
- $140,300State: $218,200
- Median rent
- $540/moState: $1,062
- Homeowners
- 59.4%
- Bachelor's degree or higher
- 11.5%
- Average commute
- 32 min
Is Knox a good place to live?
Pros: Home values 36% lower than the state median; unemployment of 3.2%.
Cons: Median household income 32% lower than the Indiana median; an average commute of 32 minutes; a poverty rate of 28.7%.
The weather is best in June to September.
Cost of living in Knox
Housing is the biggest part of the cost of living. In Knox the median home value is $140,300, 58% lower than the U.S. median. Renters pay a median of $540 per month, which is 30% of household income. Homeowners with a mortgage pay $1,024 a month in housing costs.
Knox median household income
The median household income in Knox is $48,931 and the income per person is $24,962. 28.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in Knox: homes for sale and rent
- Housing units
- 1,637
- Owner-occupied
- 59.4%
- Renter-occupied
- 40.6%
- Vacant
- 10.3%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.32
Knox demographics
- Population
- 3,479
- Median age
- 43.6
- Under 18
- 24.7%
- 65 and older
- 19.5%
- Households
- 1,469
- Foreign-born
- 2.5%
- Veterans
- 8.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Knox ›
Education in Knox
11.5% of adults 25 and older in Knox have a bachelor's degree or higher (Indiana: 29.5%), and 3.3% have a graduate or professional degree.
Jobs and commute in Knox
- Unemployment rate
- 3.2%State: 4.3%
- Average commute
- 32 minState: 24 min
- Work from home
- 6.4%
- Drive alone
- 75.3%
- Public transit
- 1.2%
- Walk to work
- 3.4%
- Homes with broadband
- 73.8%
Knox vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Knox | 3,479 | $48,931 | $140,300 | $540 |
| Bass Lake | 983 | $73,086 | $324,600 | $1,278 |
| Hamlet | 1,039 | $73,542 | $112,300 | $895 |
| North Judson | 1,823 | $55,086 | $134,500 | $769 |
| Hartz Lake | 312 | $45,360 | — | — |
| Koontz Lake | 1,182 | $80,538 | $143,200 | $663 |
| Culver | 1,392 | $42,857 | $243,900 | $649 |
| Hanna | 529 | $39,097 | $155,100 | $863 |
| Monterey | 143 | $39,149 | $82,500 | $628 |
More for people moving to Knox
Knox ZIP code ›Weather and climate ›Living in Knox: FAQ
What is the median household income in Knox, IN?
The median household income in Knox is $48,931, 32% 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 Knox?
The median home value in Knox is $140,300, compared with $218,200 in Indiana.
How much is rent in Knox?
The median gross rent in Knox is $540 per month, about 30% of household income.
Is Knox, IN a good place to live?
Pluses: home values 36% lower than the state median; unemployment of 3.2%. Minuses: median household income 32% lower than the Indiana median; an average commute of 32 minutes; a poverty rate of 28.7%.
What is the median age in Knox?
The median age in Knox is 43.6 years (Indiana: 38.1).
How long is the commute in Knox?
The average commute to work in Knox is 32 minutes; 6.4% of workers work from home.
What is the unemployment rate in Knox?
The unemployment rate in Knox is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Knox?
11.5% of adults in Knox 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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