Living in Larwill, Indiana
Cost of living, income, home prices, rent and demographics of Larwill · Census data 2020–2024
Larwill has 425 residents with a median age of 28.4. The median household income is $56,528 (21% lower than the Indiana median), the median home value is $101,400, the median rent is $1,300/month.
Larwill is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Larwill at a glance
- Population
- 425
- Median age
- 28.4State: 38.1
- Median household income
- $56,528State: $71,957
- Median home value
- $101,400State: $218,200
- Median rent
- $1,300/moState: $1,062
- Homeowners
- 80.6%
- Bachelor's degree or higher
- 28.2%
- Average commute
- 26 min
Is Larwill a good place to live?
Pros: Home values 54% lower than the state median.
Cons: Median household income 21% lower than the Indiana median; an average commute of 26 minutes; unemployment of 6.6%; a poverty rate of 15.6%.
The weather is best in June to September.
Cost of living in Larwill
Housing is the biggest part of the cost of living. In Larwill the median home value is $101,400, 70% lower than the U.S. median. Renters pay a median of $1,300 per month, which is 51% of household income. Homeowners with a mortgage pay $1,008 a month in housing costs.
Larwill median household income
The median household income in Larwill is $56,528 and the income per person is $24,555. 15.6% of residents live below the poverty line (Indiana: 12.3%).
Housing in Larwill: homes for sale and rent
- Housing units
- 152
- Owner-occupied
- 80.6%
- Renter-occupied
- 19.4%
- Vacant
- 11.8%Includes seasonal homes
- Median year built
- 1945
- Average household size
- 3.17
Larwill demographics
- Population
- 425
- Median age
- 28.4
- Under 18
- 29.2%
- 65 and older
- 11.8%
- Households
- 134
- Foreign-born
- 1.6%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Larwill ›
Education in Larwill
28.2% of adults 25 and older in Larwill have a bachelor's degree or higher (Indiana: 29.5%), and 4% have a graduate or professional degree.
Jobs and commute in Larwill
- Unemployment rate
- 6.6%State: 4.3%
- Average commute
- 26 minState: 24 min
- Work from home
- 2.8%
- Drive alone
- 72.7%
- Public transit
- 1.7%
- Walk to work
- 0%
- Homes with broadband
- 92.5%
Larwill vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Larwill | 425 | $56,528 | $101,400 | $1,300 |
| Pierceton | 1,451 | $80,625 | $117,600 | $912 |
| South Whitley | 1,660 | $58,068 | $134,100 | $771 |
| Columbia City | 9,897 | $68,089 | $189,100 | $963 |
| Sidney | 123 | $50,250 | $118,800 | $1,188 |
| Big Lake | 445 | $130,341 | $251,400 | — |
| Barbee | 1,464 | $95,375 | $244,500 | $1,326 |
| Tri-Lakes | 1,025 | $115,250 | $323,500 | — |
| Winona Lake | 5,080 | $82,188 | $274,500 | $1,132 |
More for people moving to Larwill
Larwill ZIP code ›Weather and climate ›Living in Larwill: FAQ
What is the median household income in Larwill, IN?
The median household income in Larwill is $56,528, 21% 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 Larwill?
The median home value in Larwill is $101,400, compared with $218,200 in Indiana.
How much is rent in Larwill?
The median gross rent in Larwill is $1,300 per month, about 51% of household income.
Is Larwill, IN a good place to live?
Pluses: home values 54% lower than the state median. Minuses: median household income 21% lower than the Indiana median; an average commute of 26 minutes; unemployment of 6.6%; a poverty rate of 15.6%.
What is the median age in Larwill?
The median age in Larwill is 28.4 years (Indiana: 38.1).
How long is the commute in Larwill?
The average commute to work in Larwill is 26 minutes; 2.8% of workers work from home.
What is the unemployment rate in Larwill?
The unemployment rate in Larwill is 6.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Larwill?
28.2% of adults in Larwill 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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