Living in Marengo, Indiana
Cost of living, income, home prices, rent and demographics of Marengo · Census data 2020–2024
Marengo has 924 residents with a median age of 35.2. The median household income is $43,654 (39% lower than the Indiana median), the median home value is $96,300, the median rent is $680/month.
Marengo is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Marengo at a glance
- Population
- 924
- Median age
- 35.2State: 38.1
- Median household income
- $43,654State: $71,957
- Median home value
- $96,300State: $218,200
- Median rent
- $680/moState: $1,062
- Homeowners
- 54.5%
- Bachelor's degree or higher
- 4.6%
- Average commute
- 33 min
Is Marengo a good place to live?
Pros: Home values 56% lower than the state median; unemployment of 4.3%.
Cons: Median household income 39% lower than the Indiana median; an average commute of 33 minutes; a poverty rate of 22.7%.
The weather is best in May and August to October.
Cost of living in Marengo
Housing is the biggest part of the cost of living. In Marengo the median home value is $96,300, 71% lower than the U.S. median. Renters pay a median of $680 per month, which is 22.1% of household income. Homeowners with a mortgage pay $1,096 a month in housing costs.
Marengo median household income
The median household income in Marengo is $43,654 and the income per person is $23,821. 22.7% of residents live below the poverty line (Indiana: 12.3%).
Housing in Marengo: homes for sale and rent
- Housing units
- 498
- Owner-occupied
- 54.5%
- Renter-occupied
- 45.5%
- Vacant
- 16.1%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.21
Marengo demographics
- Population
- 924
- Median age
- 35.2
- Under 18
- 22.9%
- 65 and older
- 14.1%
- Households
- 418
- Foreign-born
- 0.9%
- Veterans
- 7.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Marengo ›
Education in Marengo
4.6% of adults 25 and older in Marengo have a bachelor's degree or higher (Indiana: 29.5%), and 0.2% have a graduate or professional degree.
Jobs and commute in Marengo
- Unemployment rate
- 4.3%State: 4.3%
- Average commute
- 33 minState: 24 min
- Work from home
- 2.2%
- Drive alone
- 73.5%
- Public transit
- 0%
- Walk to work
- 3.6%
- Homes with broadband
- 73.2%
Marengo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Marengo | 924 | $43,654 | $96,300 | $680 |
| Milltown | 763 | $61,216 | $118,800 | $611 |
| English | 1,008 | $35,991 | $94,700 | $692 |
| Hardinsburg | 164 | $36,042 | $117,600 | $775 |
| Leavenworth | 397 | $65,586 | $130,200 | — |
| Palmyra | 1,215 | $60,862 | $163,800 | $772 |
| New Salisbury | 499 | $52,768 | $179,200 | — |
| Paoli | 3,125 | $42,906 | $150,700 | $799 |
| Eckerty | 112 | $35,313 | $112,500 | — |
More for people moving to Marengo
Marengo ZIP code ›Weather and climate ›Living in Marengo: FAQ
What is the median household income in Marengo, IN?
The median household income in Marengo is $43,654, 39% 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 Marengo?
The median home value in Marengo is $96,300, compared with $218,200 in Indiana.
How much is rent in Marengo?
The median gross rent in Marengo is $680 per month, about 22.1% of household income.
Is Marengo, IN a good place to live?
Pluses: home values 56% lower than the state median; unemployment of 4.3%. Minuses: median household income 39% lower than the Indiana median; an average commute of 33 minutes; a poverty rate of 22.7%.
What is the median age in Marengo?
The median age in Marengo is 35.2 years (Indiana: 38.1).
How long is the commute in Marengo?
The average commute to work in Marengo is 33 minutes; 2.2% of workers work from home.
What is the unemployment rate in Marengo?
The unemployment rate in Marengo is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Marengo?
4.6% of adults in Marengo 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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