Living in Maxwell, Indiana

Cost of living, income, home prices, rent and demographics of Maxwell · Census data 2020–2024

Maxwell has 413 residents with a median age of 22.1. The median household income is $75,568 (5% higher than the Indiana median), the median home value is $225,000.

Maxwell is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Maxwell at a glance

Population
413
Median age
22.1State: 38.1
Median household income
$75,568State: $71,957
Median home value
$225,000State: $218,200
Homeowners
74.7%
Bachelor's degree or higher
13.6%
Average commute
36 min

Is Maxwell a good place to live?

Pros: Median household income 5% higher than the Indiana median.

Cons: Home values 3% higher than the state median; an average commute of 36 minutes.

The weather is best in May–June and August–September.

Cost of living in Maxwell

Housing is the biggest part of the cost of living. In Maxwell the median home value is $225,000, 32% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,580 a month in housing costs.

Median home value

Maxwell$225,000
Indiana$218,200
United States$332,700

Median monthly rent

Indiana$1,062
United States$1,413

Maxwell median household income

The median household income in Maxwell is $75,568 and the income per person is $21,415. 0% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Maxwell$75,568
Indiana$71,957
United States$80,734

Housing in Maxwell: homes for sale and rent

Housing units
99
Owner-occupied
74.7%
Renter-occupied
25.3%
Vacant
0%Includes seasonal homes
Median year built
1997
Average household size
4.17

Maxwell demographics

Population
413
Median age
22.1
Under 18
49.9%
65 and older
14.8%
Households
99
Foreign-born
0%
Veterans
10.6%Adults 18+

Race and ethnicity

White100%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Maxwell ›

Education in Maxwell

13.6% of adults 25 and older in Maxwell have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Maxwell13.6%
Indiana29.5%
United States35.7%

Jobs and commute in Maxwell

Unemployment rate
0%State: 4.3%
Average commute
36 minState: 24 min
Work from home
0%
Drive alone
82.1%
Public transit
0%
Walk to work
0%
Homes with broadband
100%

Maxwell vs nearby towns

TownPopulationMedian incomeHome valueRent
Maxwell413$75,568$225,000—
Greenfield24,940$76,127$216,400$1,177
Willow Branch167$83,864$245,000—
Fortville4,976$84,000$254,900$1,167
Philadelphia431$24,873$214,500—
Spring Lake224$50,938$169,400—
Ingalls2,512$74,236$189,900$1,379
McCordsville10,329$110,692$345,400$1,283
Wilkinson385$81,250$133,700$917

More for people moving to Maxwell

Maxwell ZIP code ›Weather and climate ›

Living in Maxwell: FAQ

What is the median household income in Maxwell, IN?

The median household income in Maxwell is $75,568, 5% higher 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 Maxwell?

The median home value in Maxwell is $225,000, compared with $218,200 in Indiana.

Is Maxwell, IN a good place to live?

Pluses: median household income 5% higher than the Indiana median. Minuses: home values 3% higher than the state median; an average commute of 36 minutes.

What is the median age in Maxwell?

The median age in Maxwell is 22.1 years (Indiana: 38.1).

How long is the commute in Maxwell?

The average commute to work in Maxwell is 36 minutes; 0% of workers work from home.

What is the unemployment rate in Maxwell?

The unemployment rate in Maxwell is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Maxwell?

13.6% of adults in Maxwell 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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