Living in Mexico, Indiana

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

Mexico has 906 residents with a median age of 46.5. The median household income is $87,635 (22% higher than the Indiana median), the median home value is $108,400.

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

Mexico at a glance

Population
906
Median age
46.5State: 38.1
Median household income
$87,635State: $71,957
Median home value
$108,400State: $218,200
Homeowners
85.3%
Bachelor's degree or higher
22.9%
Average commute
17 min

Is Mexico a good place to live?

Pros: Median household income 22% higher than the Indiana median; home values 50% lower than the state median; an average commute of 17 minutes; a poverty rate of 2.1%.

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

Cost of living in Mexico

Housing is the biggest part of the cost of living. In Mexico the median home value is $108,400, 67% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $777 a month in housing costs.

Median home value

Mexico$108,400
Indiana$218,200
United States$332,700

Median monthly rent

Indiana$1,062
United States$1,413

Mexico median household income

The median household income in Mexico is $87,635 and the income per person is $44,306. 2.1% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Mexico$87,635
Indiana$71,957
United States$80,734

Housing in Mexico: homes for sale and rent

Housing units
482
Owner-occupied
85.3%
Renter-occupied
14.7%
Vacant
13.9%Includes seasonal homes
Median year built
1956
Average household size
1.80

Mexico demographics

Population
906
Median age
46.5
Under 18
8.1%
65 and older
23.3%
Households
415
Foreign-born
0%
Veterans
13.6%Adults 18+

Race and ethnicity

White92.6%
Hispanic or Latino0%
Black2.4%
Asian0%

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

Education in Mexico

22.9% of adults 25 and older in Mexico have a bachelor's degree or higher (Indiana: 29.5%), and 3.9% have a graduate or professional degree.

Bachelor's degree or higher

Mexico22.9%
Indiana29.5%
United States35.7%

Jobs and commute in Mexico

Unemployment rate
0%State: 4.3%
Average commute
17 minState: 24 min
Work from home
2.6%
Drive alone
84.9%
Public transit
0%
Walk to work
0%
Homes with broadband
65.1%

Mexico vs nearby towns

TownPopulationMedian incomeHome valueRent
Mexico906$87,635$108,400—
Denver553$61,591$96,800$675
Peru10,901$46,159$92,500$826
Twelve Mile300$50,083——
Onward202$78,125——
Macy199$49,643$61,700$736
Bunker Hill940$52,973$91,600$686
Grissom AFB2,977$55,104$79,000$878
Anoka398$35,795$12,000$940

More for people moving to Mexico

Mexico ZIP code ›Weather and climate ›

Living in Mexico: FAQ

What is the median household income in Mexico, IN?

The median household income in Mexico is $87,635, 22% 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 Mexico?

The median home value in Mexico is $108,400, compared with $218,200 in Indiana.

Is Mexico, IN a good place to live?

Pluses: median household income 22% higher than the Indiana median; home values 50% lower than the state median; an average commute of 17 minutes; a poverty rate of 2.1%.

What is the median age in Mexico?

The median age in Mexico is 46.5 years (Indiana: 38.1).

How long is the commute in Mexico?

The average commute to work in Mexico is 17 minutes; 2.6% of workers work from home.

What is the unemployment rate in Mexico?

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

How educated is Mexico?

22.9% of adults in Mexico 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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