Living in Nashville, Indiana
Cost of living, income, home prices, rent and demographics of Nashville · Census data 2020–2024
Nashville has 1,386 residents with a median age of 63.2. The median household income is $51,638 (28% lower than the Indiana median), the median home value is $294,900, the median rent is $822/month.
Nashville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Nashville at a glance
- Population
- 1,386
- Median age
- 63.2State: 38.1
- Median household income
- $51,638State: $71,957
- Median home value
- $294,900State: $218,200
- Median rent
- $822/moState: $1,062
- Homeowners
- 60%
- Bachelor's degree or higher
- 39.3%
- Average commute
- 23 min
Is Nashville a good place to live?
Pros: An average commute of 23 minutes; unemployment of 1.7%; a poverty rate of 7.2%.
Cons: Median household income 28% lower than the Indiana median; home values 35% higher than the state median.
The weather is best in May and August to October.
Cost of living in Nashville
Housing is the biggest part of the cost of living. In Nashville the median home value is $294,900, 11% lower than the U.S. median. Renters pay a median of $822 per month, which is 26.1% of household income. Homeowners with a mortgage pay $1,178 a month in housing costs.
Nashville median household income
The median household income in Nashville is $51,638 and the income per person is $37,939. 7.2% of residents live below the poverty line (Indiana: 12.3%).
Housing in Nashville: homes for sale and rent
- Housing units
- 776
- Owner-occupied
- 60%
- Renter-occupied
- 40%
- Vacant
- 8.2%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 1.78
Nashville demographics
- Population
- 1,386
- Median age
- 63.2
- Under 18
- 12.4%
- 65 and older
- 45.3%
- Households
- 712
- Foreign-born
- 1%
- Veterans
- 7.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Nashville ›
Education in Nashville
39.3% of adults 25 and older in Nashville have a bachelor's degree or higher (Indiana: 29.5%), and 21.9% have a graduate or professional degree.
Jobs and commute in Nashville
- Unemployment rate
- 1.7%State: 4.3%
- Average commute
- 23 minState: 24 min
- Work from home
- 13.7%
- Drive alone
- 78.1%
- Public transit
- 0%
- Walk to work
- 4.3%
- Homes with broadband
- 88.9%
Nashville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Nashville | 1,386 | $51,638 | $294,900 | $822 |
| Cordry Sweetwater Lakes | 1,190 | $94,583 | $340,900 | — |
| Grandview Lake | 199 | $250,001 | $861,100 | — |
| Harrison Lake | 144 | $140,000 | $450,000 | — |
| Morgantown | 1,308 | $54,007 | $133,600 | $908 |
| Prince's Lakes | 1,188 | $89,375 | $245,000 | $1,292 |
| Nineveh | 559 | $54,233 | $176,000 | — |
| Painted Hills | 948 | $93,838 | $305,200 | — |
| Trafalgar | 1,469 | $77,885 | $233,600 | $1,024 |
More for people moving to Nashville
Nashville ZIP code ›Weather and climate ›Living in Nashville: FAQ
What is the median household income in Nashville, IN?
The median household income in Nashville is $51,638, 28% 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 Nashville?
The median home value in Nashville is $294,900, compared with $218,200 in Indiana.
How much is rent in Nashville?
The median gross rent in Nashville is $822 per month, about 26.1% of household income.
Is Nashville, IN a good place to live?
Pluses: an average commute of 23 minutes; unemployment of 1.7%; a poverty rate of 7.2%. Minuses: median household income 28% lower than the Indiana median; home values 35% higher than the state median.
What is the median age in Nashville?
The median age in Nashville is 63.2 years (Indiana: 38.1).
How long is the commute in Nashville?
The average commute to work in Nashville is 23 minutes; 13.7% of workers work from home.
What is the unemployment rate in Nashville?
The unemployment rate in Nashville is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Nashville?
39.3% of adults in Nashville 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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