Living in Palestine, Indiana
Cost of living, income, home prices, rent and demographics of Palestine · Census data 2020–2024
Palestine has 1,085 residents with a median age of 34.4. The median household income is $91,653 (27% higher than the Indiana median), the median home value is $158,200, the median rent is $1,083/month.
Palestine is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Palestine at a glance
- Population
- 1,085
- Median age
- 34.4State: 38.1
- Median household income
- $91,653State: $71,957
- Median home value
- $158,200State: $218,200
- Median rent
- $1,083/moState: $1,062
- Homeowners
- 85%
- Bachelor's degree or higher
- 4.3%
- Average commute
- 25 min
Is Palestine a good place to live?
Pros: Median household income 27% higher than the Indiana median; home values 27% lower than the state median; a poverty rate of 4.5%.
Cons: An average commute of 25 minutes; unemployment of 5.3%.
The weather is best in June to September.
Cost of living in Palestine
Housing is the biggest part of the cost of living. In Palestine the median home value is $158,200, 52% lower than the U.S. median. Renters pay a median of $1,083 per month, which is 11.7% of household income. Homeowners with a mortgage pay $1,083 a month in housing costs.
Palestine median household income
The median household income in Palestine is $91,653 and the income per person is $29,662. 4.5% of residents live below the poverty line (Indiana: 12.3%).
Housing in Palestine: homes for sale and rent
- Housing units
- 380
- Owner-occupied
- 85%
- Renter-occupied
- 15%
- Vacant
- 8.7%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 3.13
Palestine demographics
- Population
- 1,085
- Median age
- 34.4
- Under 18
- 38.6%
- 65 and older
- 8.8%
- Households
- 347
- Foreign-born
- 6.1%
- Veterans
- 8.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Palestine ›
Education in Palestine
4.3% of adults 25 and older in Palestine have a bachelor's degree or higher (Indiana: 29.5%), and 1.7% have a graduate or professional degree.
Jobs and commute in Palestine
- Unemployment rate
- 5.3%State: 4.3%
- Average commute
- 25 minState: 24 min
- Work from home
- 0%
- Drive alone
- 76.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 97.1%
Palestine vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palestine | 1,085 | $91,653 | $158,200 | $1,083 |
| Burket | 203 | $55,833 | $109,400 | $950 |
| Claypool | 318 | $60,417 | $110,800 | $1,098 |
| Mentone | 768 | $60,000 | $112,000 | $797 |
| Warsaw | 16,768 | $61,035 | $181,200 | $1,066 |
| Hoffman Lake | 382 | $84,276 | $201,200 | — |
| Silver Lake | 857 | $55,272 | $112,000 | $1,158 |
| Winona Lake | 5,080 | $82,188 | $274,500 | $1,132 |
| Etna Green | 441 | $63,281 | $98,300 | $660 |
More for people moving to Palestine
Palestine ZIP code ›Weather and climate ›Living in Palestine: FAQ
What is the median household income in Palestine, IN?
The median household income in Palestine is $91,653, 27% 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 Palestine?
The median home value in Palestine is $158,200, compared with $218,200 in Indiana.
How much is rent in Palestine?
The median gross rent in Palestine is $1,083 per month, about 11.7% of household income.
Is Palestine, IN a good place to live?
Pluses: median household income 27% higher than the Indiana median; home values 27% lower than the state median; a poverty rate of 4.5%. Minuses: an average commute of 25 minutes; unemployment of 5.3%.
What is the median age in Palestine?
The median age in Palestine is 34.4 years (Indiana: 38.1).
How long is the commute in Palestine?
The average commute to work in Palestine is 25 minutes; 0% of workers work from home.
What is the unemployment rate in Palestine?
The unemployment rate in Palestine is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palestine?
4.3% of adults in Palestine 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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