Living in Paoli, Indiana
Cost of living, income, home prices, rent and demographics of Paoli · Census data 2020–2024
Paoli has 3,125 residents with a median age of 42.6. The median household income is $42,906 (40% lower than the Indiana median), the median home value is $150,700, the median rent is $799/month.
Paoli at a glance
- Population
- 3,125
- Median age
- 42.6State: 38.1
- Median household income
- $42,906State: $71,957
- Median home value
- $150,700State: $218,200
- Median rent
- $799/moState: $1,062
- Homeowners
- 62.2%
- Bachelor's degree or higher
- 14%
- Average commute
- 25 min
Is Paoli a good place to live?
Pros: Home values 31% lower than the state median.
Cons: Median household income 40% lower than the Indiana median; an average commute of 25 minutes; unemployment of 7.8%; a poverty rate of 25.2%.
The weather is best in May and August to October.
Cost of living in Paoli
Housing is the biggest part of the cost of living. In Paoli the median home value is $150,700, 55% lower than the U.S. median. Renters pay a median of $799 per month, which is 27.1% of household income. Homeowners with a mortgage pay $981 a month in housing costs.
Paoli median household income
The median household income in Paoli is $42,906 and the income per person is $31,494. 25.2% of residents live below the poverty line (Indiana: 12.3%).
Housing in Paoli: homes for sale and rent
- Housing units
- 1,480
- Owner-occupied
- 62.2%
- Renter-occupied
- 37.8%
- Vacant
- 13%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 2.28
Paoli demographics
- Population
- 3,125
- Median age
- 42.6
- Under 18
- 23.2%
- 65 and older
- 31.3%
- Households
- 1,287
- Foreign-born
- 1%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Paoli ›
Education in Paoli
14% of adults 25 and older in Paoli have a bachelor's degree or higher (Indiana: 29.5%), and 6.6% have a graduate or professional degree.
Jobs and commute in Paoli
- Unemployment rate
- 7.8%State: 4.3%
- Average commute
- 25 minState: 24 min
- Work from home
- 9.5%
- Drive alone
- 70.3%
- Public transit
- 0%
- Walk to work
- 0.9%
- Homes with broadband
- 82.8%
Paoli vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Paoli | 3,125 | $42,906 | $150,700 | $799 |
| Orleans | 2,235 | $65,330 | $117,500 | $850 |
| West Baden Springs | 543 | $42,857 | $163,800 | $817 |
| French Lick | 1,828 | $54,519 | $85,100 | $828 |
| Saltillo | 117 | $41,649 | $46,000 | — |
| Hardinsburg | 164 | $36,042 | $117,600 | $775 |
| Mitchell | 3,937 | $48,930 | $114,500 | $849 |
| Campbellsburg | 635 | $49,688 | $150,400 | $818 |
| Marengo | 924 | $43,654 | $96,300 | $680 |
More for people moving to Paoli
Paoli ZIP code ›Weather and climate ›Living in Paoli: FAQ
What is the median household income in Paoli, IN?
The median household income in Paoli is $42,906, 40% 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 Paoli?
The median home value in Paoli is $150,700, compared with $218,200 in Indiana.
How much is rent in Paoli?
The median gross rent in Paoli is $799 per month, about 27.1% of household income.
Is Paoli, IN a good place to live?
Pluses: home values 31% lower than the state median. Minuses: median household income 40% lower than the Indiana median; an average commute of 25 minutes; unemployment of 7.8%; a poverty rate of 25.2%.
What is the median age in Paoli?
The median age in Paoli is 42.6 years (Indiana: 38.1).
How long is the commute in Paoli?
The average commute to work in Paoli is 25 minutes; 9.5% of workers work from home.
What is the unemployment rate in Paoli?
The unemployment rate in Paoli is 7.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Paoli?
14% of adults in Paoli 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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