Living in Parker City, Indiana
Cost of living, income, home prices, rent and demographics of Parker City · Census data 2020–2024
Parker City has 1,211 residents with a median age of 32.7. The median household income is $58,558 (19% lower than the Indiana median), the median home value is $94,200, the median rent is $717/month.
Parker City is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Parker City at a glance
- Population
- 1,211
- Median age
- 32.7State: 38.1
- Median household income
- $58,558State: $71,957
- Median home value
- $94,200State: $218,200
- Median rent
- $717/moState: $1,062
- Homeowners
- 73.3%
- Bachelor's degree or higher
- 13%
- Average commute
- 33 min
Is Parker City a good place to live?
Pros: Home values 57% lower than the state median.
Cons: Median household income 19% lower than the Indiana median; an average commute of 33 minutes; unemployment of 6%; a poverty rate of 18.8%.
The weather is best in June to September.
Cost of living in Parker City
Housing is the biggest part of the cost of living. In Parker City the median home value is $94,200, 72% lower than the U.S. median. Renters pay a median of $717 per month, which is 29.7% of household income. Homeowners with a mortgage pay $1,080 a month in housing costs.
Parker City median household income
The median household income in Parker City is $58,558 and the income per person is $24,794. 18.8% of residents live below the poverty line (Indiana: 12.3%).
Housing in Parker City: homes for sale and rent
- Housing units
- 492
- Owner-occupied
- 73.3%
- Renter-occupied
- 26.7%
- Vacant
- 10.8%Includes seasonal homes
- Median year built
- 1961
- Average household size
- 2.56
Parker City demographics
- Population
- 1,211
- Median age
- 32.7
- Under 18
- 31.7%
- 65 and older
- 19.6%
- Households
- 439
- Foreign-born
- 0.4%
- Veterans
- 10.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Parker City ›
Education in Parker City
13% of adults 25 and older in Parker City have a bachelor's degree or higher (Indiana: 29.5%), and 5.8% have a graduate or professional degree.
Jobs and commute in Parker City
- Unemployment rate
- 6%State: 4.3%
- Average commute
- 33 minState: 24 min
- Work from home
- 8.1%
- Drive alone
- 83.3%
- Public transit
- 0%
- Walk to work
- 1.8%
- Homes with broadband
- 96.8%
Parker City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Parker City | 1,211 | $58,558 | $94,200 | $717 |
| Selma | 837 | $58,214 | $106,400 | $910 |
| Farmland | 1,276 | $41,206 | $99,200 | $832 |
| Fairview | 306 | $40,114 | $9,999 | — |
| Albany | 2,907 | $58,026 | $105,200 | $683 |
| Blountsville | 170 | $52,375 | $70,600 | — |
| Muncie | 64,751 | $44,471 | $97,300 | $904 |
| Royerton | 295 | $135,068 | $112,500 | — |
| Modoc | 180 | $64,167 | $65,000 | $746 |
More for people moving to Parker City
Parker City ZIP code ›Weather and climate ›Living in Parker City: FAQ
What is the median household income in Parker City, IN?
The median household income in Parker City is $58,558, 19% 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 Parker City?
The median home value in Parker City is $94,200, compared with $218,200 in Indiana.
How much is rent in Parker City?
The median gross rent in Parker City is $717 per month, about 29.7% of household income.
Is Parker City, IN a good place to live?
Pluses: home values 57% lower than the state median. Minuses: median household income 19% lower than the Indiana median; an average commute of 33 minutes; unemployment of 6%; a poverty rate of 18.8%.
What is the median age in Parker City?
The median age in Parker City is 32.7 years (Indiana: 38.1).
How long is the commute in Parker City?
The average commute to work in Parker City is 33 minutes; 8.1% of workers work from home.
What is the unemployment rate in Parker City?
The unemployment rate in Parker City is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Parker City?
13% of adults in Parker City 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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