Living in Parkers Settlement, Indiana

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

Parkers Settlement has 605 residents with a median age of 39.8. The median household income is $91,563 (27% higher than the Indiana median), the median home value is $238,200.

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

Parkers Settlement at a glance

Population
605
Median age
39.8State: 38.1
Median household income
$91,563State: $71,957
Median home value
$238,200State: $218,200
Homeowners
100%
Bachelor's degree or higher
27.8%
Average commute
28 min

Is Parkers Settlement a good place to live?

Pros: Median household income 27% higher than the Indiana median; a poverty rate of 7.8%.

Cons: Home values 9% higher than the state median; an average commute of 28 minutes.

The weather is best in May and August to October.

Cost of living in Parkers Settlement

Housing is the biggest part of the cost of living. In Parkers Settlement the median home value is $238,200, 28% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,865 a month in housing costs.

Median home value

Parkers Settlement$238,200
Indiana$218,200
United States$332,700

Median monthly rent

Indiana$1,062
United States$1,413

Parkers Settlement median household income

The median household income in Parkers Settlement is $91,563 and the income per person is $43,907. 7.8% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Parkers Settlement$91,563
Indiana$71,957
United States$80,734

Housing in Parkers Settlement: homes for sale and rent

Housing units
261
Owner-occupied
100%
Renter-occupied
0%
Vacant
0%Includes seasonal homes
Median year built
1984
Average household size
2.32

Parkers Settlement demographics

Population
605
Median age
39.8
Under 18
21.3%
65 and older
18.5%
Households
261
Foreign-born
0%
Veterans
11.3%Adults 18+

Race and ethnicity

White96.7%
Hispanic or Latino0%
Black0%
Asian0%

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

Education in Parkers Settlement

27.8% of adults 25 and older in Parkers Settlement have a bachelor's degree or higher (Indiana: 29.5%), and 10.2% have a graduate or professional degree.

Bachelor's degree or higher

Parkers Settlement27.8%
Indiana29.5%
United States35.7%

Jobs and commute in Parkers Settlement

Unemployment rate
0%State: 4.3%
Average commute
28 minState: 24 min
Work from home
8.9%
Drive alone
79.7%
Public transit
0%
Walk to work
0%
Homes with broadband
90.8%

Parkers Settlement vs nearby towns

TownPopulationMedian incomeHome valueRent
Parkers Settlement605$91,563$238,200—
Blairsville203$97,589$275,500—
St. Wendel923$86,455$220,200—
Wadesville672$100,625$231,700—
Darmstadt1,508$107,188$330,100—
Highland5,114$98,002$240,400$1,695
Poseyville1,270$62,500$144,400$726
Cynthiana716$74,688$141,500$775
Evansville116,116$53,387$143,100$975

More for people moving to Parkers Settlement

Parkers Settlement ZIP code ›Weather and climate ›

Living in Parkers Settlement: FAQ

What is the median household income in Parkers Settlement, IN?

The median household income in Parkers Settlement is $91,563, 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 Parkers Settlement?

The median home value in Parkers Settlement is $238,200, compared with $218,200 in Indiana.

Is Parkers Settlement, IN a good place to live?

Pluses: median household income 27% higher than the Indiana median; a poverty rate of 7.8%. Minuses: home values 9% higher than the state median; an average commute of 28 minutes.

What is the median age in Parkers Settlement?

The median age in Parkers Settlement is 39.8 years (Indiana: 38.1).

How long is the commute in Parkers Settlement?

The average commute to work in Parkers Settlement is 28 minutes; 8.9% of workers work from home.

What is the unemployment rate in Parkers Settlement?

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

How educated is Parkers Settlement?

27.8% of adults in Parkers Settlement 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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