Living in Patoka, Indiana
Cost of living, income, home prices, rent and demographics of Patoka · Census data 2020–2024
Patoka has 737 residents with a median age of 37.2. The median household income is $48,958 (32% lower than the Indiana median), the median home value is $99,000, the median rent is $850/month.
Patoka is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Patoka at a glance
- Population
- 737
- Median age
- 37.2State: 38.1
- Median household income
- $48,958State: $71,957
- Median home value
- $99,000State: $218,200
- Median rent
- $850/moState: $1,062
- Homeowners
- 78.8%
- Bachelor's degree or higher
- 11.3%
- Average commute
- 21 min
Is Patoka a good place to live?
Pros: Home values 55% lower than the state median; an average commute of 21 minutes; unemployment of 2.1%.
Cons: Median household income 32% lower than the Indiana median; a poverty rate of 26.5%.
The weather is best in May and August to October.
Cost of living in Patoka
Housing is the biggest part of the cost of living. In Patoka the median home value is $99,000, 70% lower than the U.S. median. Renters pay a median of $850 per month, which is 22.4% of household income. Homeowners with a mortgage pay $992 a month in housing costs.
Patoka median household income
The median household income in Patoka is $48,958 and the income per person is $30,088. 26.5% of residents live below the poverty line (Indiana: 12.3%).
Housing in Patoka: homes for sale and rent
- Housing units
- 368
- Owner-occupied
- 78.8%
- Renter-occupied
- 21.2%
- Vacant
- 9%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.20
Patoka demographics
- Population
- 737
- Median age
- 37.2
- Under 18
- 24.2%
- 65 and older
- 14%
- Households
- 335
- Foreign-born
- 1.1%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Patoka ›
Education in Patoka
11.3% of adults 25 and older in Patoka have a bachelor's degree or higher (Indiana: 29.5%), and 1.7% have a graduate or professional degree.
Jobs and commute in Patoka
- Unemployment rate
- 2.1%State: 4.3%
- Average commute
- 21 minState: 24 min
- Work from home
- 1.5%
- Drive alone
- 91.3%
- Public transit
- 0.6%
- Walk to work
- 0%
- Homes with broadband
- 85.7%
Patoka vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Patoka | 737 | $48,958 | $99,000 | $850 |
| Princeton | 8,372 | $57,618 | $128,700 | $1,022 |
| Hazleton | 196 | $64,250 | $69,000 | — |
| Francisco | 537 | $63,836 | $98,300 | $1,055 |
| Mount Carmel | 6,854 | $47,009 | $89,300 | $804 |
| Owensville | 1,156 | $56,635 | $131,700 | $689 |
| Fort Branch | 3,021 | $58,707 | $195,900 | $877 |
| Allendale | 499 | $60,000 | $91,000 | — |
| Haubstadt | 1,905 | $74,940 | $228,100 | $866 |
More for people moving to Patoka
Patoka ZIP code ›Weather and climate ›Living in Patoka: FAQ
What is the median household income in Patoka, IN?
The median household income in Patoka is $48,958, 32% 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 Patoka?
The median home value in Patoka is $99,000, compared with $218,200 in Indiana.
How much is rent in Patoka?
The median gross rent in Patoka is $850 per month, about 22.4% of household income.
Is Patoka, IN a good place to live?
Pluses: home values 55% lower than the state median; an average commute of 21 minutes; unemployment of 2.1%. Minuses: median household income 32% lower than the Indiana median; a poverty rate of 26.5%.
What is the median age in Patoka?
The median age in Patoka is 37.2 years (Indiana: 38.1).
How long is the commute in Patoka?
The average commute to work in Patoka is 21 minutes; 1.5% of workers work from home.
What is the unemployment rate in Patoka?
The unemployment rate in Patoka is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Patoka?
11.3% of adults in Patoka 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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