Living in Pendleton, Indiana
Cost of living, income, home prices, rent and demographics of Pendleton · Census data 2020–2024
Pendleton has 5,321 residents with a median age of 38.8. The median household income is $86,806 (21% higher than the Indiana median), the median home value is $248,200, the median rent is $1,209/month.
Pendleton at a glance
- Population
- 5,321
- Median age
- 38.8State: 38.1
- Median household income
- $86,806State: $71,957
- Median home value
- $248,200State: $218,200
- Median rent
- $1,209/moState: $1,062
- Homeowners
- 73.5%
- Bachelor's degree or higher
- 33.6%
- Average commute
- 24 min
Is Pendleton a good place to live?
Pros: Median household income 21% higher than the Indiana median; an average commute of 24 minutes; a poverty rate of 9.1%.
Cons: Home values 14% higher than the state median; unemployment of 5.2%.
The weather is best in June to September.
Cost of living in Pendleton
Housing is the biggest part of the cost of living. In Pendleton the median home value is $248,200, 25% lower than the U.S. median. Renters pay a median of $1,209 per month, which is 25.9% of household income. Homeowners with a mortgage pay $1,592 a month in housing costs.
Pendleton median household income
The median household income in Pendleton is $86,806 and the income per person is $45,872. 9.1% of residents live below the poverty line (Indiana: 12.3%).
Housing in Pendleton: homes for sale and rent
- Housing units
- 2,240
- Owner-occupied
- 73.5%
- Renter-occupied
- 26.5%
- Vacant
- 8%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.53
Pendleton demographics
- Population
- 5,321
- Median age
- 38.8
- Under 18
- 25.1%
- 65 and older
- 19.1%
- Households
- 2,060
- Foreign-born
- 1.8%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Pendleton ›
Education in Pendleton
33.6% of adults 25 and older in Pendleton have a bachelor's degree or higher (Indiana: 29.5%), and 11.9% have a graduate or professional degree.
Jobs and commute in Pendleton
- Unemployment rate
- 5.2%State: 4.3%
- Average commute
- 24 minState: 24 min
- Work from home
- 17.8%
- Drive alone
- 72.1%
- Public transit
- 0%
- Walk to work
- 3.6%
- Homes with broadband
- 92.1%
Pendleton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Pendleton | 5,321 | $86,806 | $248,200 | $1,209 |
| Ingalls | 2,512 | $74,236 | $189,900 | $1,379 |
| Lapel | 2,668 | $79,778 | $220,400 | $1,318 |
| Edgewood | 2,121 | $87,770 | $200,100 | $1,050 |
| Anderson | 55,367 | $46,909 | $119,000 | $925 |
| Fishersburg | 190 | $46,429 | $154,200 | — |
| Fortville | 4,976 | $84,000 | $254,900 | $1,167 |
| Markleville | 739 | $89,167 | $184,200 | $1,080 |
| Country Club Heights | 189 | $110,000 | $246,900 | — |
More for people moving to Pendleton
Pendleton ZIP code ›Weather and climate ›Living in Pendleton: FAQ
What is the median household income in Pendleton, IN?
The median household income in Pendleton is $86,806, 21% 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 Pendleton?
The median home value in Pendleton is $248,200, compared with $218,200 in Indiana.
How much is rent in Pendleton?
The median gross rent in Pendleton is $1,209 per month, about 25.9% of household income.
Is Pendleton, IN a good place to live?
Pluses: median household income 21% higher than the Indiana median; an average commute of 24 minutes; a poverty rate of 9.1%. Minuses: home values 14% higher than the state median; unemployment of 5.2%.
What is the median age in Pendleton?
The median age in Pendleton is 38.8 years (Indiana: 38.1).
How long is the commute in Pendleton?
The average commute to work in Pendleton is 24 minutes; 17.8% of workers work from home.
What is the unemployment rate in Pendleton?
The unemployment rate in Pendleton is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Pendleton?
33.6% of adults in Pendleton 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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