Living in Rensselaer, Indiana
Cost of living, income, home prices, rent and demographics of Rensselaer · Census data 2020–2024
Rensselaer has 5,573 residents with a median age of 30.8. The median household income is $60,331 (16% lower than the Indiana median), the median home value is $153,800, the median rent is $936/month.
Rensselaer at a glance
- Population
- 5,573
- Median age
- 30.8State: 38.1
- Median household income
- $60,331State: $71,957
- Median home value
- $153,800State: $218,200
- Median rent
- $936/moState: $1,062
- Homeowners
- 63.4%
- Bachelor's degree or higher
- 18.4%
- Average commute
- 21 min
Is Rensselaer a good place to live?
Pros: Home values 30% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 16% lower than the Indiana median; unemployment of 5.8%; a poverty rate of 15.3%.
The weather is best in June to September.
Cost of living in Rensselaer
Housing is the biggest part of the cost of living. In Rensselaer the median home value is $153,800, 54% lower than the U.S. median. Renters pay a median of $936 per month, which is 27.2% of household income. Homeowners with a mortgage pay $1,158 a month in housing costs.
Rensselaer median household income
The median household income in Rensselaer is $60,331 and the income per person is $26,657. 15.3% of residents live below the poverty line (Indiana: 12.3%).
Housing in Rensselaer: homes for sale and rent
- Housing units
- 2,353
- Owner-occupied
- 63.4%
- Renter-occupied
- 36.6%
- Vacant
- 9.6%Includes seasonal homes
- Median year built
- 1956
- Average household size
- 2.44
Rensselaer demographics
- Population
- 5,573
- Median age
- 30.8
- Under 18
- 24.4%
- 65 and older
- 17.7%
- Households
- 2,127
- Foreign-born
- 9%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Rensselaer ›
Education in Rensselaer
18.4% of adults 25 and older in Rensselaer have a bachelor's degree or higher (Indiana: 29.5%), and 7.2% have a graduate or professional degree.
Jobs and commute in Rensselaer
- Unemployment rate
- 5.8%State: 4.3%
- Average commute
- 21 minState: 24 min
- Work from home
- 6%
- Drive alone
- 75.4%
- Public transit
- 0.6%
- Walk to work
- 1.3%
- Homes with broadband
- 92.7%
Rensselaer vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Rensselaer | 5,573 | $60,331 | $153,800 | $936 |
| Brook | 900 | $53,571 | $116,200 | $880 |
| Remington | 1,623 | $75,875 | $146,100 | $746 |
| Francesville | 946 | $65,000 | $131,900 | $961 |
| Wolcott | 1,033 | $66,875 | $113,900 | $844 |
| Goodland | 792 | $58,370 | $96,100 | $583 |
| Morocco | 1,040 | $61,767 | $113,900 | $852 |
| Monon | 2,091 | $49,286 | $96,000 | $912 |
| Roselawn | 3,417 | $75,506 | $201,900 | $934 |
More for people moving to Rensselaer
Rensselaer ZIP code ›Weather and climate ›Living in Rensselaer: FAQ
What is the median household income in Rensselaer, IN?
The median household income in Rensselaer is $60,331, 16% 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 Rensselaer?
The median home value in Rensselaer is $153,800, compared with $218,200 in Indiana.
How much is rent in Rensselaer?
The median gross rent in Rensselaer is $936 per month, about 27.2% of household income.
Is Rensselaer, IN a good place to live?
Pluses: home values 30% lower than the state median; an average commute of 21 minutes. Minuses: median household income 16% lower than the Indiana median; unemployment of 5.8%; a poverty rate of 15.3%.
What is the median age in Rensselaer?
The median age in Rensselaer is 30.8 years (Indiana: 38.1).
How long is the commute in Rensselaer?
The average commute to work in Rensselaer is 21 minutes; 6% of workers work from home.
What is the unemployment rate in Rensselaer?
The unemployment rate in Rensselaer is 5.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Rensselaer?
18.4% of adults in Rensselaer 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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