Living in Roann, Indiana

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

Roann has 479 residents with a median age of 35.8. The median household income is $58,542 (19% lower than the Indiana median), the median home value is $95,900, the median rent is $825/month.

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

Roann at a glance

Population
479
Median age
35.8State: 38.1
Median household income
$58,542State: $71,957
Median home value
$95,900State: $218,200
Median rent
$825/moState: $1,062
Homeowners
84.9%
Bachelor's degree or higher
15.2%
Average commute
25 min

Is Roann a good place to live?

Pros: Home values 56% lower than the state median; unemployment of 3.9%; a poverty rate of 12.3%.

Cons: Median household income 19% lower than the Indiana median; an average commute of 25 minutes.

The weather is best in June to September.

Cost of living in Roann

Housing is the biggest part of the cost of living. In Roann the median home value is $95,900, 71% lower than the U.S. median. Renters pay a median of $825 per month, which is 24.2% of household income. Homeowners with a mortgage pay $910 a month in housing costs.

Median home value

Roann$95,900
Indiana$218,200
United States$332,700

Median monthly rent

Roann$825
Indiana$1,062
United States$1,413

Roann median household income

The median household income in Roann is $58,542 and the income per person is $28,502. 12.3% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Roann$58,542
Indiana$71,957
United States$80,734

Housing in Roann: homes for sale and rent

Housing units
325
Owner-occupied
84.9%
Renter-occupied
15.1%
Vacant
36.9%Includes seasonal homes
Median year built
1951
Average household size
2.34

36.9% of homes are vacant most of the year, a sign that Roann has many vacation and second homes.

Roann demographics

Population
479
Median age
35.8
Under 18
24.6%
65 and older
15.9%
Households
205
Foreign-born
3.1%
Veterans
5.3%Adults 18+

Race and ethnicity

White95.8%
Hispanic or Latino6.9%
Black0%
Asian0%

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

Education in Roann

15.2% of adults 25 and older in Roann have a bachelor's degree or higher (Indiana: 29.5%), and 4.2% have a graduate or professional degree.

Bachelor's degree or higher

Roann15.2%
Indiana29.5%
United States35.7%

Jobs and commute in Roann

Unemployment rate
3.9%State: 4.3%
Average commute
25 minState: 24 min
Work from home
14.6%
Drive alone
80%
Public transit
0%
Walk to work
2.1%
Homes with broadband
82.9%

Roann vs nearby towns

TownPopulationMedian incomeHome valueRent
Roann479$58,542$95,900$825
Laketon460$60,104$162,500—
Urbana116$37,829$98,900—
Denver553$61,591$96,800$675
Wabash10,358$53,410$116,500$739
North Manchester4,819$61,296$138,200$660
Akron954$58,636$136,300$929
Macy199$49,643$61,700$736
Lagro330$58,958$80,000$988

More for people moving to Roann

Roann ZIP code ›Weather and climate ›

Living in Roann: FAQ

What is the median household income in Roann, IN?

The median household income in Roann is $58,542, 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 Roann?

The median home value in Roann is $95,900, compared with $218,200 in Indiana.

How much is rent in Roann?

The median gross rent in Roann is $825 per month, about 24.2% of household income.

Is Roann, IN a good place to live?

Pluses: home values 56% lower than the state median; unemployment of 3.9%; a poverty rate of 12.3%. Minuses: median household income 19% lower than the Indiana median; an average commute of 25 minutes.

What is the median age in Roann?

The median age in Roann is 35.8 years (Indiana: 38.1).

How long is the commute in Roann?

The average commute to work in Roann is 25 minutes; 14.6% of workers work from home.

What is the unemployment rate in Roann?

The unemployment rate in Roann is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Roann?

15.2% of adults in Roann 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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