Living in Shipshewana, Indiana
Cost of living, income, home prices, rent and demographics of Shipshewana · Census data 2020–2024
Shipshewana has 822 residents with a median age of 37.7. The median household income is $43,594 (39% lower than the Indiana median), the median home value is $275,800, the median rent is $771/month.
Shipshewana is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Shipshewana at a glance
- Population
- 822
- Median age
- 37.7State: 38.1
- Median household income
- $43,594State: $71,957
- Median home value
- $275,800State: $218,200
- Median rent
- $771/moState: $1,062
- Homeowners
- 69.4%
- Bachelor's degree or higher
- 9.7%
- Average commute
- 18 min
Is Shipshewana a good place to live?
Pros: An average commute of 18 minutes; a poverty rate of 11.1%.
Cons: Median household income 39% lower than the Indiana median; home values 26% higher than the state median; unemployment of 5.6%.
The weather is best in June to September.
Cost of living in Shipshewana
Housing is the biggest part of the cost of living. In Shipshewana the median home value is $275,800, 17% lower than the U.S. median. Renters pay a median of $771 per month, which is 34% of household income. Homeowners with a mortgage pay $1,245 a month in housing costs.
Shipshewana median household income
The median household income in Shipshewana is $43,594 and the income per person is $29,051. 11.1% of residents live below the poverty line (Indiana: 12.3%).
Housing in Shipshewana: homes for sale and rent
- Housing units
- 404
- Owner-occupied
- 69.4%
- Renter-occupied
- 30.6%
- Vacant
- 10.1%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.26
Shipshewana demographics
- Population
- 822
- Median age
- 37.7
- Under 18
- 25.1%
- 65 and older
- 26.3%
- Households
- 363
- Foreign-born
- 1.1%
- Veterans
- 14.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Shipshewana ›
Education in Shipshewana
9.7% of adults 25 and older in Shipshewana have a bachelor's degree or higher (Indiana: 29.5%), and 2.9% have a graduate or professional degree.
Jobs and commute in Shipshewana
- Unemployment rate
- 5.6%State: 4.3%
- Average commute
- 18 minState: 24 min
- Work from home
- 2.3%
- Drive alone
- 66.7%
- Public transit
- 0%
- Walk to work
- 3.4%
- Homes with broadband
- 82.9%
Shipshewana vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Shipshewana | 822 | $43,594 | $275,800 | $771 |
| Shipshewana Lake | 365 | $70,974 | $325,000 | $821 |
| Scott | 137 | $72,750 | — | — |
| Middlebury | 3,700 | $75,236 | $243,700 | $1,203 |
| Lagrange | 2,790 | $54,492 | $150,100 | $807 |
| Howe | 1,092 | $60,238 | $163,000 | — |
| White Pigeon | 1,760 | $51,250 | $149,600 | $775 |
| Topeka | 1,137 | $62,875 | $141,700 | $916 |
| Sturgis | 11,054 | $62,710 | $152,600 | $826 |
More for people moving to Shipshewana
Shipshewana ZIP code ›Weather and climate ›Living in Shipshewana: FAQ
What is the median household income in Shipshewana, IN?
The median household income in Shipshewana is $43,594, 39% 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 Shipshewana?
The median home value in Shipshewana is $275,800, compared with $218,200 in Indiana.
How much is rent in Shipshewana?
The median gross rent in Shipshewana is $771 per month, about 34% of household income.
Is Shipshewana, IN a good place to live?
Pluses: an average commute of 18 minutes; a poverty rate of 11.1%. Minuses: median household income 39% lower than the Indiana median; home values 26% higher than the state median; unemployment of 5.6%.
What is the median age in Shipshewana?
The median age in Shipshewana is 37.7 years (Indiana: 38.1).
How long is the commute in Shipshewana?
The average commute to work in Shipshewana is 18 minutes; 2.3% of workers work from home.
What is the unemployment rate in Shipshewana?
The unemployment rate in Shipshewana is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Shipshewana?
9.7% of adults in Shipshewana 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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