Living in Syracuse, Indiana
Cost of living, income, home prices, rent and demographics of Syracuse · Census data 2020–2024
Syracuse has 3,233 residents with a median age of 42. The median household income is $71,833 (about the same as the Indiana median), the median home value is $199,400, the median rent is $1,115/month.
Syracuse at a glance
- Population
- 3,233
- Median age
- 42State: 38.1
- Median household income
- $71,833State: $71,957
- Median home value
- $199,400State: $218,200
- Median rent
- $1,115/moState: $1,062
- Homeowners
- 72.4%
- Bachelor's degree or higher
- 19.3%
- Average commute
- 19 min
Is Syracuse a good place to live?
Pros: Home values 9% lower than the state median; an average commute of 19 minutes; unemployment of 1.8%; a poverty rate of 4.2%.
Cons: Median household income about the same as the Indiana median.
The weather is best in June to September.
Cost of living in Syracuse
Housing is the biggest part of the cost of living. In Syracuse the median home value is $199,400, 40% lower than the U.S. median. Renters pay a median of $1,115 per month, which is 28.5% of household income. Homeowners with a mortgage pay $1,165 a month in housing costs.
Syracuse median household income
The median household income in Syracuse is $71,833 and the income per person is $41,847. 4.2% of residents live below the poverty line (Indiana: 12.3%).
Housing in Syracuse: homes for sale and rent
- Housing units
- 1,913
- Owner-occupied
- 72.4%
- Renter-occupied
- 27.6%
- Vacant
- 21.3%Includes seasonal homes
- Median year built
- 1957
- Average household size
- 2.12
Syracuse demographics
- Population
- 3,233
- Median age
- 42
- Under 18
- 13.2%
- 65 and older
- 16.7%
- Households
- 1,506
- Foreign-born
- 0.4%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Syracuse ›
Education in Syracuse
19.3% of adults 25 and older in Syracuse have a bachelor's degree or higher (Indiana: 29.5%), and 8.4% have a graduate or professional degree.
Jobs and commute in Syracuse
- Unemployment rate
- 1.8%State: 4.3%
- Average commute
- 19 minState: 24 min
- Work from home
- 4.2%
- Drive alone
- 78.5%
- Public transit
- 0%
- Walk to work
- 2.7%
- Homes with broadband
- 82.5%
Syracuse vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Syracuse | 3,233 | $71,833 | $199,400 | $1,115 |
| Enchanted Hills | 1,039 | $64,625 | $197,000 | $1,131 |
| Milford | 1,661 | $51,667 | $159,700 | $1,029 |
| Benton | 384 | $105,393 | $146,000 | — |
| New Paris | 1,549 | $74,663 | $223,700 | $1,061 |
| Oswego | 283 | $58,190 | $238,100 | — |
| Cromwell | 631 | $48,698 | $123,100 | $938 |
| North Webster | 866 | $55,278 | $204,500 | $995 |
| Millersburg | 1,077 | $65,833 | $186,400 | $1,082 |
More for people moving to Syracuse
Syracuse ZIP code ›Weather and climate ›Living in Syracuse: FAQ
What is the median household income in Syracuse, IN?
The median household income in Syracuse is $71,833, about the same as 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 Syracuse?
The median home value in Syracuse is $199,400, compared with $218,200 in Indiana.
How much is rent in Syracuse?
The median gross rent in Syracuse is $1,115 per month, about 28.5% of household income.
Is Syracuse, IN a good place to live?
Pluses: home values 9% lower than the state median; an average commute of 19 minutes; unemployment of 1.8%; a poverty rate of 4.2%. Minuses: median household income about the same as the Indiana median.
What is the median age in Syracuse?
The median age in Syracuse is 42 years (Indiana: 38.1).
How long is the commute in Syracuse?
The average commute to work in Syracuse is 19 minutes; 4.2% of workers work from home.
What is the unemployment rate in Syracuse?
The unemployment rate in Syracuse is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Syracuse?
19.3% of adults in Syracuse 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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