Living in Talma, Indiana
Cost of living, income, home prices, rent and demographics of Talma · Census data 2020–2024
Talma has 150 residents with a median age of 43.4. The median home value is $71,900.
Talma is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Talma at a glance
- Population
- 150
- Median age
- 43.4State: 38.1
- Median home value
- $71,900State: $218,200
- Homeowners
- 44.7%
- Bachelor's degree or higher
- 0%
Is Talma a good place to live?
Pros: Home values 67% lower than the state median.
The weather is best in June to September.
Cost of living in Talma
Housing is the biggest part of the cost of living. In Talma the median home value is $71,900, 78% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Housing in Talma: homes for sale and rent
- Housing units
- 53
- Owner-occupied
- 44.7%
- Renter-occupied
- 55.3%
- Vacant
- 11.3%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 3.19
Talma demographics
- Population
- 150
- Median age
- 43.4
- Under 18
- 36.7%
- 65 and older
- 17.3%
- Households
- 47
- Foreign-born
- 0%
- Veterans
- 9.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Talma ›
Education in Talma
0% of adults 25 and older in Talma have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.
Jobs and commute in Talma
- Unemployment rate
- 0%State: 4.3%
- Average commute
- —State: 24 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Talma vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Talma | 150 | — | $71,900 | — |
| Tippecanoe | 378 | $52,935 | $102,200 | — |
| Mentone | 768 | $60,000 | $112,000 | $797 |
| Rochester | 6,215 | $57,008 | $137,400 | $867 |
| Argos | 1,802 | $61,667 | $129,300 | $946 |
| Burket | 203 | $55,833 | $109,400 | $950 |
| Etna Green | 441 | $63,281 | $98,300 | $660 |
| Akron | 954 | $58,636 | $136,300 | $929 |
| Palestine | 1,085 | $91,653 | $158,200 | $1,083 |
More for people moving to Talma
Talma ZIP code ›Weather and climate ›Living in Talma: FAQ
What is the average home price in Talma?
The median home value in Talma is $71,900, compared with $218,200 in Indiana.
Is Talma, IN a good place to live?
Pluses: home values 67% lower than the state median.
What is the median age in Talma?
The median age in Talma is 43.4 years (Indiana: 38.1).
What is the unemployment rate in Talma?
The unemployment rate in Talma is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Talma?
0% of adults in Talma 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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