Living in Trafalgar, Indiana
Cost of living, income, home prices, rent and demographics of Trafalgar · Census data 2020–2024
Trafalgar has 1,469 residents with a median age of 39.1. The median household income is $77,885 (8% higher than the Indiana median), the median home value is $233,600, the median rent is $1,024/month.
Trafalgar is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Trafalgar at a glance
- Population
- 1,469
- Median age
- 39.1State: 38.1
- Median household income
- $77,885State: $71,957
- Median home value
- $233,600State: $218,200
- Median rent
- $1,024/moState: $1,062
- Homeowners
- 77.6%
- Bachelor's degree or higher
- 21.3%
- Average commute
- 32 min
Is Trafalgar a good place to live?
Pros: Median household income 8% higher than the Indiana median; unemployment of 4.3%; a poverty rate of 5.1%.
Cons: Home values 7% higher than the state median; an average commute of 32 minutes.
The weather is best in June to September.
Cost of living in Trafalgar
Housing is the biggest part of the cost of living. In Trafalgar the median home value is $233,600, 30% lower than the U.S. median. Renters pay a median of $1,024 per month, which is 43.1% of household income. Homeowners with a mortgage pay $1,477 a month in housing costs.
Trafalgar median household income
The median household income in Trafalgar is $77,885 and the income per person is $36,781. 5.1% of residents live below the poverty line (Indiana: 12.3%).
Housing in Trafalgar: homes for sale and rent
- Housing units
- 590
- Owner-occupied
- 77.6%
- Renter-occupied
- 22.4%
- Vacant
- 4.1%Includes seasonal homes
- Median year built
- 1999
- Average household size
- 2.59
Trafalgar demographics
- Population
- 1,469
- Median age
- 39.1
- Under 18
- 24.2%
- 65 and older
- 13.8%
- Households
- 566
- Foreign-born
- 1.2%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Trafalgar ›
Education in Trafalgar
21.3% of adults 25 and older in Trafalgar have a bachelor's degree or higher (Indiana: 29.5%), and 5.5% have a graduate or professional degree.
Jobs and commute in Trafalgar
- Unemployment rate
- 4.3%State: 4.3%
- Average commute
- 32 minState: 24 min
- Work from home
- 13.6%
- Drive alone
- 72.2%
- Public transit
- 1.2%
- Walk to work
- 2.1%
- Homes with broadband
- 89.4%
Trafalgar vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Trafalgar | 1,469 | $77,885 | $233,600 | $1,024 |
| Nineveh | 559 | $54,233 | $176,000 | — |
| Prince's Lakes | 1,188 | $89,375 | $245,000 | $1,292 |
| Morgantown | 1,308 | $54,007 | $133,600 | $908 |
| Cordry Sweetwater Lakes | 1,190 | $94,583 | $340,900 | — |
| Franklin | 26,168 | $82,380 | $231,500 | $1,186 |
| Bargersville | 10,752 | $114,231 | $438,900 | $1,379 |
| New Whiteland | 5,704 | $89,918 | $211,800 | $1,465 |
| Pleasant View Village | 625 | $95,682 | $193,600 | — |
More for people moving to Trafalgar
Trafalgar ZIP code ›Weather and climate ›Living in Trafalgar: FAQ
What is the median household income in Trafalgar, IN?
The median household income in Trafalgar is $77,885, 8% higher 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 Trafalgar?
The median home value in Trafalgar is $233,600, compared with $218,200 in Indiana.
How much is rent in Trafalgar?
The median gross rent in Trafalgar is $1,024 per month, about 43.1% of household income.
Is Trafalgar, IN a good place to live?
Pluses: median household income 8% higher than the Indiana median; unemployment of 4.3%; a poverty rate of 5.1%. Minuses: home values 7% higher than the state median; an average commute of 32 minutes.
What is the median age in Trafalgar?
The median age in Trafalgar is 39.1 years (Indiana: 38.1).
How long is the commute in Trafalgar?
The average commute to work in Trafalgar is 32 minutes; 13.6% of workers work from home.
What is the unemployment rate in Trafalgar?
The unemployment rate in Trafalgar is 4.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Trafalgar?
21.3% of adults in Trafalgar 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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