Living in Universal, Indiana
Cost of living, income, home prices, rent and demographics of Universal · Census data 2020–2024
Universal has 173 residents with a median age of 46.2. The median household income is $53,750 (25% lower than the Indiana median), the median home value is $64,300, the median rent is $567/month.
Universal is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Universal at a glance
- Population
- 173
- Median age
- 46.2State: 38.1
- Median household income
- $53,750State: $71,957
- Median home value
- $64,300State: $218,200
- Median rent
- $567/moState: $1,062
- Homeowners
- 81.1%
- Bachelor's degree or higher
- 10.3%
- Average commute
- 15 min
Is Universal a good place to live?
Pros: Home values 71% lower than the state median; an average commute of 15 minutes.
Cons: Median household income 25% lower than the Indiana median; unemployment of 7.2%; a poverty rate of 17.3%.
The weather is best in April–May and September–October.
Cost of living in Universal
Housing is the biggest part of the cost of living. In Universal the median home value is $64,300, 81% lower than the U.S. median. Renters pay a median of $567 per month, which is 31.7% of household income. Homeowners with a mortgage pay $617 a month in housing costs.
Universal median household income
The median household income in Universal is $53,750 and the income per person is $24,578. 17.3% of residents live below the poverty line (Indiana: 12.3%).
Housing in Universal: homes for sale and rent
- Housing units
- 87
- Owner-occupied
- 81.1%
- Renter-occupied
- 18.9%
- Vacant
- 14.9%Includes seasonal homes
- Median year built
- 1949
- Average household size
- 2.34
Universal demographics
- Population
- 173
- Median age
- 46.2
- Under 18
- 23.1%
- 65 and older
- 22.5%
- Households
- 74
- Foreign-born
- 0.6%
- Veterans
- 11.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Universal ›
Education in Universal
10.3% of adults 25 and older in Universal have a bachelor's degree or higher (Indiana: 29.5%), and 4% have a graduate or professional degree.
Jobs and commute in Universal
- Unemployment rate
- 7.2%State: 4.3%
- Average commute
- 15 minState: 24 min
- Work from home
- 9.7%
- Drive alone
- 83.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 87.8%
Universal vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Universal | 173 | $53,750 | $64,300 | $567 |
| New Goshen | 526 | $68,214 | $95,000 | — |
| Libertyville | 141 | $81,375 | $82,500 | — |
| Clinton | 4,794 | $42,922 | $101,600 | $722 |
| Tecumseh | 638 | $91,750 | $251,000 | — |
| Fairview Park | 1,470 | $62,778 | $104,800 | $833 |
| Lyford | 438 | $48,548 | — | — |
| North Terre Haute | 4,534 | $54,640 | $152,900 | $695 |
| St. Mary of the Woods | 959 | $28,114 | — | $490 |
More for people moving to Universal
Universal ZIP code ›Weather and climate ›Living in Universal: FAQ
What is the median household income in Universal, IN?
The median household income in Universal is $53,750, 25% 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 Universal?
The median home value in Universal is $64,300, compared with $218,200 in Indiana.
How much is rent in Universal?
The median gross rent in Universal is $567 per month, about 31.7% of household income.
Is Universal, IN a good place to live?
Pluses: home values 71% lower than the state median; an average commute of 15 minutes. Minuses: median household income 25% lower than the Indiana median; unemployment of 7.2%; a poverty rate of 17.3%.
What is the median age in Universal?
The median age in Universal is 46.2 years (Indiana: 38.1).
How long is the commute in Universal?
The average commute to work in Universal is 15 minutes; 9.7% of workers work from home.
What is the unemployment rate in Universal?
The unemployment rate in Universal is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Universal?
10.3% of adults in Universal 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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