Living in Urbana, Indiana
Cost of living, income, home prices, rent and demographics of Urbana · Census data 2020–2024
Urbana has 116 residents with a median age of 42. The median household income is $37,829 (47% lower than the Indiana median), the median home value is $98,900.
Urbana is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Urbana at a glance
- Population
- 116
- Median age
- 42State: 38.1
- Median household income
- $37,829State: $71,957
- Median home value
- $98,900State: $218,200
- Homeowners
- 81.4%
- Bachelor's degree or higher
- 18.2%
Is Urbana a good place to live?
Pros: Home values 55% lower than the state median.
Cons: Median household income 47% lower than the Indiana median; unemployment of 50.7%; a poverty rate of 33.6%.
The weather is best in June to September.
Cost of living in Urbana
Housing is the biggest part of the cost of living. In Urbana the median home value is $98,900, 70% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,078 a month in housing costs.
Urbana median household income
The median household income in Urbana is $37,829 and the income per person is $24,834. 33.6% of residents live below the poverty line (Indiana: 12.3%).
Housing in Urbana: homes for sale and rent
- Housing units
- 59
- Owner-occupied
- 81.4%
- Renter-occupied
- 18.6%
- Vacant
- 0%Includes seasonal homes
- Median year built
- 1952
- Average household size
- 1.97
Urbana demographics
- Population
- 116
- Median age
- 42
- Under 18
- 0%
- 65 and older
- 31%
- Households
- 59
- Foreign-born
- 0%
- Veterans
- 11.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Urbana ›
Education in Urbana
18.2% of adults 25 and older in Urbana have a bachelor's degree or higher (Indiana: 29.5%), and 0% have a graduate or professional degree.
Jobs and commute in Urbana
- Unemployment rate
- 50.7%State: 4.3%
- Average commute
- —State: 24 min
- Work from home
- 0%
- Drive alone
- 68.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 86.4%
Urbana vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Urbana | 116 | $37,829 | $98,900 | — |
| Lagro | 330 | $58,958 | $80,000 | $988 |
| Laketon | 460 | $60,104 | $162,500 | — |
| Wabash | 10,358 | $53,410 | $116,500 | $739 |
| Roann | 479 | $58,542 | $95,900 | $825 |
| North Manchester | 4,819 | $61,296 | $138,200 | $660 |
| Andrews | 1,038 | $49,500 | $90,500 | $692 |
| Liberty Mills | 139 | $60,962 | $46,800 | — |
| Silver Lake | 857 | $55,272 | $112,000 | $1,158 |
More for people moving to Urbana
Urbana ZIP code ›Weather and climate ›Living in Urbana: FAQ
What is the median household income in Urbana, IN?
The median household income in Urbana is $37,829, 47% 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 Urbana?
The median home value in Urbana is $98,900, compared with $218,200 in Indiana.
Is Urbana, IN a good place to live?
Pluses: home values 55% lower than the state median. Minuses: median household income 47% lower than the Indiana median; unemployment of 50.7%; a poverty rate of 33.6%.
What is the median age in Urbana?
The median age in Urbana is 42 years (Indiana: 38.1).
What is the unemployment rate in Urbana?
The unemployment rate in Urbana is 50.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Urbana?
18.2% of adults in Urbana 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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