Living in Versailles, Indiana
Cost of living, income, home prices, rent and demographics of Versailles · Census data 2020–2024
Versailles has 2,037 residents with a median age of 36.4. The median household income is $45,758 (36% lower than the Indiana median), the median home value is $169,200, the median rent is $757/month.
Versailles at a glance
- Population
- 2,037
- Median age
- 36.4State: 38.1
- Median household income
- $45,758State: $71,957
- Median home value
- $169,200State: $218,200
- Median rent
- $757/moState: $1,062
- Homeowners
- 55.5%
- Bachelor's degree or higher
- 12.5%
- Average commute
- 28 min
Is Versailles a good place to live?
Pros: Home values 22% lower than the state median; unemployment of 3.5%.
Cons: Median household income 36% lower than the Indiana median; an average commute of 28 minutes; a poverty rate of 17.6%.
The weather is best in June to September.
Cost of living in Versailles
Housing is the biggest part of the cost of living. In Versailles the median home value is $169,200, 49% lower than the U.S. median. Renters pay a median of $757 per month, which is 28.6% of household income. Homeowners with a mortgage pay $1,125 a month in housing costs.
Versailles median household income
The median household income in Versailles is $45,758 and the income per person is $26,981. 17.6% of residents live below the poverty line (Indiana: 12.3%).
Housing in Versailles: homes for sale and rent
- Housing units
- 930
- Owner-occupied
- 55.5%
- Renter-occupied
- 44.5%
- Vacant
- 8.4%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.30
Versailles demographics
- Population
- 2,037
- Median age
- 36.4
- Under 18
- 21.4%
- 65 and older
- 15.5%
- Households
- 852
- Foreign-born
- 1.7%
- Veterans
- 3.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Versailles ›
Education in Versailles
12.5% of adults 25 and older in Versailles have a bachelor's degree or higher (Indiana: 29.5%), and 3.4% have a graduate or professional degree.
Jobs and commute in Versailles
- Unemployment rate
- 3.5%State: 4.3%
- Average commute
- 28 minState: 24 min
- Work from home
- 3.8%
- Drive alone
- 82.1%
- Public transit
- 0%
- Walk to work
- 4.7%
- Homes with broadband
- 92.7%
Versailles vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Versailles | 2,037 | $45,758 | $169,200 | $757 |
| Osgood | 1,637 | $52,625 | $149,800 | $865 |
| Delaware | 489 | $64,167 | $206,500 | — |
| New Marion | 227 | $16,940 | $9,999 | — |
| Holton | 502 | $62,375 | $98,600 | $1,005 |
| Milan | 1,942 | $59,286 | $157,400 | $755 |
| Moores Hill | 629 | $68,750 | $143,800 | $1,192 |
| Napoleon | 205 | $63,125 | $162,500 | $603 |
| Dillsboro | 1,697 | $48,810 | $149,500 | $956 |
More for people moving to Versailles
Versailles ZIP code ›Weather and climate ›Living in Versailles: FAQ
What is the median household income in Versailles, IN?
The median household income in Versailles is $45,758, 36% 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 Versailles?
The median home value in Versailles is $169,200, compared with $218,200 in Indiana.
How much is rent in Versailles?
The median gross rent in Versailles is $757 per month, about 28.6% of household income.
Is Versailles, IN a good place to live?
Pluses: home values 22% lower than the state median; unemployment of 3.5%. Minuses: median household income 36% lower than the Indiana median; an average commute of 28 minutes; a poverty rate of 17.6%.
What is the median age in Versailles?
The median age in Versailles is 36.4 years (Indiana: 38.1).
How long is the commute in Versailles?
The average commute to work in Versailles is 28 minutes; 3.8% of workers work from home.
What is the unemployment rate in Versailles?
The unemployment rate in Versailles is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Versailles?
12.5% of adults in Versailles 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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