Living in Windfall City, Indiana
Cost of living, income, home prices, rent and demographics of Windfall City · Census data 2020–2024
Windfall City has 705 residents with a median age of 43. The median household income is $58,550 (19% lower than the Indiana median), the median home value is $88,700, the median rent is $869/month.
Windfall City is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Windfall City at a glance
- Population
- 705
- Median age
- 43State: 38.1
- Median household income
- $58,550State: $71,957
- Median home value
- $88,700State: $218,200
- Median rent
- $869/moState: $1,062
- Homeowners
- 82.4%
- Bachelor's degree or higher
- 11.8%
- Average commute
- 28 min
Is Windfall City a good place to live?
Pros: Home values 59% lower than the state median; unemployment of 1.2%.
Cons: Median household income 19% lower than the Indiana median; an average commute of 28 minutes; a poverty rate of 15.4%.
The weather is best in May–June and August–September.
Cost of living in Windfall City
Housing is the biggest part of the cost of living. In Windfall City the median home value is $88,700, 73% lower than the U.S. median. Renters pay a median of $869 per month, which is 25.8% of household income. Homeowners with a mortgage pay $1,075 a month in housing costs.
Windfall City median household income
The median household income in Windfall City is $58,550 and the income per person is $31,642. 15.4% of residents live below the poverty line (Indiana: 12.3%).
Housing in Windfall City: homes for sale and rent
- Housing units
- 371
- Owner-occupied
- 82.4%
- Renter-occupied
- 17.6%
- Vacant
- 15.6%Includes seasonal homes
- Median year built
- 1949
- Average household size
- 2.25
Windfall City demographics
- Population
- 705
- Median age
- 43
- Under 18
- 18.7%
- 65 and older
- 14.9%
- Households
- 313
- Foreign-born
- 0%
- Veterans
- 6.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Windfall City ›
Education in Windfall City
11.8% of adults 25 and older in Windfall City have a bachelor's degree or higher (Indiana: 29.5%), and 1.8% have a graduate or professional degree.
Jobs and commute in Windfall City
- Unemployment rate
- 1.2%State: 4.3%
- Average commute
- 28 minState: 24 min
- Work from home
- 8.3%
- Drive alone
- 78.4%
- Public transit
- 0%
- Walk to work
- 4%
- Homes with broadband
- 83.7%
Windfall City vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Windfall City | 705 | $58,550 | $88,700 | $869 |
| Hemlock | 132 | $126,083 | $208,300 | — |
| Sharpsville | 662 | $92,500 | $116,700 | $1,116 |
| Tipton | 5,280 | $59,828 | $161,700 | $848 |
| Center | 605 | $103,875 | $230,000 | — |
| Greentown | 2,094 | $60,521 | $123,400 | $850 |
| Elwood | 8,356 | $53,280 | $97,800 | $860 |
| Atlanta | 816 | $69,286 | $148,400 | $1,134 |
| Goldsmith | 279 | $160,439 | $291,200 | — |
More for people moving to Windfall City
Windfall City ZIP code ›Weather and climate ›Living in Windfall City: FAQ
What is the median household income in Windfall City, IN?
The median household income in Windfall City is $58,550, 19% 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 Windfall City?
The median home value in Windfall City is $88,700, compared with $218,200 in Indiana.
How much is rent in Windfall City?
The median gross rent in Windfall City is $869 per month, about 25.8% of household income.
Is Windfall City, IN a good place to live?
Pluses: home values 59% lower than the state median; unemployment of 1.2%. Minuses: median household income 19% lower than the Indiana median; an average commute of 28 minutes; a poverty rate of 15.4%.
What is the median age in Windfall City?
The median age in Windfall City is 43 years (Indiana: 38.1).
How long is the commute in Windfall City?
The average commute to work in Windfall City is 28 minutes; 8.3% of workers work from home.
What is the unemployment rate in Windfall City?
The unemployment rate in Windfall City is 1.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Windfall City?
11.8% of adults in Windfall City 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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