Living in Indianola, Nebraska
Cost of living, income, home prices, rent and demographics of Indianola · Census data 2020–2024
Indianola has 512 residents with a median age of 39. The median household income is $55,481 (27% lower than the Nebraska median), the median home value is $91,000, the median rent is $644/month.
Indianola is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Indianola at a glance
- Population
- 512
- Median age
- 39State: 37.2
- Median household income
- $55,481State: $76,475
- Median home value
- $91,000State: $238,600
- Median rent
- $644/moState: $1,072
- Homeowners
- 86.3%
- Bachelor's degree or higher
- 15.6%
- Average commute
- 26 min
Is Indianola a good place to live?
Pros: Home values 62% lower than the state median; a poverty rate of 5.7%.
Cons: Median household income 27% lower than the Nebraska median; an average commute of 26 minutes; unemployment of 3.2%.
The weather is best in April–May and September–October.
Cost of living in Indianola
Housing is the biggest part of the cost of living. In Indianola the median home value is $91,000, 73% lower than the U.S. median. Renters pay a median of $644 per month, which is 22.5% of household income. Homeowners with a mortgage pay $883 a month in housing costs.
Indianola median household income
The median household income in Indianola is $55,481 and the income per person is $31,791. 5.7% of residents live below the poverty line (Nebraska: 10.6%).
Housing in Indianola: homes for sale and rent
- Housing units
- 262
- Owner-occupied
- 86.3%
- Renter-occupied
- 13.7%
- Vacant
- 13.4%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.26
Indianola demographics
- Population
- 512
- Median age
- 39
- Under 18
- 25%
- 65 and older
- 22.9%
- Households
- 227
- Foreign-born
- 0%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Indianola ›
Education in Indianola
15.6% of adults 25 and older in Indianola have a bachelor's degree or higher (Nebraska: 34.6%), and 5.9% have a graduate or professional degree.
Jobs and commute in Indianola
- Unemployment rate
- 3.2%State: 3%
- Average commute
- 26 minState: 19 min
- Work from home
- 2.5%
- Drive alone
- 88.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 83.3%
Indianola vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Indianola | 512 | $55,481 | $91,000 | $644 |
| McCook | 7,314 | $56,917 | $154,300 | $823 |
| Cambridge | 1,082 | $61,528 | $123,400 | $771 |
| Holbrook | 273 | $63,750 | $75,000 | $1,089 |
| Culbertson | 634 | $51,875 | $91,300 | $736 |
| Arapahoe | 993 | $57,188 | $97,400 | $838 |
| Curtis | 769 | $58,750 | $149,100 | $590 |
| Oberlin | 1,734 | $52,284 | $88,700 | $593 |
| Herndon | 159 | $65,000 | $48,600 | $375 |
More for people moving to Indianola
Indianola ZIP code ›Weather and climate ›Living in Indianola: FAQ
What is the median household income in Indianola, NE?
The median household income in Indianola is $55,481, 27% lower than the Nebraska median of $76,475 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Indianola?
The median home value in Indianola is $91,000, compared with $238,600 in Nebraska.
How much is rent in Indianola?
The median gross rent in Indianola is $644 per month, about 22.5% of household income.
Is Indianola, NE a good place to live?
Pluses: home values 62% lower than the state median; a poverty rate of 5.7%. Minuses: median household income 27% lower than the Nebraska median; an average commute of 26 minutes; unemployment of 3.2%.
What is the median age in Indianola?
The median age in Indianola is 39 years (Nebraska: 37.2).
How long is the commute in Indianola?
The average commute to work in Indianola is 26 minutes; 2.5% of workers work from home.
What is the unemployment rate in Indianola?
The unemployment rate in Indianola is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Indianola?
15.6% of adults in Indianola 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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