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Advance town, Indiana Demographics & Population 2026

As of 2026, Advance town, Indiana has a total population of 418, the 551st largest city in Indiana, with a median household income of $65,000, which is 7% lower than the state average. The poverty rate is 8.1%.

Key Takeaways

Advance town Quick Facts

Population 418
Median Household Income $65,000
Median Home Value $164,800
Poverty Rate 8.1%
Unemployment Rate 1.3%
Median Age 47.0 years
Homeownership Rate 83.5%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 23.7%
High School Graduation Rate 90.4%
Diversity Index 6/100
Population 418 551st of 967
Median Income $65,000 average
Poverty Rate 8.1% 35% lower national
Median Home Value $164,800 above average

How Advance town Compares

Economy & Housing

Employment

1.3% Unemployment Rate State: 4.3% | National: 5.2%
67.5% Labor Force Participation

Housing Overview

Owner 83.5%
Renter 16.5%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

6out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Advance town Rankings in Indiana

#551 Population of 967
#354 Median Income of 967
#239 Education of 967
#292 Home Value of 967

Cities Similar to Advance town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
St. Joe town420$61,875$85,4006.2%8.7%
Wilkinson town427$63,500$132,5009.3%5.4%
Charlottesville CDP403N/A$210,40030.6%0.0%
Larwill town421$61,250$85,40035.0%24.3%
Dubois CDP399N/AN/A29.4%30.8%

Population Overview

Advance town is a small community located in Indiana. The total population is 418. It ranks as the 551st most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Advance town is 47.0 years. This is 24% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Advance town is $65,000. This is 7% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 17% lower. The poverty rate stands at 8.1%. This is 33% lower than the state poverty rate of 12.2%. The unemployment rate is 1.3%. This is 70% lower than the state rate of 4.3%. The median home value is $164,800. Housing costs are 18% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.5x, Advance town is one of the most affordable housing markets in the area. 83.5% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 70.3%.

Race & Ethnicity

Advance town has a predominantly White (non-Hispanic) population, comprising 97.1% of all residents. Hispanic or Latino residents account for 0.5%. The Hispanic or Latino population (0.5%) is well below the state average of 8.4%.

Education

23.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 18% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.4%.

Data Sources & Methodology

All demographic data for Advance town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Advance town, Indiana?

Advance town, Indiana has a population of 418 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Advance town, IN?

The median household income in Advance town is $65,000, which is 17% lower the national median of $78,538.

What is the poverty rate in Advance town, IN?

The poverty rate in Advance town is 8.1%. This means approximately 34 residents live below the federal poverty line.

What is the racial makeup of Advance town, Indiana?

Advance town's population is 97.1% White, 0.0% Black, 0.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Advance town, IN?

The median home value in Advance town is $164,800. The home-value-to-income ratio is 2.5x.

How educated is Advance town, Indiana?

23.7% of adults (25+) in Advance town hold a bachelor's degree or higher, and 8.0% hold a graduate or professional degree.