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Anderson city, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Anderson city, Indiana has a total population of 54,930, the 16th largest city in Indiana, with a median household income of $47,221, which is 33% lower than the state average. The poverty rate is 20.4%.

Key Takeaways

Anderson city Quick Facts

Population 54,930
Median Household Income $47,221
Median Home Value $104,300
Poverty Rate 20.4%
Unemployment Rate 7.5%
Median Age 38.2 years
Homeownership Rate 55.5%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 16.1%
High School Graduation Rate 87.5%
Diversity Index 45/100
Population 54,930 16th of 967
Median Income $47,221 bottom 20%
Poverty Rate 20.4% 64% higher national
Median Home Value $104,300 bottom 30%

How Anderson city Compares

Economy & Housing

Employment

7.5% Unemployment Rate State: 4.3% | National: 5.2%
57.2% Labor Force Participation

Housing Overview

Owner 55.5%
Renter 44.5%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

45out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 40 | National average: 60

Education

Anderson city Rankings in Indiana

#16 Population of 967
#682 Median Income of 967
#426 Education of 967
#578 Home Value of 967

Cities Similar to Anderson city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Elkhart city53,726$47,885$126,90017.4%18.8%
Terre Haute city58,491$41,960$109,50023.1%26.7%
Mishawaka city50,907$53,120$140,60027.9%16.3%
Kokomo city59,375$54,195$126,50017.2%15.4%
Muncie city64,739$43,395$92,00025.7%29.6%

Population Overview

Anderson city is a mid-sized community located in Indiana. The total population is 54,930. It ranks as the 16th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Anderson city is 38.2 years. This is about average than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Anderson city is $47,221. This is 33% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 40% lower. The poverty rate stands at 20.4%. This is 67% higher than the state poverty rate of 12.2%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 7.5%. This is 75% higher than the state rate of 4.3%. The median home value is $104,300. Housing costs are 48% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.2x, Anderson city is one of the most affordable housing markets in the area. 55.5% of occupied housing units are owner-occupied. This homeownership rate is 21% lower than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Anderson city is White (non-Hispanic), making up 72.4% of the population. Black or African American residents account for 11.9%. The Asian population (0.5%) is well below the state average of 2.5%.

Education

16.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% 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 87.5%.

Data Sources & Methodology

All demographic data for Anderson city, 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.

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Frequently Asked Questions

What is the population of Anderson city, Indiana?

Anderson city, Indiana has a population of 54,930 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Anderson city, IN?

The median household income in Anderson city is $47,221, which is 40% lower the national median of $78,538.

What is the poverty rate in Anderson city, IN?

The poverty rate in Anderson city is 20.4%. This means approximately 10,730 residents live below the federal poverty line.

What is the racial makeup of Anderson city, Indiana?

Anderson city's population is 72.4% White, 11.9% Black, 8.4% Hispanic/Latino, and 0.5% Asian.

What is the median home value in Anderson city, IN?

The median home value in Anderson city is $104,300. The home-value-to-income ratio is 2.2x.

How educated is Anderson city, Indiana?

16.1% of adults (25+) in Anderson city hold a bachelor's degree or higher, and 6.2% hold a graduate or professional degree.