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Boswell town, Indiana Demographics & Population 2026

High PovertyPoverty rate of 32.9% is well above the state average
Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Boswell town, Indiana has a total population of 703, the 438th largest city in Indiana, with a median household income of $49,091, which is 30% lower than the state average. The poverty rate is 32.9%.

Key Takeaways

Boswell town Quick Facts

Population 703
Median Household Income $49,091
Median Home Value $92,400
Poverty Rate 32.9%
Unemployment Rate 2.1%
Median Age 37.4 years
Homeownership Rate 69.4%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 10.9%
High School Graduation Rate 83.8%
Diversity Index 56/100
Population 703 438th of 967
Median Income $49,091 bottom 30%
Poverty Rate 32.9% 164% higher national
Median Home Value $92,400 bottom 20%

How Boswell town Compares

Economy & Housing

Employment

2.1% Unemployment Rate State: 4.3% | National: 5.2%
60.3% Labor Force Participation

Housing Overview

Owner 69.4%
Renter 30.6%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

56out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 40 | National average: 60

Education

Boswell town Rankings in Indiana

#438 Population of 967
#653 Median Income of 967
#600 Education of 967
#660 Home Value of 967

Cities Similar to Boswell town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cromwell town703$48,500$111,80010.5%24.1%
Gaston town709$49,417$87,30015.0%14.9%
Clarks Hill town706$45,875$98,2006.8%16.9%
Harmony town708$53,650$115,1005.0%14.0%
Fountain City town718$46,106$96,90013.6%15.8%

Population Overview

Boswell town is a small community located in Indiana. The total population is 703. It ranks as the 438th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Boswell town is 37.4 years. This is 2% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Boswell town is $49,091. This is 30% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 37% lower. The poverty rate stands at 32.9%. This is 169% 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 2.1%. This is 50% lower than the state rate of 4.3%. The median home value is $92,400. Housing costs are 54% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.9x, Boswell town is one of the most affordable housing markets in the area. 69.4% of occupied housing units are owner-occupied. This homeownership rate is 1% lower than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Boswell town is White (non-Hispanic), making up 56.3% of the population. Hispanic or Latino residents account for 35.0%. The Hispanic or Latino population is significantly higher than the state average (35.0% vs 8.4%).

Education

10.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 62% 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 83.8%.

Data Sources & Methodology

All demographic data for Boswell 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.

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Frequently Asked Questions

What is the population of Boswell town, Indiana?

Boswell town, Indiana has a population of 703 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Boswell town is $49,091, which is 37% lower the national median of $78,538.

What is the poverty rate in Boswell town, IN?

The poverty rate in Boswell town is 32.9%. This means approximately 231 residents live below the federal poverty line.

What is the racial makeup of Boswell town, Indiana?

Boswell town's population is 56.3% White, 6.7% Black, 35.0% Hispanic/Latino, and 1.3% Asian.

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

The median home value in Boswell town is $92,400. The home-value-to-income ratio is 1.9x.

How educated is Boswell town, Indiana?

10.9% of adults (25+) in Boswell town hold a bachelor's degree or higher, and 1.6% hold a graduate or professional degree.