Bourbon, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Bourbon, Indiana had a total population of 1,760, the 251st largest town in Indiana, with a median household income of $73,510, which is 2% higher than the state average. The poverty rate is 10.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
Bourbon Quick Facts
How Bourbon Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,816 | 1,760 | -3.1% |
| Median household income | $71,375 | $73,510 | +3.0% |
| Median home value | $156,800 | $164,400 | +4.8% |
How Bourbon Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Bourbon Rankings in Indiana
Explore Indiana Rankings
Other Cities in Marshall County
Cities Similar to Bourbon
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| North Liberty | 1,775 | $75,047 | $162,100 | 29.3% | 8.3% |
| Henryville | 1,691 | $71,667 | $204,000 | 16.5% | 6.9% |
| Churubusco | 1,757 | $65,086 | $152,300 | 21.4% | 9.2% |
| Haubstadt | 1,905 | $74,940 | $228,100 | 24.8% | 4.9% |
| Frankton | 1,658 | $68,611 | $140,400 | 13.7% | 9.2% |
Population Overview
Bourbon is a small community located in Indiana, within Marshall County. The total population is 1,760. It ranks as the 251st most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Bourbon is 34.6 years. This is 9% lower than the state median of 38.1 years. With 30.4% of the population under 18, Bourbon has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Bourbon is $73,510. This is 2% higher than the state median of $71,957. It is also 9% lower than the national median of $80,734. The poverty rate stands at 10.9%. This is 12% lower than the state poverty rate of 12.3%. The unemployment rate is 4.3%. The median home value is $164,400. Housing costs are 25% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.2x, Bourbon is one of the most affordable housing markets in the area. 67.6% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 70.5%.
Race & Ethnicity
Bourbon has a predominantly White (non-Hispanic) population, comprising 90.1% of all residents. Hispanic or Latino residents account for 4.3%. The Black or African American population (0.6%) is well below the state average of 9.1%. The Hispanic or Latino population (4.3%) is well below the state average of 8.6%. The Asian population (0.7%) is well below the state average of 2.6%.
Education
24.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 16% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.5%.
Data Sources & Methodology
All demographic data for Bourbon, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Bourbon, Indiana?
Bourbon, Indiana has a population of 1,760 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Bourbon, IN?
The median household income in Bourbon is $73,510, which is 9% lower than the national median of $80,734.
What is the poverty rate in Bourbon, IN?
The poverty rate in Bourbon is 10.9%. This means approximately 191 residents live below the federal poverty line.
What is the racial makeup of Bourbon, Indiana?
Bourbon's population is 90.1% White, 0.6% Black, 4.3% Hispanic/Latino, and 0.7% Asian.
What is the median home value in Bourbon, IN?
The median home value in Bourbon is $164,400. The home-value-to-income ratio is 2.2x.
How educated is Bourbon, Indiana?
24.7% of adults (25+) in Bourbon hold a bachelor's degree or higher, and 2.9% hold a graduate or professional degree.