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Cloverdale town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

As of 2026, Cloverdale town, Indiana has a total population of 2,219, the 211th largest city in Indiana, with a median household income of $47,016, which is 33% lower than the state average. The poverty rate is 11.8%.

Key Takeaways

Cloverdale town Quick Facts

Population 2,219
Median Household Income $47,016
Median Home Value $117,300
Poverty Rate 11.8%
Unemployment Rate 5.8%
Median Age 51.2 years
Homeownership Rate 62.8%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 16.5%
High School Graduation Rate 90.0%
Diversity Index 9/100
Population 2,219 211th of 967
Median Income $47,016 bottom 20%
Poverty Rate 11.8% 5% lower national
Median Home Value $117,300 below average

How Cloverdale town Compares

Economy & Housing

Employment

5.8% Unemployment Rate State: 4.3% | National: 5.2%
57.7% Labor Force Participation

Housing Overview

Owner 62.8%
Renter 37.2%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

9out 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

Cloverdale town Rankings in Indiana

#211 Population of 967
#685 Median Income of 967
#410 Education of 967
#499 Home Value of 967

Other Cities in Putnam County

CityPopulationMedian IncomePovertyHome Value
Dale town 1,569 $58,508 4.0% $119,200

Cities Similar to Cloverdale town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Spencer town2,308$47,994$146,30018.3%13.9%
Knightstown town2,154$44,655$121,50013.6%23.7%
Petersburg city2,141$48,924$94,70012.2%15.1%
Vevay town2,087$47,014$122,10011.8%11.2%
Fowler town2,286$51,654$110,30016.4%9.3%

Population Overview

Cloverdale town is a small community located in Indiana, within Putnam County. The total population is 2,219. It ranks as the 211th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Cloverdale town is 51.2 years. This is 35% higher than the state median of 38.0 years. 11.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Cloverdale town is $47,016. 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 11.8%. This is 3% lower than the state poverty rate of 12.2%. The unemployment rate is 5.8%. This is 34% higher than the state rate of 4.3%. The median home value is $117,300. Housing costs are 42% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.5x, Cloverdale town is one of the most affordable housing markets in the area. 62.8% of occupied housing units are owner-occupied. This homeownership rate is 11% lower than the state average of 70.3%.

Race & Ethnicity

Cloverdale town has a predominantly White (non-Hispanic) population, comprising 95.4% of all residents. Black or African American residents account for 2.2%. The Black or African American population (2.2%) is well below the state average of 9.1%. The Hispanic or Latino population (0.6%) is well below the state average of 8.4%.

Education

16.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 43% 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 90.0%.

Data Sources & Methodology

All demographic data for Cloverdale 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 Cloverdale town, Indiana?

Cloverdale town, Indiana has a population of 2,219 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Cloverdale town is $47,016, which is 40% lower the national median of $78,538.

What is the poverty rate in Cloverdale town, IN?

The poverty rate in Cloverdale town is 11.8%. This means approximately 258 residents live below the federal poverty line.

What is the racial makeup of Cloverdale town, Indiana?

Cloverdale town's population is 95.4% White, 2.2% Black, 0.6% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Cloverdale town is $117,300. The home-value-to-income ratio is 2.5x.

How educated is Cloverdale town, Indiana?

16.5% of adults (25+) in Cloverdale town hold a bachelor's degree or higher, and 2.8% hold a graduate or professional degree.