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Cloverdale, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Cloverdale, Indiana had a total population of 2,195, the 214th largest town in Indiana, with a median household income of $42,243, which is 41% lower than the state average. The poverty rate is 14.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Cloverdale Quick Facts

Population 2,195
Median Household Income $42,243
Median Home Value $136,500
Poverty Rate 14.9%
Unemployment Rate 5.2%
Median Age 52.5 years
Homeownership Rate 61.1%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 14.9%
High School Graduation Rate 92.9%
Diversity Index 17/100
Population 2,195 214th of 967
Median Income $42,243 bottom 10%
Poverty Rate 14.9% 20% higher than national
Median Home Value $136,500 average

How Cloverdale Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,2192,195-1.1%
Median household income$47,016$42,243-10.2%
Median home value$117,300$136,500+16.4%

How Cloverdale Compares

Economy & Housing

Household Income Distribution

Under $25K 26.1%
$25K-$50K 27.8%
$50K-$100K 28.6%
$100K+ 17.5%
Detailed income brackets
Under $10K
2.2%
$10K-$15K
7.3%
$15K-$20K
6.2%
$20K-$25K
10.4%
$25K-$30K
7.5%
$30K-$35K
6.1%
$35K-$40K
4.3%
$40K-$45K
7.4%
$45K-$50K
2.6%
$50K-$60K
8.8%
$60K-$75K
7.1%
$75K-$100K
12.8%
$100K-$125K
10.1%
$125K-$150K
3.1%
$150K-$200K
3.9%
$200K+
0.5%

Employment

5.2% Unemployment Rate State: 4.3%|National: 5.2%
56.4% Labor Force Participation

Housing Overview

Owner 61.1%
Renter 38.9%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $743/mo 21.1% of median household income annually

People & Demographics

Diversity Index

17out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Cloverdale Rankings in Indiana

#214 Population of 967
#742 Median Income of 796
#471 Education of 966
#457 Home Value of 818

Other Cities in Putnam County

CityPopulationMedian IncomePovertyHome Value
Greencastle 9,864 $55,565 12.2% $169,200
Heritage Lake 3,227 $87,568 13.3% $262,900
Roachdale 971 $66,216 18.7% $143,400
Fillmore 895 $85,543 5.0% $110,000
Van Bibber Lake 658 $37,315 14.3% $65,500
Bainbridge 605 $59,712 13.7% $180,500
Russellville 308 $72,875 6.8% $120,800

Cities Similar to Cloverdale

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Oakland City2,262$48,850$109,50014.0%14.2%
Knightstown2,241$49,792$130,00016.5%22.0%
Liberty2,052$45,500$122,00022.1%18.7%
Jasonville1,979$41,328$65,9004.0%14.8%
Versailles2,037$45,758$169,20012.4%17.6%

Population Overview

Cloverdale is a small community located in Indiana, within Putnam County. The total population is 2,195. It ranks as the 214th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Cloverdale is 52.5 years. This is 38% higher than the state median of 38.1 years. Only 13.3% of residents are under 18, indicating fewer families with children. 10.8% 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 is $42,243. This is 41% lower than the state median of $71,957. It is also 48% lower than the national median of $80,734. The poverty rate stands at 14.9%. This is 21% higher than the state poverty rate of 12.3%. The unemployment rate is 5.2%. This is 22% higher than the state rate of 4.3%. The median home value is $136,500. Housing costs are 37% lower than the state median of $218,200. The home-value-to-income ratio is 3.2x. 61.1% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 70.5%.

Race & Ethnicity

Cloverdale has a predominantly White (non-Hispanic) population, comprising 91.0% of all residents. Black or African American residents account for 5.8%. The Hispanic or Latino population (0.2%) is well below the state average of 8.6%. The Asian population (1.1%) is well below the state average of 2.6%.

Education

14.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% 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 92.9%.

Data Sources & Methodology

All demographic data for Cloverdale, 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 Cloverdale, Indiana?

Cloverdale, Indiana has a population of 2,195 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cloverdale, IN?

The median household income in Cloverdale is $42,243, which is 48% lower than the national median of $80,734.

What is the poverty rate in Cloverdale, IN?

The poverty rate in Cloverdale is 14.9%. This means approximately 320 residents live below the federal poverty line.

What is the racial makeup of Cloverdale, Indiana?

Cloverdale's population is 91.0% White, 5.8% Black, 0.2% Hispanic/Latino, and 1.1% Asian.

What is the median home value in Cloverdale, IN?

The median home value in Cloverdale is $136,500. The home-value-to-income ratio is 3.2x.

How educated is Cloverdale, Indiana?

14.9% of adults (25+) in Cloverdale hold a bachelor's degree or higher, and 4.2% hold a graduate or professional degree.