Elizabeth town, Indiana Demographics & Population 2026

Population Overview

Elizabeth town is a small community located in Indiana. The total population is 126. It ranks as the 817th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Elizabeth town is 38.8 years. This is 2% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Elizabeth town is $84,750. This is 21% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 8% higher. The poverty rate stands at 3.2%. This is 74% lower than the state poverty rate of 12.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.1%. This is 28% lower than the state rate of 4.3%. The median home value is $127,500. Housing costs are 37% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.5x, Elizabeth town is one of the most affordable housing markets in the area. 86.1% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 70.3%.

Race & Ethnicity

Elizabeth town has a predominantly White (non-Hispanic) population, comprising 96.8% of all residents.

Education

20.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% 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 88.1%.

Data Sources & Methodology

All demographic data for Elizabeth 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.