Galena, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Galena, Indiana had a total population of 1,549, the 274th largest community in Indiana, with a median household income of $127,738, which is 78% higher than the state average. The poverty rate is 1.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 78% above the state average — one of the wealthiest communities in Indiana.
- An exceptionally low poverty rate of 1.8% — among the lowest in Indiana.
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
Galena Quick Facts
How Galena 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 | 1,618 | 1,549 | -4.3% |
| Median household income | $112,411 | $127,738 | +13.6% |
| Median home value | $269,000 | $281,200 | +4.5% |
How Galena 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+)
Galena Rankings in Indiana
Explore Indiana Rankings
Other Cities in Floyd County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| New Albany | 37,581 | $54,710 | 18.9% | $180,500 |
| Georgetown | 3,800 | $113,265 | 2.1% | $302,300 |
| Greenville | 1,575 | $134,934 | 5.6% | $318,900 |
Cities Similar to Galena
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Greenville | 1,575 | $134,934 | $318,900 | 36.3% | 5.6% |
| Darmstadt | 1,508 | $107,188 | $330,100 | 45.9% | 3.3% |
| Foxcliff Estates | 1,674 | $142,070 | $488,800 | 51.2% | 2.8% |
| Aberdeen | 1,490 | $94,926 | $367,100 | 48.4% | 1.4% |
| Barbee | 1,464 | $95,375 | $244,500 | 16.9% | 3.8% |
Population Overview
Galena is a small community located in Indiana, within Floyd County. The total population is 1,549. It ranks as the 274th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Galena is 46.3 years. This is 22% higher than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Galena is $127,738. This is 78% higher than the state median of $71,957. It is also 58% higher than the national median of $80,734. The poverty rate stands at 1.8%. This is 86% lower than the state poverty rate of 12.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.8%. This is 12% higher than the state rate of 4.3%. The median home value is $281,200. Housing costs are 29% higher than the state median of $218,200. With a home-value-to-income ratio of just 2.2x, Galena is one of the most affordable housing markets in the area. 98.9% of occupied housing units are owner-occupied. This homeownership rate is 40% higher than the state average of 70.5%.
Race & Ethnicity
Galena has a predominantly White (non-Hispanic) population, comprising 92.6% of all residents. Hispanic or Latino residents account for 3.9%. The Black or African American population (1.2%) is well below the state average of 9.1%. The Hispanic or Latino population (3.9%) is well below the state average of 8.6%.
Education
32.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 10% higher 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 97.3%.
Data Sources & Methodology
All demographic data for Galena, 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 Galena, Indiana?
Galena, Indiana has a population of 1,549 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Galena, IN?
The median household income in Galena is $127,738, which is 58% higher than the national median of $80,734.
What is the poverty rate in Galena, IN?
The poverty rate in Galena is 1.8%. This means approximately 27 residents live below the federal poverty line.
What is the racial makeup of Galena, Indiana?
Galena's population is 92.6% White, 1.2% Black, 3.9% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Galena, IN?
The median home value in Galena is $281,200. The home-value-to-income ratio is 2.2x.
How educated is Galena, Indiana?
32.3% of adults (25+) in Galena hold a bachelor's degree or higher, and 7.4% hold a graduate or professional degree.