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Gas City, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.1x is exceptionally low

During the 2020–2024 ACS period, Gas City, Indiana had a total population of 6,076, the 116th largest city in Indiana, with a median household income of $55,982, which is 22% lower than the state average. The poverty rate is 16.8%.

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

Key Takeaways

Gas City Quick Facts

Population 6,076
Median Household Income $55,982
Median Home Value $119,300
Poverty Rate 16.8%
Unemployment Rate 2.0%
Median Age 44.9 years
Homeownership Rate 71.6%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 15.1%
High School Graduation Rate 92.0%
Diversity Index 20/100
Population 6,076 116th of 967
Median Income $55,982 below average
Poverty Rate 16.8% 35% higher than national
Median Home Value $119,300 below average

How Gas City 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
Population6,0976,076-0.3%
Median household income$57,106$55,982-2.0%
Median home value$122,800$119,300-2.9%

How Gas City Compares

Economy & Housing

Household Income Distribution

Under $25K 21.1%
$25K-$50K 21.9%
$50K-$100K 35.6%
$100K+ 21.4%
Detailed income brackets
Under $10K
4.7%
$10K-$15K
8.7%
$15K-$20K
4.2%
$20K-$25K
3.5%
$25K-$30K
6.0%
$30K-$35K
2.7%
$35K-$40K
4.3%
$40K-$45K
5.5%
$45K-$50K
3.4%
$50K-$60K
11.3%
$60K-$75K
16.2%
$75K-$100K
8.2%
$100K-$125K
7.3%
$125K-$150K
6.4%
$150K-$200K
3.9%
$200K+
3.7%

Employment

2.0% Unemployment Rate State: 4.3%|National: 5.2%
59.9% Labor Force Participation

Housing Overview

Owner 71.6%
Renter 28.4%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $901/mo 19.3% of median household income annually

People & Demographics

Diversity Index

20out 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

Gas City Rankings in Indiana

#116 Population of 967
#537 Median Income of 796
#463 Education of 966
#536 Home Value of 818

Other Cities in Grant County

CityPopulationMedian IncomePovertyHome Value
Marion 27,531 $43,343 29.6% $85,300
Upland 3,918 $83,839 9.7% $203,200
Fairmount 2,662 $51,739 25.7% $103,200
Jonesboro 1,578 $45,833 16.3% $79,500
Sweetser 1,061 $80,625 11.8% $153,400
Swayzee 846 $65,391 10.8% $121,000
Converse 813 $65,536 18.9% $103,800
Van Buren 782 $47,692 19.7% $69,800
Matthews 501 $50,048 15.5% $80,100
Herbst 309 $40,366 20.4% N/A

Cities Similar to Gas City

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Rushville6,036$53,434$127,30014.2%17.3%
Rochester6,215$57,008$137,40018.3%18.1%
Huntingburg6,396$54,421$143,80019.1%16.0%
Salem6,489$56,538$144,70015.6%25.7%
Portland6,416$51,513$96,70012.9%17.3%

Population Overview

Gas City is a small city located in Indiana, within Grant County. The total population is 6,076. It ranks as the 116th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Gas City is 44.9 years. This is 18% higher than the state median of 38.1 years. 12.7% 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 Gas City is $55,982. This is 22% lower than the state median of $71,957. It is also 31% lower than the national median of $80,734. The poverty rate stands at 16.8%. This is 36% higher than the state poverty rate of 12.3%. The unemployment rate is 2.0%. This is 54% lower than the state rate of 4.3%. The median home value is $119,300. Housing costs are 45% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.1x, Gas City is one of the most affordable housing markets in the area. 71.6% of occupied housing units are owner-occupied. This homeownership rate is 1% higher than the state average of 70.5%.

Race & Ethnicity

Gas City has a predominantly White (non-Hispanic) population, comprising 88.9% of all residents. Hispanic or Latino residents account for 4.7%. The Black or African American population (0.8%) is well below the state average of 9.1%. The Asian population (0.3%) is well below the state average of 2.6%.

Education

15.1% 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 92.0%.

Data Sources & Methodology

All demographic data for Gas City, 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 Gas City, Indiana?

Gas City, Indiana has a population of 6,076 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Gas City, IN?

The median household income in Gas City is $55,982, which is 31% lower than the national median of $80,734.

What is the poverty rate in Gas City, IN?

The poverty rate in Gas City is 16.8%. This means approximately 1,007 residents live below the federal poverty line.

What is the racial makeup of Gas City, Indiana?

Gas City's population is 88.9% White, 0.8% Black, 4.7% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Gas City, IN?

The median home value in Gas City is $119,300. The home-value-to-income ratio is 2.1x.

How educated is Gas City, Indiana?

15.1% of adults (25+) in Gas City hold a bachelor's degree or higher, and 3.7% hold a graduate or professional degree.