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Greencastle city, Indiana Demographics & Population 2026

As of 2026, Greencastle city, Indiana has a total population of 9,863, the 87th largest city in Indiana, with a median household income of $54,217, which is 23% lower than the state average. The poverty rate is 8.7%.

Key Takeaways

Greencastle city Quick Facts

Population 9,863
Median Household Income $54,217
Median Home Value $154,000
Poverty Rate 8.7%
Unemployment Rate 1.6%
Median Age 28.7 years
Homeownership Rate 41.1%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 25.8%
High School Graduation Rate 88.9%
Diversity Index 31/100
Population 9,863 87th of 967
Median Income $54,217 below average
Poverty Rate 8.7% 30% lower national
Median Home Value $154,000 above average

How Greencastle city Compares

Economy & Housing

Employment

1.6% Unemployment Rate State: 4.3% | National: 5.2%
59.7% Labor Force Participation

Housing Overview

Owner 41.1%
Renter 58.9%
Affordability Index Very Affordable
2.8x home value to income ratio

People & Demographics

Diversity Index

31out of 100
Low Diversity

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

State average: 40 | National average: 60

Education

Greencastle city Rankings in Indiana

#87 Population of 967
#553 Median Income of 967
#208 Education of 967
#323 Home Value of 967

Cities Similar to Greencastle city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Decatur city9,769$58,867$132,90012.7%10.8%
Wabash city10,378$54,199$115,00021.9%12.5%
Plymouth city10,506$53,115$122,20021.0%15.0%
Kendallville city10,094$60,909$130,60012.0%12.7%
Angola city9,383$59,355$186,90028.9%16.3%

Population Overview

Greencastle city is a small city located in Indiana. The total population is 9,863. It ranks as the 87th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Greencastle city is 28.7 years. This is 24% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Greencastle city is $54,217. This is 23% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 31% lower. The poverty rate stands at 8.7%. This is 29% lower than the state poverty rate of 12.2%. The unemployment rate is 1.6%. This is 63% lower than the state rate of 4.3%. The median home value is $154,000. Housing costs are 24% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.8x, Greencastle city is one of the most affordable housing markets in the area. 41.1% of occupied housing units are owner-occupied. This homeownership rate is 42% lower than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Greencastle city is White (non-Hispanic), making up 82.3% of the population. Black or African American residents account for 5.2%. The Hispanic or Latino population (3.9%) is well below the state average of 8.4%. The Asian population is significantly higher than the state average (4.1% vs 2.5%).

Education

25.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 11% 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 88.9%.

Data Sources & Methodology

All demographic data for Greencastle city, 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 Greencastle city, Indiana?

Greencastle city, Indiana has a population of 9,863 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Greencastle city, IN?

The median household income in Greencastle city is $54,217, which is 31% lower the national median of $78,538.

What is the poverty rate in Greencastle city, IN?

The poverty rate in Greencastle city is 8.7%. This means approximately 632 residents live below the federal poverty line.

What is the racial makeup of Greencastle city, Indiana?

Greencastle city's population is 82.3% White, 5.2% Black, 3.9% Hispanic/Latino, and 4.1% Asian.

What is the median home value in Greencastle city, IN?

The median home value in Greencastle city is $154,000. The home-value-to-income ratio is 2.8x.

How educated is Greencastle city, Indiana?

25.8% of adults (25+) in Greencastle city hold a bachelor's degree or higher, and 11.5% hold a graduate or professional degree.