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Greencastle, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Greencastle, Indiana had a total population of 9,864, the 88th largest city in Indiana, with a median household income of $55,565, which is 23% lower than the state average. The poverty rate is 12.2%.

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

Greencastle Quick Facts

Population 9,864
Median Household Income $55,565
Median Home Value $169,200
Poverty Rate 12.2%
Unemployment Rate 3.0%
Median Age 27.5 years
Homeownership Rate 42.4%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 22.5%
High School Graduation Rate 92.0%
Diversity Index 29/100
Population 9,864 88th of 967
Median Income $55,565 below average
Poverty Rate 12.2% 2% lower than national
Median Home Value $169,200 above average

How Greencastle 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
Population9,8639,864+0.0%
Median household income$54,217$55,565+2.5%
Median home value$154,000$169,200+9.9%

How Greencastle Compares

Economy & Housing

Household Income Distribution

Under $25K 21.2%
$25K-$50K 26.0%
$50K-$100K 29.2%
$100K+ 23.6%
Detailed income brackets
Under $10K
3.1%
$10K-$15K
4.1%
$15K-$20K
3.0%
$20K-$25K
11.0%
$25K-$30K
6.3%
$30K-$35K
7.2%
$35K-$40K
4.0%
$40K-$45K
2.6%
$45K-$50K
5.9%
$50K-$60K
6.0%
$60K-$75K
10.5%
$75K-$100K
12.6%
$100K-$125K
10.1%
$125K-$150K
4.3%
$150K-$200K
6.2%
$200K+
2.9%

Employment

3.0% Unemployment Rate State: 4.3%|National: 5.2%
58.9% Labor Force Participation

Housing Overview

Owner 42.4%
Renter 57.6%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $908/mo 19.6% of median household income annually

People & Demographics

Diversity Index

29out of 100
Low Diversity

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

State average: 41 | National average: 61

Education

Greencastle Rankings in Indiana

#88 Population of 967
#546 Median Income of 796
#275 Education of 966
#310 Home Value of 818

Other Cities in Putnam County

CityPopulationMedian IncomePovertyHome Value
Heritage Lake 3,227 $87,568 13.3% $262,900
Cloverdale 2,195 $42,243 14.9% $136,500
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 Greencastle

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Decatur9,811$58,646$142,80012.3%11.3%
Wabash10,358$53,410$116,50023.4%14.0%
Bluffton10,529$57,539$149,60017.7%9.5%
Kendallville10,556$58,939$133,20013.0%12.4%
Plymouth10,664$58,623$131,80023.7%13.5%

Population Overview

Greencastle is a small city located in Indiana, within Putnam County. The total population is 9,864. It ranks as the 88th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Greencastle is 27.5 years. This is 28% lower than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Greencastle is $55,565. This is 23% 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 12.2%. This is about the same as the state poverty rate of 12.3%. The unemployment rate is 3.0%. This is 29% lower than the state rate of 4.3%. The median home value is $169,200. Housing costs are 22% lower than the state median of $218,200. The home-value-to-income ratio is 3.0x. 42.4% of occupied housing units are owner-occupied. This homeownership rate is 40% lower than the state average of 70.5%.

Race & Ethnicity

The largest racial or ethnic group in Greencastle is White (non-Hispanic), making up 83.9% of the population. Black or African American residents account for 5.1%. The Hispanic or Latino population (3.5%) is well below the state average of 8.6%.

Education

22.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% 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 Greencastle, 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 Greencastle, Indiana?

Greencastle, Indiana has a population of 9,864 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Greencastle, IN?

The median household income in Greencastle is $55,565, which is 31% lower than the national median of $80,734.

What is the poverty rate in Greencastle, IN?

The poverty rate in Greencastle is 12.2%. This means approximately 893 residents live below the federal poverty line.

What is the racial makeup of Greencastle, Indiana?

Greencastle's population is 83.9% White, 5.1% Black, 3.5% Hispanic/Latino, and 2.6% Asian.

What is the median home value in Greencastle, IN?

The median home value in Greencastle is $169,200. The home-value-to-income ratio is 3.0x.

How educated is Greencastle, Indiana?

22.5% of adults (25+) in Greencastle hold a bachelor's degree or higher, and 11.0% hold a graduate or professional degree.