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Hamlet, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.5x is exceptionally low

During the 2020–2024 ACS period, Hamlet, Indiana had a total population of 1,039, the 345th largest town in Indiana, with a median household income of $73,542, which is 2% higher than the state average. The poverty rate is 11.7%.

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

Key Takeaways

Hamlet Quick Facts

Population 1,039
Median Household Income $73,542
Median Home Value $112,300
Poverty Rate 11.7%
Unemployment Rate 2.3%
Median Age 29.6 years
Homeownership Rate 77.5%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 6.5%
High School Graduation Rate 88.9%
Diversity Index 7/100
Population 1,039 345th of 967
Median Income $73,542 above average
Poverty Rate 11.7% 6% lower than national
Median Home Value $112,300 bottom 30%

How Hamlet 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
Population9101,039+14.2%
Median household income$68,750$73,542+7.0%
Median home value$109,300$112,300+2.7%

How Hamlet Compares

Economy & Housing

Household Income Distribution

Under $25K 11.8%
$25K-$50K 23.9%
$50K-$100K 34.6%
$100K+ 29.8%
Detailed income brackets
Under $10K
1.7%
$10K-$15K
2.4%
$15K-$20K
6.9%
$20K-$25K
0.7%
$25K-$30K
6.2%
$30K-$35K
3.5%
$35K-$40K
5.9%
$40K-$45K
6.2%
$45K-$50K
2.1%
$50K-$60K
3.8%
$60K-$75K
11.8%
$75K-$100K
19.0%
$100K-$125K
23.9%
$125K-$150K
2.8%
$150K-$200K
2.4%
$200K+
0.7%

Employment

2.3% Unemployment Rate State: 4.3%|National: 5.2%
67.6% Labor Force Participation

Housing Overview

Owner 77.5%
Renter 22.5%
Affordability Index Very Affordable
1.5x home value to income ratio
Median gross rent $895/mo 14.6% of median household income annually

People & Demographics

Diversity Index

7out 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

Hamlet Rankings in Indiana

#345 Population of 967
#271 Median Income of 796
#751 Education of 966
#582 Home Value of 818

Other Cities in Starke County

CityPopulationMedian IncomePovertyHome Value
Knox 3,479 $48,931 28.6% $140,300
North Judson 1,823 $55,086 16.2% $134,500
Bass Lake 983 $73,086 0.7% $324,600
San Pierre 727 N/A 1.8% $193,600

Cities Similar to Hamlet

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gilmer Park1,055$76,818$156,30033.3%10.7%
Wolcott1,033$66,875$113,90010.7%11.5%
Borden987$72,708$174,50021.8%7.4%
Bass Lake983$73,086$324,60023.8%0.7%
Shirley1,022$67,083$113,1007.1%9.4%

Population Overview

Hamlet is a small community located in Indiana, within Starke County. The total population is 1,039. It ranks as the 345th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Hamlet is 29.6 years. This is 22% lower than the state median of 38.1 years. With 34.0% of the population under 18, Hamlet has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Hamlet is $73,542. This is 2% higher than the state median of $71,957. It is also 9% lower than the national median of $80,734. The poverty rate stands at 11.7%. This is 5% lower than the state poverty rate of 12.3%. The unemployment rate is 2.3%. This is 47% lower than the state rate of 4.3%. The median home value is $112,300. Housing costs are 49% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.5x, Hamlet is one of the most affordable housing markets in the area. 77.5% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 70.5%.

Race & Ethnicity

Hamlet has a predominantly White (non-Hispanic) population, comprising 96.3% of all residents. Hispanic or Latino residents account for 2.7%. The Hispanic or Latino population (2.7%) is well below the state average of 8.6%.

Education

6.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 78% 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 88.9%.

Data Sources & Methodology

All demographic data for Hamlet, 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 Hamlet, Indiana?

Hamlet, Indiana has a population of 1,039 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hamlet, IN?

The median household income in Hamlet is $73,542, which is 9% lower than the national median of $80,734.

What is the poverty rate in Hamlet, IN?

The poverty rate in Hamlet is 11.7%. This means approximately 119 residents live below the federal poverty line.

What is the racial makeup of Hamlet, Indiana?

Hamlet's population is 96.3% White, 0.0% Black, 2.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Hamlet, IN?

The median home value in Hamlet is $112,300. The home-value-to-income ratio is 1.5x.

How educated is Hamlet, Indiana?

6.5% of adults (25+) in Hamlet hold a bachelor's degree or higher, and 0.8% hold a graduate or professional degree.