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Knightstown, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Knightstown, Indiana had a total population of 2,241, the 210th largest town in Indiana, with a median household income of $49,792, which is 31% lower than the state average. The poverty rate is 22.0%.

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

Key Takeaways

Knightstown Quick Facts

Population 2,241
Median Household Income $49,792
Median Home Value $130,000
Poverty Rate 22.0%
Unemployment Rate 4.3%
Median Age 36.9 years
Homeownership Rate 66.5%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 16.5%
High School Graduation Rate 92.0%
Diversity Index 7/100
Population 2,241 210th of 967
Median Income $49,792 bottom 20%
Poverty Rate 22.0% 77% higher than national
Median Home Value $130,000 average

How Knightstown 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
Population2,1542,241+4.0%
Median household income$44,655$49,792+11.5%
Median home value$121,500$130,000+7.0%

How Knightstown Compares

Economy & Housing

Household Income Distribution

Under $25K 29.3%
$25K-$50K 21.0%
$50K-$100K 28.9%
$100K+ 20.9%
Detailed income brackets
Under $10K
5.4%
$10K-$15K
3.5%
$15K-$20K
11.0%
$20K-$25K
9.3%
$25K-$30K
3.1%
$30K-$35K
6.0%
$35K-$40K
4.3%
$40K-$45K
3.0%
$45K-$50K
4.5%
$50K-$60K
3.9%
$60K-$75K
11.8%
$75K-$100K
13.2%
$100K-$125K
11.6%
$125K-$150K
5.3%
$150K-$200K
2.3%
$200K+
1.7%

Employment

4.3% Unemployment Rate State: 4.3%|National: 5.2%
64.5% Labor Force Participation

Housing Overview

Owner 66.5%
Renter 33.6%
Affordability Index Very Affordable
2.6x home value to income ratio
Median gross rent $930/mo 22.4% 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

Knightstown Rankings in Indiana

#210 Population of 967
#659 Median Income of 796
#427 Education of 966
#494 Home Value of 818

Other Cities in Henry County

CityPopulationMedian IncomePovertyHome Value
New Castle 17,367 $51,606 20.1% $98,000
Middletown 2,235 $56,008 12.7% $96,200
Spiceland 840 $65,875 22.2% $118,300
Mount Summit 713 N/A 4.9% $214,100
Mooreland 493 $60,714 16.9% $94,200
Sulphur Springs 454 $51,250 9.5% $139,300
Kennard 415 $58,125 10.4% $110,700
Lewisville 282 $50,208 23.8% $114,300
Straughn 229 $73,125 11.8% $112,000
Cadiz 226 $101,000 13.6% $105,600

Cities Similar to Knightstown

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Oakland City2,262$48,850$109,50014.0%14.2%
Middletown2,235$56,008$96,20014.1%12.7%
Monon2,091$49,286$96,0006.3%23.7%
Flora2,114$51,429$158,20015.3%13.8%
New Chicago2,225$57,313$134,10013.4%16.7%

Population Overview

Knightstown is a small community located in Indiana, within Henry County. The total population is 2,241. It ranks as the 210th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Knightstown is 36.9 years. This is 3% lower than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Knightstown is $49,792. This is 31% lower than the state median of $71,957. It is also 38% lower than the national median of $80,734. The poverty rate stands at 22.0%. This is 78% higher than the state poverty rate of 12.3%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.3%. This is 1% higher than the state rate of 4.3%. The median home value is $130,000. Housing costs are 40% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.6x, Knightstown is one of the most affordable housing markets in the area. 66.5% of occupied housing units are owner-occupied. This homeownership rate is 6% lower than the state average of 70.5%.

Race & Ethnicity

Knightstown has a predominantly White (non-Hispanic) population, comprising 96.2% of all residents. Hispanic or Latino residents account for 1.0%. The Hispanic or Latino population (1.0%) is well below the state average of 8.6%.

Education

16.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% 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 Knightstown, 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 Knightstown, Indiana?

Knightstown, Indiana has a population of 2,241 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Knightstown, IN?

The median household income in Knightstown is $49,792, which is 38% lower than the national median of $80,734.

What is the poverty rate in Knightstown, IN?

The poverty rate in Knightstown is 22.0%. This means approximately 492 residents live below the federal poverty line.

What is the racial makeup of Knightstown, Indiana?

Knightstown's population is 96.2% White, 0.0% Black, 1.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Knightstown, IN?

The median home value in Knightstown is $130,000. The home-value-to-income ratio is 2.6x.

How educated is Knightstown, Indiana?

16.5% of adults (25+) in Knightstown hold a bachelor's degree or higher, and 3.9% hold a graduate or professional degree.