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Larwill town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Larwill town, Indiana has a total population of 421, the 549th largest city in Indiana, with a median household income of $61,250, which is 13% lower than the state average. The poverty rate is 24.3%.

Key Takeaways

Larwill town Quick Facts

Population 421
Median Household Income $61,250
Median Home Value $85,400
Poverty Rate 24.3%
Unemployment Rate 11.1%
Median Age 27.9 years
Homeownership Rate 71.8%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 35.0%
High School Graduation Rate 94.9%
Diversity Index 36/100
Population 421 549th of 967
Median Income $61,250 average
Poverty Rate 24.3% 96% higher national
Median Home Value $85,400 bottom 20%

How Larwill town Compares

Economy & Housing

Employment

11.1% Unemployment Rate State: 4.3% | National: 5.2%
64.2% Labor Force Participation

Housing Overview

Owner 71.8%
Renter 28.2%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

36out 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

Larwill town Rankings in Indiana

#549 Population of 967
#431 Median Income of 967
#117 Education of 967
#707 Home Value of 967

Cities Similar to Larwill town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
St. Joe town420$61,875$85,4006.2%8.7%
Waveland town431$60,956$96,80012.3%15.8%
Mooreland town417$58,854$82,70011.5%17.3%
Wilkinson town427$63,500$132,5009.3%5.4%
Advance town418$65,000$164,80023.7%8.1%

Population Overview

Larwill town is a small community located in Indiana. The total population is 421. It ranks as the 549th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Larwill town is 27.9 years. This is 27% lower than the state median of 38.0 years. With 33.7% of the population under 18, Larwill town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Larwill town is $61,250. This is 13% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 22% lower. The poverty rate stands at 24.3%. This is 99% higher than the state poverty rate of 12.2%. 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 11.1%. This is 157% higher than the state rate of 4.3%. The median home value is $85,400. Housing costs are 58% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.4x, Larwill town is one of the most affordable housing markets in the area. 71.8% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Larwill town is White (non-Hispanic), making up 55.6% of the population. Hispanic or Latino residents account for 2.4%. The Black or African American population (0.7%) is well below the state average of 9.1%. The Hispanic or Latino population (2.4%) is well below the state average of 8.4%. The Asian population (0.9%) is well below the state average of 2.5%.

Education

35.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 22% higher 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 94.9%.

Data Sources & Methodology

All demographic data for Larwill town, 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 Larwill town, Indiana?

Larwill town, Indiana has a population of 421 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Larwill town, IN?

The median household income in Larwill town is $61,250, which is 22% lower the national median of $78,538.

What is the poverty rate in Larwill town, IN?

The poverty rate in Larwill town is 24.3%. This means approximately 100 residents live below the federal poverty line.

What is the racial makeup of Larwill town, Indiana?

Larwill town's population is 55.6% White, 0.7% Black, 2.4% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Larwill town, IN?

The median home value in Larwill town is $85,400. The home-value-to-income ratio is 1.4x.

How educated is Larwill town, Indiana?

35.0% of adults (25+) in Larwill town hold a bachelor's degree or higher, and 8.6% hold a graduate or professional degree.