Michigantown town, Indiana Demographics & Population 2026

Population Overview

Michigantown town is a small community located in Indiana. The total population is 470. It ranks as the 524th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Michigantown town is 30.0 years. This is 21% lower than the state median of 38.0 years. With 31.3% of the population under 18, Michigantown town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Michigantown town is $73,214. This is 5% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 7% lower. The poverty rate stands at 14.7%. This is 20% higher than the state poverty rate of 12.2%. The unemployment rate is 0.5%. This is 89% lower than the state rate of 4.3%. The median home value is $125,000. Housing costs are 38% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.7x, Michigantown town is one of the most affordable housing markets in the area. 67.8% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 70.3%.

Race & Ethnicity

Michigantown town has a predominantly White (non-Hispanic) population, comprising 94.0% of all residents. Hispanic or Latino residents account for 2.5%. The Hispanic or Latino population (2.5%) is well below the state average of 8.4%.

Education

14.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% 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 92.1%.

Data Sources & Methodology

All demographic data for Michigantown 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.