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Michigantown, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Michigantown, Indiana had a total population of 514, the 505th largest town in Indiana, with a median household income of $74,375, which is 3% higher than the state average. The poverty rate is 16.9%.

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

Key Takeaways

Michigantown Quick Facts

Population 514
Median Household Income $74,375
Median Home Value $147,200
Poverty Rate 16.9%
Unemployment Rate 1.9%
Median Age 33.5 years
Homeownership Rate 63.4%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 16.6%
High School Graduation Rate 87.0%
Diversity Index 13/100
Population 514 505th of 967
Median Income $74,375 above average
Poverty Rate 16.9% 36% higher than national
Median Home Value $147,200 average

How Michigantown 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
Population470514+9.4%
Median household income$73,214$74,375+1.6%
Median home value$125,000$147,200+17.8%

How Michigantown Compares

Economy & Housing

Household Income Distribution

Under $25K 9.8%
$25K-$50K 22.3%
$50K-$100K 51.8%
$100K+ 16.1%
Detailed income brackets
Under $10K
1.3%
$10K-$15K
0.0%
$15K-$20K
1.3%
$20K-$25K
7.1%
$25K-$30K
2.7%
$30K-$35K
10.3%
$35K-$40K
5.4%
$40K-$45K
3.6%
$45K-$50K
0.4%
$50K-$60K
7.1%
$60K-$75K
11.2%
$75K-$100K
33.5%
$100K-$125K
11.2%
$125K-$150K
3.6%
$150K-$200K
1.3%
$200K+
0.0%

Employment

1.9% Unemployment Rate State: 4.3%|National: 5.2%
66.5% Labor Force Participation

Housing Overview

Owner 63.4%
Renter 36.6%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $844/mo 13.6% of median household income annually

People & Demographics

Diversity Index

13out 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

Michigantown Rankings in Indiana

#505 Population of 967
#260 Median Income of 796
#423 Education of 966
#401 Home Value of 818

Other Cities in Clinton County

CityPopulationMedian IncomePovertyHome Value
Frankfort 15,917 $57,412 12.9% $138,600
Rossville 1,565 $71,473 8.8% $186,800
Mulberry 1,265 $58,950 15.3% $142,900
Kirklin 920 $56,458 9.4% $102,500
Colfax 906 $63,281 8.2% $130,100

Cities Similar to Michigantown

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Snow Lake519$76,778$373,30045.7%2.3%
Williamsburg510$77,500$96,5001.4%22.4%
Metamora491N/AN/A0.0%0.0%
Paragon537$73,750$104,1002.1%24.7%
Chalmers526$70,500$162,50017.3%8.0%

A note before these figures: with a population of 514, Michigantown's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Michigantown is a small community located in Indiana, within Clinton County. The total population is 514. It ranks as the 505th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Michigantown is 33.5 years. This is 12% lower than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Michigantown is $74,375. This is 3% higher than the state median of $71,957. It is also 8% lower than the national median of $80,734. The poverty rate stands at 16.9%. This is 37% higher than the state poverty rate of 12.3%. The unemployment rate is 1.9%. This is 56% lower than the state rate of 4.3%. The median home value is $147,200. Housing costs are 33% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.0x, Michigantown is one of the most affordable housing markets in the area. 63.4% of occupied housing units are owner-occupied. This homeownership rate is 10% lower than the state average of 70.5%.

Race & Ethnicity

Michigantown has a predominantly White (non-Hispanic) population, comprising 93.4% of all residents. Hispanic or Latino residents account for 2.9%. The Hispanic or Latino population (2.9%) is well below the state average of 8.6%.

Education

16.6% 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 87.0%.

Data Sources & Methodology

All demographic data for Michigantown, 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 Michigantown, Indiana?

Michigantown, Indiana has a population of 514 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Michigantown, IN?

The median household income in Michigantown is $74,375, which is 8% lower than the national median of $80,734.

What is the poverty rate in Michigantown, IN?

The poverty rate in Michigantown is 16.9%. This means approximately 87 residents live below the federal poverty line.

What is the racial makeup of Michigantown, Indiana?

Michigantown's population is 93.4% White, 0.0% Black, 2.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Michigantown, IN?

The median home value in Michigantown is $147,200. The home-value-to-income ratio is 2.0x.

How educated is Michigantown, Indiana?

16.6% of adults (25+) in Michigantown hold a bachelor's degree or higher, and 4.4% hold a graduate or professional degree.