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Parkers Settlement, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Parkers Settlement, Indiana had a total population of 605, the 473rd largest community in Indiana, with a median household income of $91,563, which is 27% higher than the state average. The poverty rate is 7.8%.

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

Parkers Settlement Quick Facts

Population 605
Median Household Income $91,563
Median Home Value $238,200
Poverty Rate 7.8%
Unemployment Rate 0.0%
Median Age 39.8 years
Homeownership Rate 100.0%
Affordability Ratio 2.6x
Bachelor's Degree or Higher 27.8%
High School Graduation Rate 89.0%
Diversity Index 6/100
Population 605 473rd of 967
Median Income $91,563 top 20%
Poverty Rate 7.8% 38% lower than national
Median Home Value $238,200 top 20%

How Parkers Settlement 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
Population573605+5.6%
Median household income$86,429$91,563+5.9%
Median home value$200,000$238,200+19.1%

How Parkers Settlement Compares

Economy & Housing

Household Income Distribution

Under $25K 13.0%
$25K-$50K 8.1%
$50K-$100K 33.0%
$100K+ 46.0%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
5.8%
$15K-$20K
0.0%
$20K-$25K
7.3%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
2.7%
$40K-$45K
0.0%
$45K-$50K
5.4%
$50K-$60K
0.0%
$60K-$75K
20.7%
$75K-$100K
12.3%
$100K-$125K
19.9%
$125K-$150K
4.2%
$150K-$200K
13.4%
$200K+
8.4%

Employment

0.0% Unemployment Rate State: 4.3%|National: 5.2%
62.9% Labor Force Participation

Housing Overview

Owner 100.0%
Renter 0.0%
Affordability Index Very Affordable
2.6x home value to income ratio

People & Demographics

Diversity Index

6out 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

Parkers Settlement Rankings in Indiana

#473 Population of 967
#130 Median Income of 796
#194 Education of 966
#144 Home Value of 818

Other Cities in Posey County

CityPopulationMedian IncomePovertyHome Value
Mount Vernon 6,400 $62,263 14.9% $163,300
Poseyville 1,270 $62,500 6.6% $144,400
New Harmony 845 $57,875 7.0% $184,400
Cynthiana 716 $74,688 9.2% $141,500
Griffin 148 $82,500 8.8% $127,700

Cities Similar to Parkers Settlement

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Everton610N/A$114,3001.3%9.3%
Perrysville607$86,094$100,00016.6%18.1%
Tecumseh638$91,750$251,00051.6%9.3%
Pleasant View Village625$95,682$193,60028.0%1.1%
Center605$103,875$230,00011.8%5.0%

A note before these figures: with a population of 605, Parkers Settlement'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

Parkers Settlement is a small community located in Indiana, within Posey County. The total population is 605. It ranks as the 473rd most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Parkers Settlement is 39.8 years. This is 4% higher than the state median of 38.1 years. 10.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Parkers Settlement is $91,563. This is 27% higher than the state median of $71,957. It is also 13% higher than the national median of $80,734. The poverty rate stands at 7.8%. This is 37% lower than the state poverty rate of 12.3%. The survey records no unemployed residents in Parkers Settlement, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $238,200. Housing costs are 9% higher than the state median of $218,200. With a home-value-to-income ratio of just 2.6x, Parkers Settlement is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 70.5%.

Race & Ethnicity

Parkers Settlement has a predominantly White (non-Hispanic) population, comprising 96.7% of all residents.

Education

27.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 6% 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 89.0%.

Data Sources & Methodology

All demographic data for Parkers Settlement, 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 Parkers Settlement, Indiana?

Parkers Settlement, Indiana has a population of 605 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Parkers Settlement, IN?

The median household income in Parkers Settlement is $91,563, which is 13% higher than the national median of $80,734.

What is the poverty rate in Parkers Settlement, IN?

The poverty rate in Parkers Settlement is 7.8%. This means approximately 47 residents live below the federal poverty line.

What is the racial makeup of Parkers Settlement, Indiana?

Parkers Settlement's population is 96.7% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Parkers Settlement, IN?

The median home value in Parkers Settlement is $238,200. The home-value-to-income ratio is 2.6x.

How educated is Parkers Settlement, Indiana?

27.8% of adults (25+) in Parkers Settlement hold a bachelor's degree or higher, and 10.2% hold a graduate or professional degree.