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Patoka town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.5x is exceptionally low

As of 2026, Patoka town, Indiana has a total population of 887, the 382nd largest city in Indiana, with a median household income of $61,136, which is 13% lower than the state average. The poverty rate is 19.7%.

Key Takeaways

Patoka town Quick Facts

Population 887
Median Household Income $61,136
Median Home Value $92,300
Poverty Rate 19.7%
Unemployment Rate 1.6%
Median Age 33.4 years
Homeownership Rate 76.7%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 9.7%
High School Graduation Rate 84.6%
Diversity Index 23/100
Population 887 382nd of 967
Median Income $61,136 average
Poverty Rate 19.7% 59% higher national
Median Home Value $92,300 bottom 20%

How Patoka town Compares

Economy & Housing

Employment

1.6% Unemployment Rate State: 4.3% | National: 5.2%
66.2% Labor Force Participation

Housing Overview

Owner 76.7%
Renter 23.3%
Affordability Index Very Affordable
1.5x home value to income ratio

People & Demographics

Diversity Index

23out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Patoka town Rankings in Indiana

#382 Population of 967
#437 Median Income of 967
#645 Education of 967
#663 Home Value of 967

Cities Similar to Patoka town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hoagland CDP886$60,417$170,90022.8%13.2%
North Webster town886$59,167$192,90018.2%8.0%
Spiceland town896$63,676$107,70012.1%19.8%
Shipshewana town902$57,679$255,00010.4%11.6%
Gilmer Park CDP929$61,184$142,60024.6%17.2%

Population Overview

Patoka town is a small community located in Indiana, within Pike County. The total population is 887. It ranks as the 382nd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Patoka town is 33.4 years. This is 12% lower than the state median of 38.0 years. With 30.0% of the population under 18, Patoka town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Patoka town is $61,136. 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 19.7%. This is 62% higher than the state poverty rate of 12.2%. The unemployment rate is 1.6%. This is 63% lower than the state rate of 4.3%. The median home value is $92,300. Housing costs are 54% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.5x, Patoka town is one of the most affordable housing markets in the area. 76.7% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 70.3%.

Race & Ethnicity

Patoka town has a predominantly White (non-Hispanic) population, comprising 86.6% of all residents. Hispanic or Latino residents account for 2.8%. The Black or African American population (0.9%) is well below the state average of 9.1%. The Hispanic or Latino population (2.8%) is well below the state average of 8.4%.

Education

9.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% 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 84.6%.

Data Sources & Methodology

All demographic data for Patoka 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 Patoka town, Indiana?

Patoka town, Indiana has a population of 887 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Patoka town is $61,136, which is 22% lower the national median of $78,538.

What is the poverty rate in Patoka town, IN?

The poverty rate in Patoka town is 19.7%. This means approximately 175 residents live below the federal poverty line.

What is the racial makeup of Patoka town, Indiana?

Patoka town's population is 86.6% White, 0.9% Black, 2.8% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Patoka town is $92,300. The home-value-to-income ratio is 1.5x.

How educated is Patoka town, Indiana?

9.7% of adults (25+) in Patoka town hold a bachelor's degree or higher, and 2.6% hold a graduate or professional degree.