Redkey town, Indiana Demographics & Population 2026
As of 2026, Redkey town, Indiana has a total population of 1,451, the 281st largest city in Indiana, with a median household income of $40,667, which is 42% lower than the state average. The poverty rate is 36.8%.
Key Takeaways
- Household income is 42% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (36.8%), well above the national average of 12.4%.
- Only 8.3% of adults have a bachelor's degree, well below the national average of 35.0%.
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
Redkey town Quick Facts
How Redkey town Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Redkey town Rankings in Indiana
Explore Indiana Rankings
Cities Similar to Redkey town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Montpelier city | 1,444 | $42,833 | $77,100 | 7.9% | 24.5% |
| Warren Park town | 1,411 | $39,865 | $194,400 | 18.9% | 18.3% |
| Odon town | 1,458 | $44,632 | $137,400 | 13.3% | 13.1% |
| Farmland town | 1,345 | $41,516 | $92,900 | 11.0% | 20.1% |
| Shelburn town | 1,325 | $41,176 | $72,000 | 7.5% | 23.2% |
Population Overview
Redkey town is a small community located in Indiana. The total population is 1,451. It ranks as the 281st most populous out of 967 cities and towns in Indiana.
Age Demographics
The median age in Redkey town is 30.9 years. This is 19% lower than the state median of 38.0 years. With 36.8% of the population under 18, Redkey town has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Redkey town is $40,667. This is 42% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 48% lower. The poverty rate stands at 36.8%. This is 201% 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 5.8%. This is 35% higher than the state rate of 4.3%. The median home value is $78,300. Housing costs are 61% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.9x, Redkey town is one of the most affordable housing markets in the area. 72.0% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 70.3%.
Race & Ethnicity
Redkey town has a predominantly White (non-Hispanic) population, comprising 90.6% of all residents. Hispanic or Latino residents account for 7.8%. The Asian population (0.1%) is well below the state average of 2.5%.
Education
8.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 71% 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 88.5%.
Data Sources & Methodology
All demographic data for Redkey 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.
Free data download: Get all Indiana city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Redkey town, Indiana?
Redkey town, Indiana has a population of 1,451 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Redkey town, IN?
The median household income in Redkey town is $40,667, which is 48% lower the national median of $78,538.
What is the poverty rate in Redkey town, IN?
The poverty rate in Redkey town is 36.8%. This means approximately 525 residents live below the federal poverty line.
What is the racial makeup of Redkey town, Indiana?
Redkey town's population is 90.6% White, 0.0% Black, 7.8% Hispanic/Latino, and 0.1% Asian.
What is the median home value in Redkey town, IN?
The median home value in Redkey town is $78,300. The home-value-to-income ratio is 1.9x.
How educated is Redkey town, Indiana?
8.3% of adults (25+) in Redkey town hold a bachelor's degree or higher, and 1.8% hold a graduate or professional degree.