Romney, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Romney, Indiana had a total population of 391, the 561st largest community in Indiana, with a median household income of $63,578, which is 12% lower than the state average. The poverty rate is 0.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Unemployment rate of 11.2% is notably above the national average.
Romney Quick Facts
How Romney Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 561 | 391 | -30.3% |
| Median household income | $61,133 | $63,578 | +4.0% |
| Median home value | $155,300 | $161,000 | +3.7% |
How Romney Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Romney Rankings in Indiana
Explore Indiana Rankings
Other Cities in Tippecanoe County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Lafayette | 71,159 | $53,716 | 17.8% | $172,800 |
| West Lafayette | 45,159 | $34,891 | 37.3% | $350,000 |
| Battle Ground | 1,969 | $110,568 | 4.0% | $277,600 |
| Shadeland | 1,921 | $82,708 | 15.0% | $270,000 |
| Otterbein | 1,576 | $63,698 | 8.8% | $158,500 |
| Dayton | 1,168 | $78,289 | 12.1% | $176,300 |
| Clarks Hill | 700 | $46,806 | 16.3% | $93,600 |
| Stockwell | 286 | $60,988 | 11.5% | $105,900 |
| West Point | 189 | $125,409 | 0.0% | $145,900 |
| Colburn | 92 | N/A | 78.3% | N/A |
Cities Similar to Romney
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Nyona Lake | 389 | N/A | N/A | 22.6% | 54.0% |
| Advance | 390 | $64,500 | $164,500 | 20.9% | 9.2% |
| Helmsburg | 387 | N/A | $89,700 | 2.8% | 0.0% |
| Star City | 386 | N/A | N/A | 3.6% | 13.2% |
| Leavenworth | 397 | $65,586 | $130,200 | 7.5% | 12.9% |
A note before these figures: with a population of 391, Romney'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
Romney is a small community located in Indiana, within Tippecanoe County. The total population is 391. It ranks as the 561st most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Romney is 37.4 years. This is 2% lower than the state median of 38.1 years. With 39.4% of the population under 18, Romney has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Romney is $63,578. This is 12% lower than the state median of $71,957. It is also 21% lower than the national median of $80,734. The ACS records no residents below the poverty line in Romney. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The unemployment rate is 11.2%. This is 162% higher than the state rate of 4.3%. The median home value is $161,000. Housing costs are 26% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.5x, Romney is one of the most affordable housing markets in the area. 91.9% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 70.5%.
Race & Ethnicity
Romney has a predominantly White (non-Hispanic) population, comprising 90.5% of all residents. Hispanic or Latino residents account for 9.5%.
Education
23.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 20% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.
Data Sources & Methodology
All demographic data for Romney, 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 Romney, Indiana?
Romney, Indiana has a population of 391 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Romney, IN?
The median household income in Romney is $63,578, which is 21% lower than the national median of $80,734.
What is the poverty rate in Romney, IN?
The ACS sample for Romney recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.
What is the racial makeup of Romney, Indiana?
Romney's population is 90.5% White, 0.0% Black, 9.5% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Romney, IN?
The median home value in Romney is $161,000. The home-value-to-income ratio is 2.5x.
How educated is Romney, Indiana?
23.6% of adults (25+) in Romney hold a bachelor's degree or higher, and 4.2% hold a graduate or professional degree.