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Russellville town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.3x is exceptionally low

As of 2026, Russellville town, Indiana has a total population of 301, the 618th largest city in Indiana, with a median household income of $71,429, which is 2% higher than the state average. The poverty rate is 15.3%.

Key Takeaways

Russellville town Quick Facts

Population 301
Median Household Income $71,429
Median Home Value $90,000
Poverty Rate 15.3%
Unemployment Rate 0.0%
Median Age 34.0 years
Homeownership Rate 93.3%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 6.8%
High School Graduation Rate 80.5%
Diversity Index 1/100
Population 301 618th of 967
Median Income $71,429 above average
Poverty Rate 15.3% 23% higher national
Median Home Value $90,000 bottom 20%

How Russellville town Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 4.3% | National: 5.2%
68.3% Labor Force Participation

Housing Overview

Owner 93.3%
Renter 6.7%
Affordability Index Very Affordable
1.3x home value to income ratio

People & Demographics

Diversity Index

1out 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

Russellville town Rankings in Indiana

#618 Population of 967
#276 Median Income of 967
#728 Education of 967
#673 Home Value of 967

Cities Similar to Russellville town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hayden CDP300N/A$89,60048.0%0.0%
Grammer CDP298N/AN/A54.0%0.0%
Mongo CDP308N/AN/A0.0%0.0%
Arthur CDP311N/A$112,50022.5%40.8%
Carbon town293$70,000$73,30011.2%10.2%

Population Overview

Russellville town is a small community located in Indiana. The total population is 301. It ranks as the 618th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Russellville town is 34.0 years. This is 11% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Russellville town is $71,429. This is 2% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 9% lower. The poverty rate stands at 15.3%. This is 25% higher than the state poverty rate of 12.2%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.3%. The median home value is $90,000. Housing costs are 55% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.3x, Russellville town is one of the most affordable housing markets in the area. 93.3% of occupied housing units are owner-occupied. This homeownership rate is 33% higher than the state average of 70.3%.

Race & Ethnicity

Russellville town has a predominantly White (non-Hispanic) population, comprising 99.3% of all residents. Asian residents account for 0.7%. The Asian population (0.7%) is well below the state average of 2.5%.

Education

6.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 76% 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 80.5%.

Data Sources & Methodology

All demographic data for Russellville 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 Russellville town, Indiana?

Russellville town, Indiana has a population of 301 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Russellville town is $71,429, which is 9% lower the national median of $78,538.

What is the poverty rate in Russellville town, IN?

The poverty rate in Russellville town is 15.3%. This means approximately 46 residents live below the federal poverty line.

What is the racial makeup of Russellville town, Indiana?

Russellville town's population is 99.3% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.7% Asian.

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

The median home value in Russellville town is $90,000. The home-value-to-income ratio is 1.3x.

How educated is Russellville town, Indiana?

6.8% of adults (25+) in Russellville town hold a bachelor's degree or higher, and 2.1% hold a graduate or professional degree.