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Russellville, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Russellville, Indiana had a total population of 308, the 605th largest town in Indiana, with a median household income of $72,875, which is 1% higher than the state average. The poverty rate is 6.8%.

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

Key Takeaways

Russellville Quick Facts

Population 308
Median Household Income $72,875
Median Home Value $120,800
Poverty Rate 6.8%
Unemployment Rate 0.0%
Median Age 34.5 years
Homeownership Rate 94.5%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 3.8%
High School Graduation Rate 80.7%
Diversity Index 1/100
Population 308 605th of 967
Median Income $72,875 above average
Poverty Rate 6.8% 45% lower than national
Median Home Value $120,800 below average

How Russellville 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
Population301308+2.3%
Median household income$71,429$72,875+2.0%
Median home value$90,000$120,800+34.2%

How Russellville Compares

Economy & Housing

Household Income Distribution

Under $25K 8.3%
$25K-$50K 31.2%
$50K-$100K 43.1%
$100K+ 17.4%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
8.3%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
3.7%
$30K-$35K
2.8%
$35K-$40K
8.3%
$40K-$45K
11.9%
$45K-$50K
4.6%
$50K-$60K
2.8%
$60K-$75K
15.6%
$75K-$100K
24.8%
$100K-$125K
6.4%
$125K-$150K
1.8%
$150K-$200K
6.4%
$200K+
2.8%

Employment

0.0% Unemployment Rate State: 4.3%|National: 5.2%
60.3% Labor Force Participation

Housing Overview

Owner 94.5%
Renter 5.5%
Affordability Index Very Affordable
1.7x 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: 41 | National average: 61

Education

Russellville Rankings in Indiana

#605 Population of 967
#280 Median Income of 796
#806 Education of 966
#530 Home Value of 818

Other Cities in Putnam County

CityPopulationMedian IncomePovertyHome Value
Greencastle 9,864 $55,565 12.2% $169,200
Heritage Lake 3,227 $87,568 13.3% $262,900
Cloverdale 2,195 $42,243 14.9% $136,500
Roachdale 971 $66,216 18.7% $143,400
Fillmore 895 $85,543 5.0% $110,000
Van Bibber Lake 658 $37,315 14.3% $65,500
Bainbridge 605 $59,712 13.7% $180,500

Cities Similar to Russellville

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Needmore309N/A$94,2008.9%5.9%
Ontario301N/AN/A5.4%0.0%
Amity317N/A$207,9000.0%19.2%
Arthur299N/A$110,80020.9%42.5%
Fair Oaks323N/AN/A0.0%14.9%

A note before these figures: with a population of 308, Russellville'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

Russellville is a small community located in Indiana, within Putnam County. The total population is 308. It ranks as the 605th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Russellville is 34.5 years. This is 9% lower than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Russellville is $72,875. This is 1% higher than the state median of $71,957. It is also 10% lower than the national median of $80,734. The poverty rate stands at 6.8%. This is 45% lower than the state poverty rate of 12.3%. The survey records no unemployed residents in Russellville, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $120,800. Housing costs are 45% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.7x, Russellville is one of the most affordable housing markets in the area. 94.5% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 70.5%.

Race & Ethnicity

Russellville has a predominantly White (non-Hispanic) population, comprising 99.4% of all residents. Asian residents account for 0.7%. The Asian population (0.7%) is well below the state average of 2.6%.

Education

3.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 87% 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 80.7%.

Data Sources & Methodology

All demographic data for Russellville, 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 Russellville, Indiana?

Russellville, Indiana has a population of 308 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Russellville, IN?

The median household income in Russellville is $72,875, which is 10% lower than the national median of $80,734.

What is the poverty rate in Russellville, IN?

The poverty rate in Russellville is 6.8%. This means approximately 21 residents live below the federal poverty line.

What is the racial makeup of Russellville, Indiana?

Russellville's population is 99.4% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.7% Asian.

What is the median home value in Russellville, IN?

The median home value in Russellville is $120,800. The home-value-to-income ratio is 1.7x.

How educated is Russellville, Indiana?

3.8% of adults (25+) in Russellville hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.