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Spiceland town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Spiceland town, Indiana has a total population of 896, the 380th largest city in Indiana, with a median household income of $63,676, which is 9% lower than the state average. The poverty rate is 19.8%.

Key Takeaways

Spiceland town Quick Facts

Population 896
Median Household Income $63,676
Median Home Value $107,700
Poverty Rate 19.8%
Unemployment Rate 3.1%
Median Age 32.6 years
Homeownership Rate 74.5%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 12.1%
High School Graduation Rate 96.1%
Diversity Index 2/100
Population 896 380th of 967
Median Income $63,676 average
Poverty Rate 19.8% 59% higher national
Median Home Value $107,700 below average

How Spiceland town Compares

Economy & Housing

Employment

3.1% Unemployment Rate State: 4.3% | National: 5.2%
62.6% Labor Force Participation

Housing Overview

Owner 74.5%
Renter 25.5%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

2out 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

Spiceland town Rankings in Indiana

#380 Population of 967
#372 Median Income of 967
#563 Education of 967
#559 Home Value of 967

Other Cities in Henry County

CityPopulationMedian IncomePovertyHome Value
Greensboro town 162 N/A 4.3% $103,100

Cities Similar to Spiceland town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Patoka town887$61,136$92,3009.7%19.7%
Hoagland CDP886$60,417$170,90022.8%13.2%
Colfax town926$61,964$114,3005.9%5.9%
Swayzee town872$66,250$118,80022.6%10.9%
North Webster town886$59,167$192,90018.2%8.0%

Population Overview

Spiceland town is a small community located in Indiana, within Henry County. The total population is 896. It ranks as the 380th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Spiceland town is 32.6 years. This is 14% lower than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Spiceland town is $63,676. This is 9% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 19% lower. The poverty rate stands at 19.8%. This is 62% higher than the state poverty rate of 12.2%. The unemployment rate is 3.1%. This is 28% lower than the state rate of 4.3%. The median home value is $107,700. Housing costs are 47% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.7x, Spiceland town is one of the most affordable housing markets in the area. 74.5% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 70.3%.

Race & Ethnicity

Spiceland town has a predominantly White (non-Hispanic) population, comprising 99.1% of all residents. Black or African American residents account for 0.3%. The Black or African American population (0.3%) is well below the state average of 9.1%.

Education

12.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 58% 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 96.1%.

Data Sources & Methodology

All demographic data for Spiceland 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 Spiceland town, Indiana?

Spiceland town, Indiana has a population of 896 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Spiceland town is $63,676, which is 19% lower the national median of $78,538.

What is the poverty rate in Spiceland town, IN?

The poverty rate in Spiceland town is 19.8%. This means approximately 174 residents live below the federal poverty line.

What is the racial makeup of Spiceland town, Indiana?

Spiceland town's population is 99.1% White, 0.3% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Spiceland town is $107,700. The home-value-to-income ratio is 1.7x.

How educated is Spiceland town, Indiana?

12.1% of adults (25+) in Spiceland town hold a bachelor's degree or higher, and 3.2% hold a graduate or professional degree.