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Summitville, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

During the 2020–2024 ACS period, Summitville, Indiana had a total population of 1,104, the 336th largest town in Indiana, with a median household income of $52,946, which is 26% lower than the state average. The poverty rate is 21.4%.

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

Key Takeaways

Summitville Quick Facts

Population 1,104
Median Household Income $52,946
Median Home Value $101,600
Poverty Rate 21.4%
Unemployment Rate 3.1%
Median Age 39.5 years
Homeownership Rate 71.4%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 8.8%
High School Graduation Rate 86.6%
Diversity Index 7/100
Population 1,104 336th of 967
Median Income $52,946 bottom 30%
Poverty Rate 21.4% 72% higher than national
Median Home Value $101,600 bottom 30%

How Summitville 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
Population1,2331,104-10.5%
Median household income$57,000$52,946-7.1%
Median home value$89,000$101,600+14.2%

How Summitville Compares

Economy & Housing

Household Income Distribution

Under $25K 23.7%
$25K-$50K 23.5%
$50K-$100K 35.9%
$100K+ 16.9%
Detailed income brackets
Under $10K
4.7%
$10K-$15K
6.9%
$15K-$20K
1.5%
$20K-$25K
10.8%
$25K-$30K
4.2%
$30K-$35K
7.3%
$35K-$40K
3.2%
$40K-$45K
2.2%
$45K-$50K
6.6%
$50K-$60K
11.5%
$60K-$75K
13.2%
$75K-$100K
11.3%
$100K-$125K
10.3%
$125K-$150K
2.9%
$150K-$200K
1.0%
$200K+
2.7%

Employment

3.1% Unemployment Rate State: 4.3%|National: 5.2%
53.6% Labor Force Participation

Housing Overview

Owner 71.4%
Renter 28.6%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $760/mo 17.2% of median household income annually

People & Demographics

Diversity Index

7out 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

Summitville Rankings in Indiana

#336 Population of 967
#600 Median Income of 796
#686 Education of 966
#640 Home Value of 818

Other Cities in Madison County

CityPopulationMedian IncomePovertyHome Value
Anderson 55,367 $46,909 21.0% $119,000
Elwood 8,356 $53,280 19.5% $97,800
Pendleton 5,321 $86,806 9.2% $248,200
Alexandria 5,155 $64,317 7.8% $97,800
Lapel 2,668 $79,778 6.4% $220,400
Ingalls 2,512 $74,236 9.6% $189,900
Chesterfield 2,489 $58,824 11.9% $113,100
Edgewood 2,121 $87,770 2.9% $200,100
Frankton 1,658 $68,611 9.2% $140,400
Markleville 739 $89,167 8.0% $184,200

Cities Similar to Summitville

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Oxford1,113$51,522$121,80013.2%13.9%
Morristown1,134$53,250$162,00016.1%14.1%
Wolcottville1,143$53,625$95,8006.8%17.4%
Monroeville1,122$56,302$128,00014.5%4.5%
Cayuga1,064$50,872$79,8006.5%13.2%

Population Overview

Summitville is a small community located in Indiana, within Madison County. The total population is 1,104. It ranks as the 336th most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Summitville is 39.5 years. This is 4% higher than the state median of 38.1 years. With 29.5% of the population under 18, Summitville has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Summitville is $52,946. This is 26% lower than the state median of $71,957. It is also 34% lower than the national median of $80,734. The poverty rate stands at 21.4%. This is 74% higher than the state poverty rate of 12.3%. 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 3.1%. This is 28% lower than the state rate of 4.3%. The median home value is $101,600. Housing costs are 53% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.9x, Summitville is one of the most affordable housing markets in the area. 71.4% of occupied housing units are owner-occupied. This homeownership rate is 1% higher than the state average of 70.5%.

Race & Ethnicity

Summitville has a predominantly White (non-Hispanic) population, comprising 96.3% of all residents. Hispanic or Latino residents account for 1.4%. The Black or African American population (0.3%) is well below the state average of 9.1%. The Hispanic or Latino population (1.4%) is well below the state average of 8.6%.

Education

8.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% 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 86.6%.

Data Sources & Methodology

All demographic data for Summitville, 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 Summitville, Indiana?

Summitville, Indiana has a population of 1,104 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Summitville, IN?

The median household income in Summitville is $52,946, which is 34% lower than the national median of $80,734.

What is the poverty rate in Summitville, IN?

The poverty rate in Summitville is 21.4%. This means approximately 232 residents live below the federal poverty line.

What is the racial makeup of Summitville, Indiana?

Summitville's population is 96.3% White, 0.3% Black, 1.4% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Summitville, IN?

The median home value in Summitville is $101,600. The home-value-to-income ratio is 1.9x.

How educated is Summitville, Indiana?

8.8% of adults (25+) in Summitville hold a bachelor's degree or higher, and 0.7% hold a graduate or professional degree.