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Windfall City town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 1.5x is exceptionally low

As of 2026, Windfall City town, Indiana has a total population of 693, the 442nd largest city in Indiana, with a median household income of $61,375, which is 12% lower than the state average. The poverty rate is 16.5%.

Key Takeaways

Windfall City town Quick Facts

Population 693
Median Household Income $61,375
Median Home Value $94,300
Poverty Rate 16.5%
Unemployment Rate 1.2%
Median Age 38.6 years
Homeownership Rate 77.1%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 10.1%
High School Graduation Rate 77.2%
Diversity Index 32/100
Population 693 442nd of 967
Median Income $61,375 average
Poverty Rate 16.5% 33% higher national
Median Home Value $94,300 bottom 30%

How Windfall City town Compares

Economy & Housing

Employment

1.2% Unemployment Rate State: 4.3% | National: 5.2%
72.0% Labor Force Participation

Housing Overview

Owner 77.1%
Renter 22.9%
Affordability Index Very Affordable
1.5x home value to income ratio

People & Demographics

Diversity Index

32out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Windfall City town Rankings in Indiana

#442 Population of 967
#428 Median Income of 967
#629 Education of 967
#647 Home Value of 967

Cities Similar to Windfall City town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mount Summit town742N/A$211,00018.5%8.8%
Lake of the Woods CDP658$64,375$189,60014.8%6.4%
Dugger town731$58,585$79,40010.2%7.5%
Holton town640$61,250$88,6002.0%24.4%
Hudson town646$62,917$87,0008.9%22.1%

Population Overview

Windfall City town is a small community located in Indiana. The total population is 693. It ranks as the 442nd most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Windfall City town is 38.6 years. This is 2% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Windfall City town is $61,375. This is 12% lower than the state median of $70,051. Compared to the national median of $78,538, household income here is 22% lower. The poverty rate stands at 16.5%. This is 35% higher than the state poverty rate of 12.2%. The unemployment rate is 1.2%. This is 73% lower than the state rate of 4.3%. The median home value is $94,300. Housing costs are 53% lower than the state median of $201,600. With a home-value-to-income ratio of just 1.5x, Windfall City town is one of the most affordable housing markets in the area. 77.1% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 70.3%.

Race & Ethnicity

The largest racial or ethnic group in Windfall City town is White (non-Hispanic), making up 81.7% of the population. Hispanic or Latino residents account for 10.3%. The Black or African American population (2.0%) is well below the state average of 9.1%.

Education

10.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 65% 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 77.2%.

Data Sources & Methodology

All demographic data for Windfall City 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 Windfall City town, Indiana?

Windfall City town, Indiana has a population of 693 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Windfall City town, IN?

The median household income in Windfall City town is $61,375, which is 22% lower the national median of $78,538.

What is the poverty rate in Windfall City town, IN?

The poverty rate in Windfall City town is 16.5%. This means approximately 114 residents live below the federal poverty line.

What is the racial makeup of Windfall City town, Indiana?

Windfall City town's population is 81.7% White, 2.0% Black, 10.3% Hispanic/Latino, and 1.9% Asian.

What is the median home value in Windfall City town, IN?

The median home value in Windfall City town is $94,300. The home-value-to-income ratio is 1.5x.

How educated is Windfall City town, Indiana?

10.1% of adults (25+) in Windfall City town hold a bachelor's degree or higher, and 1.5% hold a graduate or professional degree.