Windfall City, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Windfall City, Indiana had a total population of 705, the 434th largest town in Indiana, with a median household income of $58,550, which is 19% lower than the state average. The poverty rate is 15.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.5x.
- Near full employment with an unemployment rate of just 1.2%.
Windfall City Quick Facts
How Windfall City Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 693 | 705 | +1.7% |
| Median household income | $61,375 | $58,550 | -4.6% |
| Median home value | $94,300 | $88,700 | -5.9% |
How Windfall City Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Windfall City Rankings in Indiana
Explore Indiana Rankings
Other Cities in Tipton County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Tipton | 5,280 | $59,828 | 17.7% | $161,700 |
| Sharpsville | 662 | $92,500 | 6.2% | $116,700 |
| Kempton | 225 | $52,500 | 4.9% | $118,800 |
Cities Similar to Windfall City
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mount Summit | 713 | N/A | $214,100 | 17.2% | 4.9% |
| Reynolds | 718 | $58,750 | $123,900 | 15.9% | 5.9% |
| San Pierre | 727 | N/A | $193,600 | 9.3% | 1.8% |
| Arlington | 678 | $57,841 | $131,300 | 19.3% | 13.1% |
| Gaston | 710 | $52,292 | $90,000 | 12.3% | 15.4% |
A note before these figures: with a population of 705, Windfall City'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
Windfall City is a small community located in Indiana, within Tipton County. The total population is 705. It ranks as the 434th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Windfall City is 43.0 years. This is 13% higher than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Windfall City is $58,550. This is 19% lower than the state median of $71,957. It is also 27% lower than the national median of $80,734. The poverty rate stands at 15.4%. This is 25% higher than the state poverty rate of 12.3%. The unemployment rate is 1.2%. This is 71% lower than the state rate of 4.3%. The median home value is $88,700. Housing costs are 59% lower than the state median of $218,200. With a home-value-to-income ratio of just 1.5x, Windfall City is one of the most affordable housing markets in the area. 82.4% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 70.5%.
Race & Ethnicity
The largest racial or ethnic group in Windfall City is White (non-Hispanic), making up 84.5% of the population. Hispanic or Latino residents account for 5.5%. The Black or African American population (2.0%) is well below the state average of 9.1%. The Asian population (1.3%) is well below the state average of 2.6%.
Education
11.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 60% 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 80.0%.
Data Sources & Methodology
All demographic data for Windfall City, 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 Windfall City, Indiana?
Windfall City, Indiana has a population of 705 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Windfall City, IN?
The median household income in Windfall City is $58,550, which is 27% lower than the national median of $80,734.
What is the poverty rate in Windfall City, IN?
The poverty rate in Windfall City is 15.4%. This means approximately 108 residents live below the federal poverty line.
What is the racial makeup of Windfall City, Indiana?
Windfall City's population is 84.5% White, 2.0% Black, 5.5% Hispanic/Latino, and 1.3% Asian.
What is the median home value in Windfall City, IN?
The median home value in Windfall City is $88,700. The home-value-to-income ratio is 1.5x.
How educated is Windfall City, Indiana?
11.8% of adults (25+) in Windfall City hold a bachelor's degree or higher, and 1.8% hold a graduate or professional degree.