Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.0 yrs |
|---|---|
| Avg HH Size | 2.30 |
| Below Poverty | 8.1% ▼ 19% below avg |
| College Grads | 34.5% ▼ 11% below avg |
| Unemployment | 1.3% ▼ 74% below avg |
| HS Graduate | 85 (30.2%) |
| Some College | 36 (12.8%) |
| Associates | 63 (22.4%) |
| Bachelors | 25 (8.9%) |
| Graduate Degree | 72 (25.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,000 ▼ 15% below avg |
|---|---|
| Median Home Value | $164,800 ▼ 41% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $1,014/mo |
| Total Housing Units | 208 |
| Vacant Units | 26 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Advance is a city in Indiana, located in Boone County. The city spans 1 ZIP code and is home to approximately 418 residents. It is a mature city, with a median age of 47 years.
Economically, Advance is a solidly middle-class community. The median household income of $65,000 is near the national average. Approximately 8.1% of residents live below the poverty line. The unemployment rate is 1.3%, well below the national average.
The real estate market in Advance is an affordable housing market. Median home values stand at $164,800, which is below the national average. Renters typically pay around $1,014 per month. Homeownership is high at 83.5%, typical of suburban and family-oriented communities.
The population of Advance is moderately educated. 34.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (97.13%).
Advance, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 46102 | 418 | $65,000 | $164,800 | $1,014 | 1.3% | 34.5% | 83.5% |