City

Bourbon, IN

1 ZIP code  ·  Marshall County  ·  Indiana

👥3,391Population
💰$83,712Median HH Income▲ 10% above avg
🎂33.2Median Age
🏠$169,800Median Home Value▼ 39% below avg
🎓24.3%College Grads▼ 37% below avg
📊2.7%Unemployment▼ 46% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.5% Female 46.5% ♀

Race & Ethnicity

White: 91.5%Hispanic: 4.4%Black: 1.2%Asian: 0.5%Other: 2.3%Race
White91.5%
Hispanic4.4%
Black1.2%
Asian0.5%
Other2.3%

Age Breakdown

Under 5
5%
5–17
23%
18–24
14%
25–44
21%
45–64
25%
65+
5%

Key Indicators

Median Age33.2 yrs
Avg HH Size2.97
Below Poverty9.5% ≈ Avg
College Grads24.3% ▼ 37% below avg
Unemployment2.7% ▼ 46% below avg
No HS Diploma55 (3.1%)
HS Graduate786 (43.7%)
Some College335 (18.6%)
Associates186 (10.3%)
Bachelors126 (7%)
Graduate Degree311 (17.3%)

Education

No HS: 3.1%HS Grad: 43.7%Some College: 18.6%Associates: 10.3%Bachelors: 7%Graduate: 17.3%Edu
No HS3.1%
HS Grad43.7%
Some College18.6%
Associates10.3%
Bachelors7.0%
Graduate17.3%
Housing & Income

Housing Tenure

Owner: 84.5%Renter: 15.5%Tenure
Owner84.5%
Renter15.5%

Home Value Distribution

Under $50k
5%
$50k–$100k
15%
$100k–$150k
18%
$150k–$200k
27%
$200k–$300k
18%
$300k–$500k
12%
Over $500k
5%

Financials

Median HH Income$83,712 ▲ 10% above avg
Median Home Value$169,800 ▼ 39% below avg
Home/Income Ratio2.0x (nat avg ~3.5x)
Median Rent$861/mo
Total Housing Units1,232
Vacant Units92

Income Distribution

Under $25k
13%
$25k–$50k
17%
$50k–$75k
15%
$75k–$100k
25%
$100k–$150k
16%
$150k–$200k
8%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
88%
Walked
6%
Work From Home
6%

Commute Time

Under 15 min
25%
15–30 min
55%
30–45 min
14%
Over 45 min
7%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
10%
1960s–1970s
11%
1980s–1990s
10%
2000+
66%
About Bourbon, IN

Bourbon is a city in Indiana, located in Marshall County. The city spans 1 ZIP code and is home to approximately 3,391 residents. It is a relatively young city, with a median age of 33.2 years.

Economically, Bourbon is a middle-income community. The median household income of $83,712 is near the national average. Approximately 9.5% of residents live below the poverty line. The unemployment rate is 2.7%, below the national average.

The real estate market in Bourbon is an affordable housing market. Median home values stand at $169,800, which is below the national average. Renters typically pay around $861 per month. Homeownership is high at 84.5%, typical of suburban and family-oriented communities.

The population of Bourbon is less-educated. 24.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (91.54%).

Bourbon, IN offers residents above-average earning potential within Indiana.

ZIP Codes in Bourbon
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
46504 3,391 $83,712 $169,800 $861 2.7% 24.3% 84.5%