Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 55.8 yrs |
|---|---|
| Avg HH Size | 1.92 |
| Below Poverty | 4.5% ▼ 55% below avg |
| College Grads | 20.5% ▼ 47% below avg |
| Unemployment | 2.1% ▼ 57% below avg |
| HS Graduate | 278 (50.5%) |
| Some College | 93 (16.9%) |
| Associates | 67 (12.2%) |
| Bachelors | 20 (3.6%) |
| Graduate Degree | 93 (16.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $66,533 ▼ 13% below avg |
|---|---|
| Median Home Value | $222,700 ▼ 20% below avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $738/mo |
| Total Housing Units | 355 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cedar Grove is a city in Indiana, located in Franklin County. The city spans 1 ZIP code and is home to approximately 683 residents. It is an older city, with a median age of 55.8 years.
Economically, Cedar Grove is a solidly middle-class community. The median household income of $66,533 is near the national average. Approximately 4.5% of residents live below the poverty line. The unemployment rate is 2.1%, well below the national average.
The real estate market in Cedar Grove is an affordable housing market. Median home values stand at $222,700, which is below the national average. Renters typically pay around $738 per month. Homeownership is high at 89.0%, typical of suburban and family-oriented communities.
The population of Cedar Grove is less-educated. 20.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (98.24%).
Cedar Grove, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47016 | 683 | $66,533 | $222,700 | $738 | 2.1% | 20.5% | 89.0% |