Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.8 yrs |
|---|---|
| Avg HH Size | 2.43 |
| Below Poverty | 1.5% ▼ 85% below avg |
| College Grads | 27.3% ▼ 30% below avg |
| Unemployment | 17.4% ▲ 255% above avg |
| No HS Diploma | 9 (0.8%) |
| HS Graduate | 278 (25.5%) |
| Some College | 261 (23.9%) |
| Associates | 245 (22.5%) |
| Bachelors | 128 (11.7%) |
| Graduate Degree | 169 (15.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $99,479 ▲ 30% above avg |
|---|---|
| Median Home Value | $179,300 ▼ 36% below avg |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Total Housing Units | 681 |
| Vacant Units | 35 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Flat Rock is a city in Indiana, located in Shelby County. The city spans 1 ZIP code and is home to approximately 1,571 residents. It is a mature city, with a median age of 46.8 years.
Economically, Flat Rock is a middle-income community. The median household income of $99,479 is above the national average. Approximately 1.5% of residents live below the poverty line. The unemployment rate is 17.4%, more than double the national average.
The real estate market in Flat Rock is an affordable housing market. Median home values stand at $179,300, which is below the national average. Homeownership is high at 83.9%, typical of suburban and family-oriented communities.
The population of Flat Rock is moderately educated. 27.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (85.81%).
Flat Rock, IN offers residents above-average earning potential within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47234 | 1,571 | $99,479 | $179,300 | — | 17.4% | 27.3% | 83.9% |