Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 55.2 yrs |
|---|---|
| Avg HH Size | 2.23 |
| Below Poverty | 17.1% ▲ 71% above avg |
| College Grads | 28.3% ▼ 27% below avg |
| Unemployment | 14.5% ▲ 197% above avg |
| No HS Diploma | 51 (4.3%) |
| HS Graduate | 618 (51.8%) |
| Some College | 100 (8.4%) |
| Associates | 87 (7.3%) |
| Bachelors | 142 (11.9%) |
| Graduate Degree | 196 (16.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $71,250 ≈ Avg |
|---|---|
| Median Home Value | $237,900 ▼ 15% below avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $633/mo |
| Total Housing Units | 891 |
| Vacant Units | 147 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Freetown is a city in Indiana, located in Jackson County. The city spans 1 ZIP code and is home to approximately 1,658 residents. It is an older city, with a median age of 55.2 years.
Economically, Freetown is a solidly middle-class community. The median household income of $71,250 is near the national average. Approximately 17.1% of residents live below the poverty line. The unemployment rate is 14.5%, more than double the national average.
The real estate market in Freetown is an affordable housing market. Median home values stand at $237,900, which is near the national average. Renters typically pay around $633 per month. Homeownership is high at 92.5%, typical of suburban and family-oriented communities.
The population of Freetown is moderately educated. 28.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (99.46%).
Freetown, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47235 | 1,658 | $71,250 | $237,900 | $633 | 14.5% | 28.3% | 92.5% |