Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.8 yrs |
|---|---|
| Avg HH Size | 2.72 |
| Below Poverty | 28.0% ▲ 180% above avg |
| College Grads | 20.5% ▼ 47% below avg |
| Unemployment | 3.4% ▼ 31% below avg |
| HS Graduate | 622 (47%) |
| Some College | 231 (17.4%) |
| Associates | 199 (15%) |
| Bachelors | 90 (6.8%) |
| Graduate Degree | 182 (13.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $49,199 ▼ 36% below avg |
|---|---|
| Median Home Value | $85,600 ▼ 69% below avg |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $858/mo |
| Total Housing Units | 900 |
| Vacant Units | 85 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Redkey is a city in Indiana, located in Jay County. The city spans 1 ZIP code and is home to approximately 2,218 residents. It is a middle-aged city, with a median age of 38.8 years.
Economically, Redkey is a working-class community. The median household income of $49,199 is below the national average. Approximately 28.0% of residents live below the poverty line. The unemployment rate is 3.4%, below the national average.
The real estate market in Redkey is one of the more affordable housing markets in the country. Median home values stand at $85,600, which is well below the national average. Renters typically pay around $858 per month. Homeownership is high at 79.0%, typical of suburban and family-oriented communities.
The population of Redkey is less-educated. 20.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (93.24%).
Redkey, IN offers residents a cost-conscious lifestyle within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47373 | 2,218 | $49,199 | $85,600 | $858 | 3.4% | 20.5% | 79.0% |