Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 34.9 yrs |
|---|---|
| Avg HH Size | 2.65 |
| Below Poverty | 11.4% ▲ 14% above avg |
| College Grads | 37.7% ≈ Avg |
| Unemployment | 1.4% ▼ 71% below avg |
| HS Graduate | 409 (38.4%) |
| Some College | 146 (13.7%) |
| Associates | 109 (10.2%) |
| Bachelors | 98 (9.2%) |
| Graduate Degree | 304 (28.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $100,479 ▲ 32% above avg |
|---|---|
| Median Home Value | $140,200 ▼ 50% below avg |
| Home/Income Ratio | 1.4x (nat avg ~3.5x) |
| Median Rent | $714/mo |
| Total Housing Units | 701 |
| Vacant Units | 59 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Spiceland is a city in Indiana, located in Henry County. The city spans 1 ZIP code and is home to approximately 1,700 residents. It is a relatively young city, with a median age of 34.9 years.
Economically, Spiceland is a upper-middle-income community. The median household income of $100,479 is above the national average. Approximately 11.4% of residents live below the poverty line. The unemployment rate is 1.4%, well below the national average.
The real estate market in Spiceland is one of the more affordable housing markets in the country. Median home values stand at $140,200, which is below the national average. Renters typically pay around $714 per month. Homeownership is high at 74.6%, typical of suburban and family-oriented communities.
The population of Spiceland is moderately educated. 37.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (98.47%).
Spiceland, IN offers residents above-average earning potential within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47385 | 1,700 | $100,479 | $140,200 | $714 | 1.4% | 37.7% | 74.6% |