City

Thayer, IN

1 ZIP code  ·  Newton County  ·  Indiana

👥447Population
💰$45,391Median HH Income▼ 41% below avg
🎂56.3Median Age
🏠$150,700Median Home Value▼ 46% below avg
🎓6.3%College Grads▼ 84% below avg
📊27.4%Unemployment▲ 461% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 33.6% Female 66.4% ♀

Race & Ethnicity

White: 79%Hispanic: 8.5%Asian: 10.7%Other: 1.8%Race
White79.0%
Hispanic8.5%
Asian10.7%
Other1.8%

Age Breakdown

Under 5
2%
5–17
7%
18–24
10%
25–44
4%
45–64
66%
65+
9%

Key Indicators

Median Age56.3 yrs
Avg HH Size2.29
Below Poverty35.8% ▲ 258% above avg
College Grads6.3% ▼ 84% below avg
Unemployment27.4% ▲ 461% above avg
HS Graduate149 (44.9%)
Some College20 (6%)
Associates142 (42.8%)
Graduate Degree21 (6.3%)

Education

HS Grad: 44.9%Some College: 6%Associates: 42.8%Graduate: 6.3%Edu
HS Grad44.9%
Some College6.0%
Associates42.8%
Graduate6.3%
Housing & Income

Housing Tenure

Owner: 88.2%Renter: 11.8%Tenure
Owner88.2%
Renter11.8%

Home Value Distribution

Under $50k
36%
$100k–$150k
13%
$150k–$200k
27%
$300k–$500k
24%

Financials

Median HH Income$45,391 ▼ 41% below avg
Median Home Value$150,700 ▼ 46% below avg
Home/Income Ratio3.3x (nat avg ~3.5x)
Total Housing Units195

Income Distribution

Under $25k
17%
$25k–$50k
40%
$50k–$75k
12%
$75k–$100k
10%
$100k–$150k
21%
Employment & Commute

How People Get to Work

Drove Alone
72%
Work From Home
28%

Commute Time

15–30 min
29%
Over 45 min
71%
Housing Stock

Year Built

1940s–1950s
7%
1960s–1970s
40%
2000+
54%
About Thayer, IN

Thayer is a city in Indiana, located in Newton County. The city spans 1 ZIP code and is home to approximately 447 residents. It is an older city, with a median age of 56.3 years.

Economically, Thayer is a working-class community. The median household income of $45,391 is below the national average. Approximately 35.8% of residents live below the poverty line. The unemployment rate is 27.4%, more than double the national average.

The real estate market in Thayer is an affordable housing market. Median home values stand at $150,700, which is below the national average. Homeownership is high at 88.2%, typical of suburban and family-oriented communities.

The population of Thayer is less-educated. 6.3% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (78.97%).

Thayer, IN offers residents a cost-conscious lifestyle within Indiana.

ZIP Codes in Thayer
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
46381 447 $45,391 $150,700 27.4% 6.3% 88.2%