Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.4 yrs |
|---|---|
| Avg HH Size | 2.93 |
| College Grads | 30.9% ▼ 20% below avg |
| HS Graduate | 138 (38.4%) |
| Some College | 53 (14.8%) |
| Associates | 57 (15.9%) |
| Bachelors | 24 (6.7%) |
| Graduate Degree | 87 (24.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $104,250 ▲ 37% above avg |
|---|---|
| Median Home Value | $208,300 ▼ 25% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Total Housing Units | 247 |
| Vacant Units | 59 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Velpen is a city in Indiana, located in Pike County. The city spans 1 ZIP code and is home to approximately 550 residents. It is a middle-aged city, with a median age of 39.4 years.
Economically, Velpen is a upper-middle-income community. The median household income of $104,250 is above the national average.
The real estate market in Velpen is an affordable housing market. Median home values stand at $208,300, which is below the national average. Homeownership is high at 84.0%, typical of suburban and family-oriented communities.
The population of Velpen is moderately educated. 30.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (97.64%).
Velpen, IN offers residents above-average earning potential within Indiana.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 47590 | 550 | $104,250 | $208,300 | — | 0.0% | 30.9% | 84.0% |