Also See Bourbon, IN: ZIP Codes & Maps
The Town of Bourbon had a population of 1,742 as of July 1, 2023.
The primary coordinate point for Bourbon is located at latitude 41.2956 and longitude -86.1164 in Marshall County. The formal boundaries for the Town of Bourbon encompass a land area of 0.99 sq. miles and a water area of 0 sq. miles. Marshall County is in the Eastern time zone (GMT -5).
The Town of Bourbon has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The Town of Bourbon is located within Township of Bourbon, a minor civil division (MCD) of Marshall County.
POPULATION | |
---|---|
Total Population | 1,742 (100%) |
Population in Households | 1,742 (100.0%) |
Population in Families | 1,443 (82.8%) |
Population in Group Quarters1 | 0 |
Population Density | 1,513 |
Diversity Index2 | 24 |
INCOME | |
Median Household Income | $72,116 |
Average Household Income | $76,331 |
% of Income for Mortgage4 | 12% |
Per Capita Income | $30,410 |
Wealth Index5 | 51 |
Socioeconomic Status Index6 | Moderate (54.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 735 (100%) |
Owner Occupied HU | 508 (69.1%) |
Renter Occupied HU | 186 (25.3%) |
Vacant Housing Units | 41 ( 5.6%) |
Median Home Value | $144,620 |
Average Home Value | $155,856 |
Housing Affordability Index3 | 207 |
HOUSEHOLDS | |
Total Households | 694 |
Average Household Size | 2.51 |
Family Households | 467 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.79% | 0.13% |
Households | 0.09% | 0.20% |
Families | 0.47% | |
Median Household Income | 1.68% | |
Per Capita Income | 2.81% | |
Owner Occupied HU | 0.70% |
The table below compares Bourbon to the other 973 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 250 | 74th |
Population Density | # 263 | 73rd |
Median Household Income | # 344 | 65th |
Housing Affordability Index | # 851 | 87th |
Per Capita Income | # 642 | 34th |
Diversity Index | # 274 | 72nd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.
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