Cloverland, IN Profile: Facts & Data

The primary coordinate point for Cloverland is located at latitude 39.5014 and longitude -87.2314 in Clay County. Clay County is in the Eastern time zone (GMT -5).

The Cloverland Census Designated Place is located within Township of Posey, a minor civil division (MCD) of Clay County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Cloverland, IN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	437 (100%)
Population in Households	437 (100.0%)
Population in Families	332 (76.0%)
Population in Group Quarters¹	0
Population Density	741
Diversity Index²	13


INCOME
Median Household Income	$70,885
Average Household Income	$105,702
% of Income for Mortgage⁴	19%
Per Capita Income	$43,539
Wealth Index⁵	111
Socioeconomic Status Index⁶	Moderate (54.2)

HOUSING
Total HU (Housing Units)	190 (100%)
Owner Occupied HU	149 (78.4%)
Renter Occupied HU	31 (16.3%)
Vacant Housing Units	10 ( 5.3%)
Median Home Value	$209,375
Average Home Value	$250,168
Housing Affordability Index³	140

HOUSEHOLDS
Total Households	180
Average Household Size	2.43
Family Households	120
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Cloverland, IN - Peer Comparisons by Rank and Percentile

The table below compares Cloverland to the other 976 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.48%	-0.18%
Households	-0.26%	0.00%
Families		2.38%
Median Household Income		3.86%
Per Capita Income		3.97%
Owner Occupied HU		0.00%

Variable Description	Rank	Percentile
Total Population	# 507	48th
Population Density	# 542	45th
Median Household Income	# 472	52nd
Housing Affordability Index	# 606	62nd
Per Capita Income	# 203	79th
Diversity Index	# 679	31st

Cloverland, IN Profile: Facts & Data

Cloverland, Indiana - Basic Facts

Cloverland, IN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Cloverland, IN - Peer Comparisons by Rank and Percentile

Cloverland, IN - Most Popular Things to Do

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