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Patoka, IN Profile: Facts & Data

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Patoka, Indiana - Basic Facts

The Town of Patoka had a population of 718 as of July 1, 2020. Patoka ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Patoka is located at latitude 38.407 and longitude -87.5856 in Gibson County. The formal boundaries for the Town of Patoka encompass a land area of 1.12 sq. miles and a water area of 0.02 sq. miles. Gibson County is in the Central time zone (GMT -6). The elevation is 433 feet.

The Town of Patoka (GNIS ID: 2396850) 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 Patoka is located within Township of White River, a minor civil division (MCD) of Gibson County.

Alternate Unofficial Names for Patoka: Columbia, Smithville.

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Patoka, IN Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 718 (100%)
Population in Households 718 (100.0%)
Population in Families 608 (84.7%)
Population in Group Quarters1 0
Population Density 655
Diversity Index2 16
 
 

INCOME

Median Household Income $47,329
Average Household Income $65,299
% of Income for Mortgage4 9%
Per Capita Income $26,700
Wealth Index5 69
 

HOUSING

Total HU (Housing Units) 352 (100%)
Owner Occupied HU 250 (71.0%)
Renter Occupied HU 41 (11.6%)
Vacant Housing Units 61 (17.3%)
Median Home Value $98,913
Average Home Value $168,400
Housing Affordability Index3 293
 

HOUSEHOLDS

Total Households 291
Average Household Size 2.47
Family Households 212
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population -0.23% -0.14%
Households -0.13% -0.07%
Families -0.14% -0.19%
Median Household Income   0.34%
Per Capita Income   1.1%
Owner Occupied HU   -0.08%

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Patoka, IN - Peer Comparisons by Rank and Percentile

The table below compares Patoka to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2020 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 # 406 40th
Population Density # 532 22nd
Median Household Income # 483 29th
Housing Affordability Index # 435 64th
Per Capita Income # 299 56th
Diversity Index # 222 67th

Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.

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