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Elizabeth, IN Profile: Facts & Data

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Elizabeth, Indiana - Basic Facts

The Town of Elizabeth had a population of 143 as of July 1, 2020. Elizabeth ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Indiana. See peer rankings below.

The primary coordinate point for Elizabeth is located at latitude 38.1212 and longitude -85.9741 in Harrison County. The formal boundaries for the Town of Elizabeth encompass a land area of 0.17 sq. miles and a water area of 0 sq. miles. Harrison County is in the Eastern time zone (GMT -5). The elevation is 728 feet.

The Town of Elizabeth (GNIS ID: 2396924) 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 Elizabeth is located within Township of Posey, a minor civil division (MCD) of Harrison County.


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

POPULATION

Total Population 143 (100%)
Population in Households 143 (100.0%)
Population in Families 122 (85.3%)
Population in Group Quarters1 0
Population Density 547
Diversity Index2 6
 
 

INCOME

Median Household Income $59,718
Average Household Income $70,373
% of Income for Mortgage4 0%
Per Capita Income $26,861
Wealth Index5 66
 

HOUSING

Total HU (Housing Units) 66 (100%)
Owner Occupied HU 47 (71.2%)
Renter Occupied HU 7 (10.6%)
Vacant Housing Units 12 (18.2%)
Median Home Value $148,333
Average Home Value $164,796
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 54
Average Household Size 2.65
Family Households 40
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 0.64% 0.69%
Households 0.75% 0.73%
Families 1.03% 0.98%
Median Household Income   0.59%
Per Capita Income   1.75%
Owner Occupied HU   0.84%

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Elizabeth, IN - Peer Comparisons by Rank and Percentile

The table below compares Elizabeth 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 # 632 7th
Population Density # 561 18th
Median Household Income # 213 69th
Housing Affordability Index # 26 4th
Per Capita Income # 290 57th
Diversity Index # 630 8th

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

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