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Collegeville, IN Profile: Facts & Data

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Collegeville, Indiana - Basic Facts

The Collegeville Census Designated Place had a population of 335 as of July 1, 2020. Collegeville 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 Collegeville is located at latitude 40.9117 and longitude -87.1553 in Jasper County. The formal boundaries for the Collegeville Census Designated Place encompass a land area of 1.13 sq. miles and a water area of 0 sq. miles. Jasper County is in the Central time zone (GMT -6). The elevation is 666 feet.

The Collegeville Census Designated Place (GNIS ID: 2393381) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Collegeville Census Designated Place is located within Township of Marion, a minor civil division (MCD) of Jasper County.


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

POPULATION

Total Population 335 (100%)
Population in Households 264 (78.8%)
Population in Families 223 (66.6%)
Population in Group Quarters1 71 (21.2%)
Population Density 301
Diversity Index2 19
 
 

INCOME

Median Household Income $70,842
Average Household Income $74,897
% of Income for Mortgage4 0%
Per Capita Income $21,885
Wealth Index5 67
 

HOUSING

Total HU (Housing Units) 31 (100%)
Owner Occupied HU 21 (67.7%)
Renter Occupied HU 7 (22.6%)
Vacant Housing Units 3 ( 9.7%)
Median Home Value $160,000
Average Home Value $168,750
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 28
Average Household Size 9.43
Family Households 21
Average Family Size 11
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 0.15% 0.24%
Households 0.36% 0.0%
Families -0.45% 0.0%
Median Household Income   1.53%
Per Capita Income   1.57%
Owner Occupied HU   0.93%

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Collegeville, IN - Peer Comparisons by Rank and Percentile

The table below compares Collegeville 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 # 538 21st
Population Density # 620 9th
Median Household Income # 93 86th
Housing Affordability Index # 45 7th
Per Capita Income # 572 16th
Diversity Index # 182 73rd

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

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