Ellettsville, IN Profile: Facts & Data

Ellettsville, Indiana - Basic Facts

The Town of Ellettsville had a population of 7,058 as of July 1, 2024.

The primary coordinate point for Ellettsville is located at latitude 39.2339 and longitude -86.625 in Monroe County. The formal boundaries for the Town of Ellettsville encompass a land area of 4.11 sq. miles and a water area of 0 sq. miles. Monroe County is in the Eastern time zone (GMT -5).

The Town of Ellettsville 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 Ellettsville is located within Township of Richland, a minor civil division (MCD) of Monroe County.

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

POPULATION
Total Population	7,058 (100%)
Population in Households	7,012 (99.3%)
Population in Families	5,575 (79.0%)
Population in Group Quarters¹	46 ( 0.7%)
Population Density	1,364
Diversity Index²	22


INCOME
Median Household Income	$98,625
Average Household Income	$112,813
% of Income for Mortgage⁴	17%
Per Capita Income	$46,282
Wealth Index⁵	97
Socioeconomic Status Index⁶	Moderate (63.1)

HOUSING
Total HU (Housing Units)	3,080 (100%)
Owner Occupied HU	2,311 (75.0%)
Renter Occupied HU	584 (19.0%)
Vacant Housing Units	185 ( 6.0%)
Median Home Value	$263,739
Average Home Value	$275,692
Housing Affordability Index³	150

HOUSEHOLDS
Total Households	2,895
Average Household Size	2.42
Family Households	1,886
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

3,080 (100%)

Owner Occupied HU

2,311 (75.0%)

Renter Occupied HU

584 (19.0%)

Vacant Housing Units

185 ( 6.0%)

Median Home Value

$263,739

Average Home Value

$275,692

Housing Affordability Index³

150

HOUSEHOLDS

Total Households

2,895

Average Household Size

2.42

Family Households

1,886

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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.39%	0.38%
Households	1.17%	0.71%
Families		0.42%
Median Household Income		2.27%
Per Capita Income		4.00%
Owner Occupied HU		1.12%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

1.39%

0.38%

Households

1.17%

0.71%

Families

0.42%

Median Household Income

2.27%

Per Capita Income

4.00%

Owner Occupied HU

1.12%

Ellettsville, IN - Peer Comparisons by Rank and Percentile

The table below compares Ellettsville 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.

Variable Description	Rank	Percentile
Total Population	# 102	90th
Population Density	# 312	68th
Median Household Income	# 119	88th
Housing Affordability Index	# 677	69th
Per Capita Income	# 150	85th
Diversity Index	# 324	67th

Variable Description

Rank

Percentile

Total Population

# 102

90th

Population Density

# 312

68th

Median Household Income

# 119

88th

Housing Affordability Index

# 677

69th

Per Capita Income

# 150

85th

Diversity Index

# 324

67th

Indiana Census Data Comparison Tool

Ellettsville, IN Profile: Facts & Data

Ellettsville, Indiana - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Ellettsville, IN - Peer Comparisons by Rank and Percentile

Ellettsville, IN - Most Popular Things to Do

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Monroe County