Cannelton, IN Profile: Facts & Data

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Cannelton, Indiana - Basic Facts

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The City of Cannelton had a population of 1,557 as of July 1, 2021.

The primary coordinate point for Cannelton is located at latitude 37.9114 and longitude -86.7444 in Perry County. The formal boundaries for the City of Cannelton encompass a land area of 1.48 sq. miles and a water area of 0.1 sq. miles. Perry County is in the Central time zone (GMT -6). The elevation is 407 feet.

The City of Cannelton 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 City of Cannelton is located within Township of Troy, a minor civil division (MCD) of Perry County.

Alternate Unofficial Names for Cannelton: Cannelsburg, Cannelton Heights.

Jump to... (On This Page!)
  1. Cannelton 2021 Demographic Data
  2. Growth Rates for Cannelton (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Indiana Research Tools (Easy Tools & Current Data)
  3. Indiana Data Comparison Tool - 2021 Demographics
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Cannelton, IN Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 1,557 (100%)
Population in Households 1,539 (98.8%)
Population in Families 1,186 (76.2%)
Population in Group Quarters1 18 ( 1.2%)
Population Density 1,051
Diversity Index2 8
 
 

INCOME

Median Household Income $38,698
Average Household Income $55,392
% of Income for Mortgage4 9%
Per Capita Income $24,053
Wealth Index5 54
 

HOUSING

Total HU (Housing Units) 851 (100%)
Owner Occupied HU 427 (50.2%)
Renter Occupied HU 254 (29.8%)
Vacant Housing Units 170 (20.0%)
Median Home Value $86,061
Average Home Value $113,259
Housing Affordability Index3 275
 

HOUSEHOLDS

Total Households 681
Average Household Size 2.26
Family Households 403
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

2010-2021 2021-2026
Population -0.03% -0.05%
Households -0.08% -0.12%
Families 0.41% -0.3%
Median Household Income   2.11%
Per Capita Income   2.88%
Owner Occupied HU   0.28%

Cannelton, IN - Peer Comparisons by Rank and Percentile

The table below compares Cannelton to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2021 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 # 271 60th
Population Density # 422 38th
Median Household Income # 648 5th
Housing Affordability Index # 462 68th
Per Capita Income # 502 26th
Diversity Index # 498 27th

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

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