Spurgeon, IN Profile: Facts & Data

The primary coordinate point for Spurgeon is located at latitude 38.2523 and longitude -87.2572 in Pike County. The formal boundaries for the Town of Spurgeon encompass a land area of 0.17 sq. miles and a water area of 0 sq. miles. Pike County is in the Eastern time zone (GMT -5). The elevation is 512 feet.

The Town of Spurgeon (GNIS ID: 2397677) 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.

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

POPULATION
Total Population	220 (100%)
Population in Households	220 (100.0%)
Population in Families	189 (85.9%)
Population in Group Quarters¹	0
Population Density	1,254
Diversity Index²	10


INCOME
Median Household Income	$61,303
Average Household Income	$78,968
% of Income for Mortgage⁴	9%
Per Capita Income	$32,528
Wealth Index⁵	84

HOUSING
Total HU (Housing Units)	92 (100%)
Owner Occupied HU	73 (79.3%)
Renter Occupied HU	11 (12.0%)
Vacant Housing Units	8 ( 8.7%)
Median Home Value	$129,545
Average Home Value	$178,082
Housing Affordability Index³	298

HOUSEHOLDS
Total Households	84
Average Household Size	2.62
Family Households	62
Average Family Size	3

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.

Spurgeon, IN - Peer Comparisons by Rank and Percentile

The table below compares Spurgeon 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.6%	0.09%
Households	0.73%	0.0%
Families	0.82%	0.32%
Median Household Income		1.86%
Per Capita Income		2.03%
Owner Occupied HU		0.27%

Variable Description	Rank	Percentile
Total Population	# 591	13th
Population Density	# 345	49th
Median Household Income	# 189	72nd
Housing Affordability Index	# 452	67th
Per Capita Income	# 119	83rd
Diversity Index	# 424	37th

Spurgeon, IN Profile: Facts & Data

Spurgeon, Indiana - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Spurgeon, IN - Peer Comparisons by Rank and Percentile

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