Parkers Settlement, IN Profile: Facts & Data

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Parkers Settlement, Indiana - Basic Facts

The Parkers Settlement Census Designated Place had a population of 725 as of July 1, 2020. Parkers Settlement 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 Parkers Settlement is located at latitude 38.0467 and longitude -87.7161 in Posey County. The formal boundaries for the Parkers Settlement Census Designated Place encompass a land area of 1.75 sq. miles and a water area of 0 sq. miles. Posey County is in the Central time zone (GMT -6). The elevation is 440 feet.

The Parkers Settlement Census Designated Place (GNIS ID: 2629885) 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 Parkers Settlement Census Designated Place is located within Township of Robinson, a minor civil division (MCD) of Posey County.

Alternate Unofficial Names for Parkers Settlement: Poskers Settlement.

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

POPULATION

Total Population 725 (100%)
Population in Households 725 (100.0%)
Population in Families 633 (87.3%)
Population in Group Quarters1 0
Population Density 414
Diversity Index2 5
 
 

INCOME

Median Household Income $63,335
Average Household Income $80,559
% of Income for Mortgage4 10%
Per Capita Income $31,897
Wealth Index5 84
 

HOUSING

Total HU (Housing Units) 293 (100%)
Owner Occupied HU 240 (81.9%)
Renter Occupied HU 40 (13.7%)
Vacant Housing Units 12 ( 4.1%)
Median Home Value $158,333
Average Home Value $195,851
Housing Affordability Index3 256
 

HOUSEHOLDS

Total Households 281
Average Household Size 2.58
Family Households 209
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 0.19% 0.25%
Households 0.43% 0.42%
Families 0.09% 0.29%
Median Household Income   1.33%
Per Capita Income   1.99%
Owner Occupied HU   0.41%

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Parkers Settlement, IN - Peer Comparisons by Rank and Percentile

The table below compares Parkers Settlement 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 # 404 41st
Population Density # 589 13th
Median Household Income # 162 76th
Housing Affordability Index # 307 45th
Per Capita Income # 132 81st
Diversity Index # 638 6th

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

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