Russellville, IN Profile: Facts & Data

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Russellville, Indiana - Basic Facts

The Town of Russellville had a population of 311 as of July 1, 2024. Russellville ranks in the upper 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 Russellville is located at latitude 39.8584 and longitude -86.9839 in Putnam County. The formal boundaries for the Town of Russellville encompass a land area of 0.2 sq. miles and a water area of 0 sq. miles. Putnam County is in the Eastern time zone (GMT -5).

The Town of Russellville 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 Russellville is located within Township of Russell, a minor civil division (MCD) of Putnam County.


Jump to... (On This Page!)
  1. Russellville 2024 Demographic Data
  2. Growth Rates for Russellville (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 - 2024 Demographics
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Russellville, IN Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 311 (100%)
Population in Households 311 (100.0%)
Population in Families 269 (86.5%)
Population in Group Quarters1 0
Population Density 1,543
Diversity Index2 13
 
 

INCOME

Median Household Income $67,451
Average Household Income $83,797
% of Income for Mortgage4 10%
Per Capita Income $34,219
Wealth Index5 75
Socioeconomic Status Index6 Moderate (49.3)
 

HOUSING

Total HU (Housing Units) 143 (100%)
Owner Occupied HU 107 (74.8%)
Renter Occupied HU 20 (14.0%)
Vacant Housing Units 16 (11.2%)
Median Home Value $101,923
Average Home Value $181,075
Housing Affordability Index3 277
 

HOUSEHOLDS

Total Households 127
Average Household Size 2.45
Family Households 90
Average Family Size 3.00
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.
  6. 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 0.38% -0.45%
Households -0.18% 0.00%
Families   -0.45%
Median Household Income   1.47%
Per Capita Income   3.44%
Owner Occupied HU   0.92%

Russellville, IN - Peer Comparisons by Rank and Percentile

The table below compares Russellville 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 # 583 40th
Population Density # 249 75th
Median Household Income # 537 45th
Housing Affordability Index # 965 99th
Per Capita Income # 523 47th
Diversity Index # 702 28th

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

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