Grandview, IN Profile: Facts & Data

Grandview, Indiana - Basic Facts

The Town of Grandview had a population of 660 as of July 1, 2024.

The primary coordinate point for Grandview is located at latitude 37.9337 and longitude -86.9811 in Spencer County. The formal boundaries for the Town of Grandview encompass a land area of 0.96 sq. miles and a water area of 0 sq. miles. Spencer County is in the Central time zone (GMT -6).

The Town of Grandview 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 Grandview is located within Township of Hammond, a minor civil division (MCD) of Spencer County.

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

POPULATION
Total Population	660 (100%)
Population in Households	660 (100.0%)
Population in Families	557 (84.4%)
Population in Group Quarters¹	0
Population Density	688
Diversity Index²	21


INCOME
Median Household Income	$56,566
Average Household Income	$76,063
% of Income for Mortgage⁴	22%
Per Capita Income	$31,808
Wealth Index⁵	55
Socioeconomic Status Index⁶	Moderate (49.9)

HOUSING
Total HU (Housing Units)	290 (100%)
Owner Occupied HU	217 (74.8%)
Renter Occupied HU	59 (20.3%)
Vacant Housing Units	14 ( 4.8%)
Median Home Value	$202,500
Average Home Value	$211,406
Housing Affordability Index³	114

HOUSEHOLDS
Total Households	276
Average Household Size	2.39
Family Households	191
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

290 (100%)

Owner Occupied HU

217 (74.8%)

Renter Occupied HU

59 (20.3%)

Vacant Housing Units

14 ( 4.8%)

Median Home Value

$202,500

Average Home Value

$211,406

Housing Affordability Index³

114

HOUSEHOLDS

Total Households

276

Average Household Size

2.39

Family Households

191

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	-1.31%	-0.37%
Households	-0.25%	-0.07%
Families		-0.10%
Median Household Income		2.25%
Per Capita Income		3.19%
Owner Occupied HU		0.00%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-1.31%

-0.37%

Households

-0.25%

-0.07%

Families

-0.10%

Median Household Income

2.25%

Per Capita Income

3.19%

Owner Occupied HU

0.00%

Grandview, IN - Peer Comparisons by Rank and Percentile

The table below compares Grandview 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	# 429	56th
Population Density	# 560	43rd
Median Household Income	# 759	22nd
Housing Affordability Index	# 374	38th
Per Capita Income	# 660	32nd
Diversity Index	# 363	63rd

Variable Description

Rank

Percentile

Total Population

# 429

56th

Population Density

# 560

43rd

Median Household Income

# 759

22nd

Housing Affordability Index

# 374

38th

Per Capita Income

# 660

32nd

Diversity Index

# 363

63rd

Indiana Census Data Comparison Tool

Grandview, IN Profile: Facts & Data

Grandview, Indiana - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Grandview, IN - Peer Comparisons by Rank and Percentile

Grandview, IN - Most Popular Things to Do

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Spencer County