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Hamlet, IN Profile: Facts & Data

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Hamlet, Indiana - Basic Facts

The Town of Hamlet had a population of 761 as of July 1, 2024.

The primary coordinate point for Hamlet is located at latitude 41.5475 and longitude -86.5822 in Starke County. The formal boundaries for the Town of Hamlet encompass a land area of 0.96 sq. miles and a water area of 0.01 sq. miles. Starke County is in the Central time zone (GMT -6).

The Town of Hamlet 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 Hamlet is located within Township of Lincoln, a minor civil division (MCD) of Starke County.


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

POPULATION

Total Population 761 (100%)
Population in Households 761 (100.0%)
Population in Families 674 (88.6%)
Population in Group Quarters1 0
Population Density 788
Diversity Index2 20
 
 

INCOME

Median Household Income $57,279
Average Household Income $66,230
% of Income for Mortgage4 12%
Per Capita Income $25,065
Wealth Index5 40
Socioeconomic Status Index6 Moderate (46.4)
 

HOUSING

Total HU (Housing Units) 322 (100%)
Owner Occupied HU 215 (66.8%)
Renter Occupied HU 73 (22.7%)
Vacant Housing Units 34 (10.6%)
Median Home Value $107,083
Average Home Value $154,651
Housing Affordability Index3 217
 

HOUSEHOLDS

Total Households 288
Average Household Size 2.64
Family Households 201
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 -0.37% -0.24%
Households -0.16% -0.07%
Families   0.39%
Median Household Income   3.34%
Per Capita Income   2.67%
Owner Occupied HU   0.09%

Hamlet, IN - Peer Comparisons by Rank and Percentile

The table below compares Hamlet 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 # 400 59th
Population Density # 526 46th
Median Household Income # 743 24th
Housing Affordability Index # 926 95th
Per Capita Income # 911 7th
Diversity Index # 386 61st

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

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