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Universal, IN Profile: Facts & Data

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Universal, Indiana - Basic Facts

The Town of Universal had a population of 336 as of July 1, 2020. Universal ranks in the lower quartile for 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 Universal is located at latitude 39.6217 and longitude -87.4514 in Vermillion County. The formal boundaries for the Town of Universal encompass a land area of 0.36 sq. miles and a water area of 0 sq. miles. Vermillion County is in the Eastern time zone (GMT -5). The elevation is 581 feet.

The Town of Universal (GNIS ID: 2397706) 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 Universal is located within Township of Clinton, a minor civil division (MCD) of Vermillion County.

Alternate Unofficial Names for Universal: Bunsen.

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

POPULATION

Total Population 336 (100%)
Population in Households 336 (100.0%)
Population in Families 277 (82.4%)
Population in Group Quarters1 0
Population Density 933
Diversity Index2 8
 
 

INCOME

Median Household Income $53,942
Average Household Income $67,686
% of Income for Mortgage4 7%
Per Capita Income $27,227
Wealth Index5 62
 

HOUSING

Total HU (Housing Units) 167 (100%)
Owner Occupied HU 121 (72.5%)
Renter Occupied HU 21 (12.6%)
Vacant Housing Units 24 (14.4%)
Median Home Value $87,903
Average Home Value $136,382
Housing Affordability Index3 350
 

HOUSEHOLDS

Total Households 143
Average Household Size 2.35
Family Households 100
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 -0.72% -0.72%
Households -0.53% -0.57%
Families -0.29% -0.61%
Median Household Income   1.11%
Per Capita Income   2.07%
Owner Occupied HU   -0.5%

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Universal, IN - Peer Comparisons by Rank and Percentile

The table below compares Universal 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 # 537 21st
Population Density # 453 33rd
Median Household Income # 334 51st
Housing Affordability Index # 636 94th
Per Capita Income # 272 60th
Diversity Index # 504 25th

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

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