Universal, IN Profile: Facts & Data

Universal, Indiana - Basic Facts

The Town of Universal had a population of 290 as of July 1, 2024.

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 Town of Universal 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.

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

POPULATION
Total Population	290 (100%)
Population in Households	290 (100.0%)
Population in Families	228 (78.6%)
Population in Group Quarters¹	0
Population Density	805
Diversity Index²	14


INCOME
Median Household Income	$61,544
Average Household Income	$77,244
% of Income for Mortgage⁴	16%
Per Capita Income	$34,360
Wealth Index⁵	63
Socioeconomic Status Index⁶	Moderate (53.5)

HOUSING
Total HU (Housing Units)	147 (100%)
Owner Occupied HU	115 (78.2%)
Renter Occupied HU	14 ( 9.5%)
Vacant Housing Units	18 (12.2%)
Median Home Value	$154,688
Average Home Value	$176,957
Housing Affordability Index³	158

HOUSEHOLDS
Total Households	129
Average Household Size	2.25
Family Households	92
Average Family Size	2.00

HOUSING

Total HU (Housing Units)

147 (100%)

Owner Occupied HU

115 (78.2%)

Renter Occupied HU

14 ( 9.5%)

Vacant Housing Units

18 (12.2%)

Median Home Value

$154,688

Average Home Value

$176,957

Housing Affordability Index³

158

HOUSEHOLDS

Total Households

129

Average Household Size

2.25

Family Households

Average Family Size

2.00

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	0.58%	-0.21%
Households	-0.18%	0.00%
Families		-2.28%
Median Household Income		3.57%
Per Capita Income		3.38%
Owner Occupied HU		-0.17%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

0.58%

-0.21%

Households

-0.18%

0.00%

Families

-2.28%

Median Household Income

3.57%

Per Capita Income

3.38%

Owner Occupied HU

-0.17%

Universal, IN - Peer Comparisons by Rank and Percentile

The table below compares Universal 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	# 595	39th
Population Density	# 519	47th
Median Household Income	# 659	33rd
Housing Affordability Index	# 739	76th
Per Capita Income	# 509	48th
Diversity Index	# 665	32nd

Variable Description

Rank

Percentile

Total Population

# 595

39th

Population Density

# 519

47th

Median Household Income

# 659

33rd

Housing Affordability Index

# 739

76th

Per Capita Income

# 509

48th

Diversity Index

# 665

32nd

Indiana Census Data Comparison Tool

Universal, IN Profile: Facts & Data

Universal, Indiana - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Universal, IN - Peer Comparisons by Rank and Percentile

Universal, IN - Most Popular Things to Do

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Vermillion County