Larwill, IN Profile: Facts & Data

The primary coordinate point for Larwill is located at latitude 41.1806 and longitude -85.6255 in Whitley County. The formal boundaries for the Town of Larwill encompass a land area of 0.22 sq. miles and a water area of 0 sq. miles. Whitley County is in the Eastern time zone (GMT -5). The elevation is 961 feet.

The Town of Larwill (GNIS ID: 2396709) 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.

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

POPULATION
Total Population	258 (100%)
Population in Households	258 (100.0%)
Population in Families	217 (84.1%)
Population in Group Quarters¹	0
Population Density	1,437
Diversity Index²	8


INCOME
Median Household Income	$54,413
Average Household Income	$61,587
% of Income for Mortgage⁴	11%
Per Capita Income	$23,020
Wealth Index⁵	56

HOUSING
Total HU (Housing Units)	114 (100%)
Owner Occupied HU	77 (67.5%)
Renter Occupied HU	12 (10.5%)
Vacant Housing Units	24 (21.1%)
Median Home Value	$140,909
Average Home Value	$186,842
Housing Affordability Index³	249

HOUSEHOLDS
Total Households	90
Average Household Size	2.87
Family Households	66
Average Family Size	3

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.

Larwill, IN - Peer Comparisons by Rank and Percentile

The table below compares Larwill 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	0.63%	0.76%
Households	0.79%	0.66%
Families	0.77%	0.6%
Median Household Income		0.44%
Per Capita Income		1.64%
Owner Occupied HU		0.77%

Variable Description	Rank	Percentile
Total Population	# 571	16th
Population Density	# 292	57th
Median Household Income	# 325	52nd
Housing Affordability Index	# 278	41st
Per Capita Income	# 502	26th
Diversity Index	# 493	28th

Larwill, IN Profile: Facts & Data

Larwill, Indiana - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Larwill, IN - Peer Comparisons by Rank and Percentile

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