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Garrett, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
6,642
Population
$64,179
Median Income
$154,200
Home Value
39.4
Median Age

Demographics

Garrett has a population of 6,642 with a median age of 39.4. Here is the racial and ethnic breakdown of the population:

White
94.0%
Hispanic
3.5%
Other
1.3%
Asian
1.2%
Demographic Value
Total Population6,642
Median Age39.4
White94.0%
Asian1.2%
Hispanic or Latino3.5%
Other / Two or More Races1.3%
Garrett, Indiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.0%Hispanic/Latino: 3.5%Other: 2.5%6,642PopulationWhiteWhite94.0%Hispanic/LatinoHispanic/Latino3.5%OtherOther2.5%

Income & Economy

The median household income in Garrett is $64,179, which is 20.4% below the national median of $80,610. The per capita income is $31,335. The poverty rate is 15.3%.

$64,179
Median Household Income
$31,335
Per Capita Income
15.3%
Poverty Rate

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Education

In Garrett, 92.4% of residents age 25+ have a high school diploma or higher, and 15.3% hold a bachelor's degree or higher (2.8% with a graduate or professional degree).

HS Diploma+
92.4%
Bachelor's+
15.3%
Graduate+
2.8%
Education Level % of Adults (25+)
High School Diploma or Higher92.4%
Bachelor's Degree or Higher15.3%
Graduate or Professional Degree2.8%

Housing

The median home value in Garrett is $154,200, below the national median of $303,400. The median monthly rent is $858. The homeownership rate is 79.5%.

$154,200
Median Home Value
$858/mo
Median Rent
79.5%
Homeownership Rate
Housing Metric Value
Median Home Value$154,200
Median Monthly Rent$858
Homeownership Rate79.5%
Vacancy Rate8.2%

Salaries in Indiana

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Frequently Asked Questions

What is the population of Garrett, Indiana?
The population of Garrett, Indiana is 6,642 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Garrett, Indiana?
The median household income in Garrett, Indiana is $64,179. This is 20.4% below the national median of $80,610.
What is the median home value in Garrett, Indiana?
The median home value in Garrett, Indiana is $154,200. The median monthly rent is $858.
What percentage of people in Garrett have a college degree?
In Garrett, Indiana, 15.3% of adults age 25 and older hold a bachelor's degree or higher, and 92.4% have a high school diploma or higher.
Is Garrett, Indiana an affordable place to live?
The home price-to-income ratio in Garrett, Indiana is 2.4x (median home value $154,200 vs. median income $64,179), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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