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Hamlet, 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
1,039
Population
$73,542
Median Income
$112,300
Home Value
29.6
Median Age

Demographics

Hamlet has a population of 1,039 with a median age of 29.6. Here is the racial and ethnic breakdown of the population:

White
96.3%
Hispanic
2.7%
Other
1.0%
Demographic Value
Total Population1,039
Median Age29.6
White96.3%
Hispanic or Latino2.7%
Other / Two or More Races1.0%
Hamlet, Indiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 96.3%Hispanic/Latino: 2.7%Other: 1.0%1,039PopulationWhiteWhite96.3%Hispanic/LatinoHispanic/Latino2.7%OtherOther1.0%

Income & Economy

The median household income in Hamlet is $73,542, which is 8.8% below the national median of $80,610. The per capita income is $22,753. The poverty rate is 11.7%.

$73,542
Median Household Income
$22,753
Per Capita Income
11.7%
Poverty Rate

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Education

In Hamlet, 88.9% of residents age 25+ have a high school diploma or higher, and 6.5% hold a bachelor's degree or higher (0.8% with a graduate or professional degree).

HS Diploma+
88.9%
Bachelor's+
6.5%
Graduate+
0.8%
Education Level % of Adults (25+)
High School Diploma or Higher88.9%
Bachelor's Degree or Higher6.5%
Graduate or Professional Degree0.8%

Housing

The median home value in Hamlet is $112,300, below the national median of $303,400. The median monthly rent is $895. The homeownership rate is 77.5%.

$112,300
Median Home Value
$895/mo
Median Rent
77.5%
Homeownership Rate
Housing Metric Value
Median Home Value$112,300
Median Monthly Rent$895
Homeownership Rate77.5%
Vacancy Rate9.1%

Salaries in Indiana

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Hamlet, Indiana?
The population of Hamlet, Indiana is 1,039 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hamlet, Indiana?
The median household income in Hamlet, Indiana is $73,542. This is 8.8% below the national median of $80,610.
What is the median home value in Hamlet, Indiana?
The median home value in Hamlet, Indiana is $112,300. The median monthly rent is $895.
What percentage of people in Hamlet have a college degree?
In Hamlet, Indiana, 6.5% of adults age 25 and older hold a bachelor's degree or higher, and 88.9% have a high school diploma or higher.
Is Hamlet, Indiana an affordable place to live?
The home price-to-income ratio in Hamlet, Indiana is 1.5x (median home value $112,300 vs. median income $73,542), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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