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Patoka, 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
737
Population
$48,958
Median Income
$99,000
Home Value
37.2
Median Age

Demographics

Patoka has a population of 737 with a median age of 37.2. Here is the racial and ethnic breakdown of the population:

White
86.3%
Other
8.4%
Black
2.8%
Hispanic
2.4%
Demographic Value
Total Population737
Median Age37.2
White86.3%
Black or African American2.8%
Asian0.1%
Hispanic or Latino2.4%
Other / Two or More Races8.4%
Patoka, Indiana — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 86.3%Other: 8.4%Black: 2.8%Hispanic/Latino: 2.4%Other: 0.1%737PopulationWhiteWhite86.3%OtherOther8.4%BlackBlack2.8%Hispanic/LatinoHispanic/Latino2.4%OtherOther0.1%

Income & Economy

The median household income in Patoka is $48,958, which is 39.3% below the national median of $80,610. The per capita income is $30,088. The poverty rate is 26.5%.

$48,958
Median Household Income
$30,088
Per Capita Income
26.5%
Poverty Rate

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Education

In Patoka, 85.8% of residents age 25+ have a high school diploma or higher, and 11.3% hold a bachelor's degree or higher (1.7% with a graduate or professional degree).

HS Diploma+
85.8%
Bachelor's+
11.3%
Graduate+
1.7%
Education Level % of Adults (25+)
High School Diploma or Higher85.8%
Bachelor's Degree or Higher11.3%
Graduate or Professional Degree1.7%

Housing

The median home value in Patoka is $99,000, below the national median of $303,400. The median monthly rent is $850. The homeownership rate is 78.8%.

$99,000
Median Home Value
$850/mo
Median Rent
78.8%
Homeownership Rate
Housing Metric Value
Median Home Value$99,000
Median Monthly Rent$850
Homeownership Rate78.8%
Vacancy Rate9.0%

Salaries in Indiana

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Patoka, Indiana?
The population of Patoka, Indiana is 737 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Patoka, Indiana?
The median household income in Patoka, Indiana is $48,958. This is 39.3% below the national median of $80,610.
What is the median home value in Patoka, Indiana?
The median home value in Patoka, Indiana is $99,000. The median monthly rent is $850.
What percentage of people in Patoka have a college degree?
In Patoka, Indiana, 11.3% of adults age 25 and older hold a bachelor's degree or higher, and 85.8% have a high school diploma or higher.
Is Patoka, Indiana an affordable place to live?
The home price-to-income ratio in Patoka, Indiana is 2.0x (median home value $99,000 vs. median income $48,958), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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