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Redkey, 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
1,332
Population
$42,986
Median Income
$85,400
Home Value
28.4
Median Age

Demographics

Redkey has a population of 1,332 with a median age of 28.4. Here is the racial and ethnic breakdown of the population:

White
94.6%
Hispanic
5.8%
Demographic Value
Total Population1,332
Median Age28.4
White94.6%
Hispanic or Latino5.8%
Redkey, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 94.2%Hispanic/Latino: 5.8%1,332PopulationWhiteWhite94.2%Hispanic/LatinoHispanic/Latino5.8%

Income & Economy

The median household income in Redkey is $42,986, which is 46.7% below the national median of $80,610. The per capita income is $17,795. The poverty rate is 34.6%.

$42,986
Median Household Income
$17,795
Per Capita Income
34.6%
Poverty Rate

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Education

In Redkey, 88.4% of residents age 25+ have a high school diploma or higher, and 9.7% hold a bachelor's degree or higher (2.2% with a graduate or professional degree).

HS Diploma+
88.4%
Bachelor's+
9.7%
Graduate+
2.2%
Education Level % of Adults (25+)
High School Diploma or Higher88.4%
Bachelor's Degree or Higher9.7%
Graduate or Professional Degree2.2%

Housing

The median home value in Redkey is $85,400, below the national median of $303,400. The median monthly rent is $905. The homeownership rate is 74.5%.

$85,400
Median Home Value
$905/mo
Median Rent
74.5%
Homeownership Rate
Housing Metric Value
Median Home Value$85,400
Median Monthly Rent$905
Homeownership Rate74.5%
Vacancy Rate21.6%

Salaries in Indiana

Explore salary data for popular occupations in Indiana:

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Redkey, Indiana?
The population of Redkey, Indiana is 1,332 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Redkey, Indiana?
The median household income in Redkey, Indiana is $42,986. This is 46.7% below the national median of $80,610.
What is the median home value in Redkey, Indiana?
The median home value in Redkey, Indiana is $85,400. The median monthly rent is $905.
What percentage of people in Redkey have a college degree?
In Redkey, Indiana, 9.7% of adults age 25 and older hold a bachelor's degree or higher, and 88.4% have a high school diploma or higher.
Is Redkey, Indiana an affordable place to live?
The home price-to-income ratio in Redkey, Indiana is 2.0x (median home value $85,400 vs. median income $42,986), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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