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Romney, 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
391
Population
$63,578
Median Income
$161,000
Home Value
37.4
Median Age

Demographics

Romney has a population of 391 with a median age of 37.4. Here is the racial and ethnic breakdown of the population:

White
90.5%
Hispanic
9.5%
Demographic Value
Total Population391
Median Age37.4
White90.5%
Hispanic or Latino9.5%
Romney, Indiana — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 90.5%Hispanic/Latino: 9.5%391PopulationWhiteWhite90.5%Hispanic/LatinoHispanic/Latino9.5%

Income & Economy

The median household income in Romney is $63,578, which is 21.1% below the national median of $80,610. The per capita income is $62,080.

$63,578
Median Household Income
$62,080
Per Capita Income

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Education

In Romney, 100.0% of residents age 25+ have a high school diploma or higher, and 23.6% hold a bachelor's degree or higher (4.2% with a graduate or professional degree).

HS Diploma+
100.0%
Bachelor's+
23.6%
Graduate+
4.2%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher23.6%
Graduate or Professional Degree4.2%

Housing

The median home value in Romney is $161,000, below the national median of $303,400. The homeownership rate is 91.9%.

$161,000
Median Home Value
91.9%
Homeownership Rate
Housing Metric Value
Median Home Value$161,000
Homeownership Rate91.9%
Vacancy Rate21.2%

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 Romney, Indiana?
The population of Romney, Indiana is 391 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Romney, Indiana?
The median household income in Romney, Indiana is $63,578. This is 21.1% below the national median of $80,610.
What is the median home value in Romney, Indiana?
The median home value in Romney, Indiana is $161,000.
What percentage of people in Romney have a college degree?
In Romney, Indiana, 23.6% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Romney, Indiana an affordable place to live?
The home price-to-income ratio in Romney, Indiana is 2.5x (median home value $161,000 vs. median income $63,578), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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