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Valparaiso, 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
34,733
Population
$69,872
Median Income
$267,300
Home Value
37.0
Median Age

Demographics

Valparaiso has a population of 34,733 with a median age of 37.0. Here is the racial and ethnic breakdown of the population:

White
84.7%
Hispanic
9.9%
Black
3.3%
Asian
2.6%
Demographic Value
Total Population34,733
Median Age37.0
White84.7%
Black or African American3.3%
Asian2.6%
Hispanic or Latino9.9%
Valparaiso, Indiana — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 84.3%Hispanic/Latino: 9.9%Black: 3.3%Asian: 2.6%34,733PopulationWhiteWhite84.3%Hispanic/LatinoHispanic/Latino9.9%BlackBlack3.3%AsianAsian2.6%

Income & Economy

The median household income in Valparaiso is $69,872, which is 13.3% below the national median of $80,610. The per capita income is $38,894. The poverty rate is 14.9%.

$69,872
Median Household Income
$38,894
Per Capita Income
14.9%
Poverty Rate

Employment

The unemployment rate in Valparaiso is 4.1%, compared to the national rate of 4.1%.

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Education

In Valparaiso, 94.7% of residents age 25+ have a high school diploma or higher, and 40.6% hold a bachelor's degree or higher (15.6% with a graduate or professional degree).

HS Diploma+
94.7%
Bachelor's+
40.6%
Graduate+
15.6%
Education Level % of Adults (25+)
High School Diploma or Higher94.7%
Bachelor's Degree or Higher40.6%
Graduate or Professional Degree15.6%

Housing

The median home value in Valparaiso is $267,300, below the national median of $303,400. The median monthly rent is $1,224. The homeownership rate is 58.0%.

$267,300
Median Home Value
$1,224/mo
Median Rent
58.0%
Homeownership Rate
Housing Metric Value
Median Home Value$267,300
Median Monthly Rent$1,224
Homeownership Rate58.0%
Vacancy Rate6.1%

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 Valparaiso, Indiana?
The population of Valparaiso, Indiana is 34,733 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Valparaiso, Indiana?
The median household income in Valparaiso, Indiana is $69,872. This is 13.3% below the national median of $80,610.
What is the median home value in Valparaiso, Indiana?
The median home value in Valparaiso, Indiana is $267,300. The median monthly rent is $1,224.
What percentage of people in Valparaiso have a college degree?
In Valparaiso, Indiana, 40.6% of adults age 25 and older hold a bachelor's degree or higher, and 94.7% have a high school diploma or higher.
Is Valparaiso, Indiana an affordable place to live?
The home price-to-income ratio in Valparaiso, Indiana is 3.8x (median home value $267,300 vs. median income $69,872), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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