Eel River Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Eel River, Indiana? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Eel River, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Eel River is $85,918.00.

The chart below shows the average household income by age in Eel River.

  • Under 25
    $0.00
  • 25 to 44
    $69,107.00
  • 45 to 64
    $118,500.00
  • 65 and over
    $66,821.00

Average Household Income

A very commonly asked question is "what is the average household income in Eel River, Indiana?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Eel River is $114,045.00.

11.34% of households in Eel River, Indiana are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Eel River but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Eel River

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Eel River, Indiana easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    4.94%
  • $25,000 to $49,999
    15.12%
  • $50,000 to $74,999
    25.29%
  • $75,000 to $99,999
    14.83%
  • $100,000 to $149,999
    19.48%
  • $150,000 to $199,999
    9.01%
  • $200,000 or more
    11.34%

Per Capita Income

The per capita income is the average income of all people in Eel River, Indiana. This is calculated by dividing the total income of all people in Eel River by the total number of people in Eel River.

It differs from the average or mean household income because it includes all people in Eel River and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Eel River, Indiana is $43,444.00.

Population in Eel River by Race and Ethnicity

The total population in Eel River is currently 1,808 people.

The race and ethnicity of the population in Eel River can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Eel River, Indiana.

  • 0.00% White
    0
  • 99.00% Black/African American
    1,790
  • 89.00% Native
    1,609
  • 4.60% Hispanic
    83
  • 0.00% Asian
    0
  • 0.00% Hawaiian/Pacific Islander
    0
  • 0.00% Two or more races
    0
  • 2.70% Other
    49

Population of Eel River by Age and Gender

Another very important demographics statistic for Eel River, Indiana is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 128 105
10 to 19 Years 97 167
20 to 29 Years 67 34
30 to 39 Years 99 152
40 to 49 Years 116 80
50 to 59 Years 103 150
60 to 69 Years 143 119
70 Years and over 107 141

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Eel River, Indiana.

  • Master's degree or higher
    5.34%
  • Bachelor's degree
    34.04%
  • Some college or associate's degree
    14.04%
  • High school diploma or equivalent
    38.39%
  • Less than high school diploma
    8.20%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Eel River because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Eel River look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Eel River, Indiana that are over the age of 16.

The current population in Eel River that are over the age of 16 is 1,414 people.

The unemployment rate in Eel River is 0.90%, which means 7 people are unemployed.

Median Age in Eel River

The median age is an interesting metric because it gives us an idea of the age distribution of people in Eel River, Indiana. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Eel River is 43 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Eel River

43

Total

43.8

Male

40.9

Female

Households and Families

There are a total of 688 households in Eel River, and the average household size is 2.63 people.

For families, the total number is 563, and the average family size is 2.91 people.

5.00% of those families in Eel River, Indiana are living below the poverty line.

The table below shows the poverty thresholds for Eel River in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Eel River, Indiana for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 481 12 70 125
Average Household Size 2.99 3.58 2.87 0
Total Families 481 12 70 0
Average Household Size 2.99 3.33 2.26 0

Housing Data in Eel River

There are total of 776 housing units in Eel River, Indiana. Of those units, 688 (88.66%) are occupied, and 88 (11.34%) are vacant.

Rental Rates

Of the 776 housing units in Eel River, 58 (7.47%) are occupied by renters. The median rent paid by renters is $1,574.00.

Owner occupied housing units make up the remaining 80.80% of housing units, with 627 housing units in total.

The table below breaks down how much rent is paid by renters in Eel River, Indiana.

  • No rent paid
    3
  • Less than $500
    2
  • $500 to $999
    20
  • $1,000 to $1,499
    2
  • $1,500 to $1,999
    34
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Values

The median value of a property in Eel River is $248,800.00.

The table below breaks down the range of valuations for all properties in Eel River.

  • Less than $50,000
    8
  • $50,000 to $99,999
    19
  • $100,000 to $149,999
    81
  • $150,000 to $199,999
    145
  • $200,000 to $299,999
    87
  • $300,000 to $499,999
    205
  • $500,000 to $999,999
    65
  • $1,000,000 or more
    17

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Eel River, Indiana.

  • 1939 or earlier
    230
  • 1940 to 1949
    39
  • 1950 to 1959
    93
  • 1960 to 1969
    43
  • 1970 to 1979
    85
  • 1980 to 1989
    25
  • 1990 to 1999
    95
  • 2000 to 2009
    136
  • 2010 to 2013
    30
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Eel River has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    24
  • 1 vehicle available
    77
  • 2 vehicles available
    297
  • 3 or more vehicles available
    290

Commuting to Work in Eel River

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Eel River, Indiana, how they commute, and how that correlates to other data points.

The average travel time is 31.9 minutes, and the chart below covers the range of travel times across the population of Eel River.

  • Less than 5 minutes
    7
  • 5 to 9 minutes
    20
  • 10 to 14 minutes
    88
  • 15 to 19 minutes
    62
  • 20 to 24 minutes
    93
  • 25 to 29 minutes
    31
  • 30 to 34 minutes
    127
  • 35 to 39 minutes
    2
  • 40 to 44 minutes
    50
  • 45 to 59 minutes
    120
  • 60 to 89 minutes
    15
  • 90 or more minutes
    34

We can also look at the means of transport in Eel River to see which modes of transport people are using to commute to work.

  • Drove alone
    572
  • Carpooled
    39
  • Public transportation
    0
  • Walked
    33
  • Other means
    5
  • Worked from home
    81

Conclusion

Hopefully this article has given you the demographics data you were looking for in Eel River, Indiana.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Eel River.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Eel River Average Income, Population and Demographics". NameCensus.com. Accessed on May 27, 2024. https://namecensus.com/demographics/indiana/hendricks-county/eel-river/.

  • "Eel River Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/indiana/hendricks-county/eel-river/. Accessed 27 May, 2024

  • Eel River Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/indiana/hendricks-county/eel-river/.