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Advance, IN

Full City Profile · Indiana · Hendricks County County

3.3 /5.0
B Good
418 Population 708/sq mi density
$65,000 Median Income $33,993 per capita
$164,800 Home Value $205,180 Zillow
$1,014 Median Rent 29.8% income on rent
51°F Avg Temperature 293 sunny days/yr
515 Violent Crime/100K 2,783 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$65,000 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$164,800 home value, $1,014/mo rent
F
Safety
1.0 / 5.0
515 violent crimes/100K (35% above avg)
C+
Education
2.9 / 5.0
23.7% bachelor's degree or higher

Change Over Time (2013–2023)

Population Change
-1.6%
514 → 506
over 10 years
Annual Pop. Growth
-0.16%
Compound annual growth rate
Median Income Change
+7.6%
$60,417 → $65,000
nominal, not inflation-adjusted
Annual Income Growth
+0.73%
Compound annual growth rate

Population Over Time

Total population for Advance across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
500
-6 from 2023 (506)
Projected Median Income 2030
$68,395
+$3,395 from 2023 ($65,000)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 514 $60,417
2015 508 -1.2% $50,625 -16.2%
2017 514 +1.2% $52,083 +2.9%
2019 517 +0.6% $54,167 +4%
2021 508 -1.7% $56,667 +4.6%
2023 506 -0.4% $65,000 +14.7%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.