Bourbon, IN
Full City Profile · Indiana · Marshall County County
Bourbon, IN
At a Glance
How Bourbon Compares to the U.S. Average
Each bar shows Bourbon's value as a percentage of the national average (100% = U.S. avg)
Is Bourbon a Good Place to Live?
Economy & Jobs
Bourbon residents earn a median household income of $71,375 , which is 5% below the national average of $75,149. Per capita income is $30,277. The unemployment rate stands at 3.9% (8% above the U.S. rate of 3.6%). 5.6% of residents live below the poverty line. The area is home to 1,155 business establishments, including 92 restaurants.
Housing & Cost of Living
The median home value in Bourbon is $156,800 , 44% below the national median of $281,900. Zillow estimates the typical home at $258,528. Median rent is $848/month, with 26.3% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1959.
Education
23.1% of adults in Bourbon hold a bachelor's degree or higher (31% below the national average). 93.2% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Bourbon has an average annual temperature of 50°F (10°C). Winters average 24°F in January while summers reach 73°F in July. Annual precipitation totals 40.3 inches.