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Cannelton, IN
Full City Profile · Indiana · Hancock County County
Cannelton, IN
At a Glance
How Cannelton Compares to the U.S. Average
Each bar shows Cannelton's value as a percentage of the national average (100% = U.S. avg)
Is Cannelton a Good Place to Live?
Economy & Jobs
Cannelton residents earn a median household income of $35,900 , which is 52% below the national average of $75,149. Per capita income is $20,937. The unemployment rate stands at 7.3% (103% above the U.S. rate of 3.6%). 24.0% of residents live below the poverty line. The area is home to 234 business establishments, including 7 restaurants.
Housing & Cost of Living
The median home value in Cannelton is $85,600 , 70% below the national median of $281,900. Zillow estimates the typical home at $156,378. Median rent is $719/month, with 36.2% 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.
Safety & Crime
Cannelton reports 14 violent crimes per 100,000 residents , which is 96% below the national average of 380/100K. Property crime is 1,918/100K.
Education
8.4% of adults in Cannelton hold a bachelor's degree or higher (75% below the national average). 84.2% have completed high school. Local schools score 6.4/10 in standardized testing.
Climate & Weather
Cannelton has an average annual temperature of 57°F (14°C). Winters average 34°F in January while summers reach 78°F in July. The area gets 305 sunny days per year. Annual precipitation totals 49.0 inches. Air quality is rated Good with a median AQI of 41.