Cannelton, IN
Full City Profile · Indiana · Hancock County County
2.5
/5.0
C+
Fair
1,506
Population
1,018/sq mi density
$35,900
Median Income
$20,937 per capita
$85,600
Home Value
$156,378 Zillow
$719
Median Rent
36.2% income on rent
57°F
Avg Temperature
305 sunny days/yr
14
Violent Crime/100K
1,918 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$35,900 median income, 7.3% unemployment
A+
Affordability
5.0 / 5.0
$85,600 home value, $719/mo rent
F
Safety
1.2 / 5.0
14 violent crimes/100K
D
Education
1.7 / 5.0
8.4% bachelor's degree or higher
Income Overview
Median Household Income
$35,900
52% below
US avg: $75,149
Per Capita Income
$20,937
46% below
US avg: $39,052
Unemployment Rate
7.3%
103% above
US avg: 3.6%
Poverty Rate
24.0%
94% above
US avg: 12.4%
Income Comparison: Cannelton vs. U.S. Average
Each bar shows Cannelton’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$35,900
48%
Per Capita
US: $39,052
$20,937
54%
IRS Avg AGI
US: $72,000
$62,648
87%
Avg Weekly Wage
US: $1,432
$1,546
108%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,546
8% above US avg ($1,432)
Mean Commute Time
19 min
30% below US avg (28 min)
Work From Home
2.2%
86% below US avg (15.2%)
Drive Alone
81.5%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$900M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81.5%
Public Transit
0%
Work From Home
2.2%
Other
16.3%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
234
Restaurants
7
Healthcare
16
Retail
17
Manufacturing
14
Tax & Financial
IRS Avg Adjusted Gross Income
$62,648
13% below US avg ($72,000)
Avg Property Tax
$2,286
35% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $35,900 |
| Per Capita Income | $20,937 |
| IRS Avg Adjusted Gross Income | $62,648 |
| Avg Weekly Wage | $1,546 |
| County GDP | $900M |
Hardship Indicators
| Unemployment Rate | 7.3% |
| Poverty Rate | 24.0% |
| Gini Coefficient | 0.406 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 81.5% |
| Public Transit | 0.0% |
| Work From Home | 2.2% |
Businesses
| Total Establishments | 234 |
| Restaurants | 7 |
| Healthcare | 16 |
| Retail | 17 |
| Manufacturing | 14 |
Tax
| IRS Avg AGI | $62,648 |
| Avg Property Tax | $2,286 |
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