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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 Rate7.3%
Poverty Rate24.0%
Gini Coefficient0.406
Cost of Living Index93.3

Commute

Mean Commute19 minutes
Drive Alone81.5%
Public Transit0.0%
Work From Home2.2%

Businesses

Total Establishments234
Restaurants7
Healthcare16
Retail17
Manufacturing14

Tax

IRS Avg AGI$62,648
Avg Property Tax$2,286