Cowan, IN

Indiana · Metropolitan Area

Cowan is a small town in Indiana with a population of 110. Residents earn $86,786 per year, which is 15% above the national average.

4.3 /5.0
A Great
110 Population 306/sq mi density
$86,786 Median Income $37,007 per capita
$182,100 Home Value
N/A Median Rent
54°F Avg Temperature
A
Overall
4.3 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$86,786 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$182,100 home value
B
Education
3.2 / 5.0
28.0% bachelor's degree or higher
Median Income $86,786
15% higher than US avg
Home Value $182,100
35% lower than US avg
Bachelor's+ 28.0%
17% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 0.0%
100% lower than US avg

How Cowan Compares to the U.S. Average (100% = U.S. avg)

People

Population110
Median Age59.3 yrs
Density306/mi²
Male / Female45% / 56%
Largest GroupWhite 100%
Veterans93.0%

Economy

A+
Median Income$86,786
Per Capita$37,007
Unemployment0.0%
Poverty0.0%
County GDP$5,403M
Commute51 min

Housing

A+
Home Value$182,100
RentN/A
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp54°F
AQI41 (Good)
Rain40.3 in/yr
Elevation992 ft

Education

B
Bachelor's+28.0%
High School+80.6%
School Score6.01

Community

2024 VoteR 57% / D 41%
Commute51 min
Broadband56.0%
Libraries5

Is Cowan a Good Place to Live?

Based on current data, Cowan receives an overall livability score of 4.3 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, affordable housing, a low poverty rate. Areas to be aware of include long commute times. Cowan stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Cowan is $86,786, 15% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.0%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 51 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Cowan is $182,100, 35% below the national median — offering relatively affordable homeownership. At just 2.1x median income, home prices are very affordable relative to local earnings.

Education

28.0% of residents hold a bachelor's degree, below the national average of 33.7%. 80.6% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Cowan experiences four distinct seasons with an average temperature of 54°F. Winters average 29°F in January while summers reach 76°F in July. Annual precipitation totals 40.3 inches. Air quality is rated Good with a median AQI of 41.

Cowan has a population of 110 with a density of 306 people per square mile. The median age is 59.3 years, 52% older than the national median of 38.9. The city is predominantly White (100%).

Population

110
Total Population
306
People / sq mi
59.3yrs
Median Age
52% above US avg
0.4mi²
Land Area

Gender Distribution

Male 44.5%
Female 55.5%

Race & Ethnicity

Cowan vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Cowan vs U.S. Average

The median household income in Cowan is $86,786, which is 15% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 51 minutes.

Income: Cowan vs U.S.

Commute Mode

Income

Median HH Income$86,786
15% above US avg
Per Capita Income$37,007
Avg Weekly Wage$987
IRS Avg AGI$58,728

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)2,354
County GDP$5,403M

Business (County)

Restaurants220
Healthcare342
Retail387
Manufacturing106

Tax & Cost of Living

Property Tax (IRS)$3,457
1% below US avg
Effective Tax Rate1.90%

Commute & Transportation

Commute Time50.7 min
Drive Alone76.1%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Cowan is $182,100, 35% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$182,100
35% below US avg

Real Estate Market (Redfin)

Rental Costs

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied100.0%

Property Tax

Avg Tax (IRS)$3,457
1% below US avg
Effective Rate1.90%

Health Metrics: Cowan vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Insurance Rate100.0%
Premature Death12,615/100K

Food & Exercise

Food Environment6.5/10
Exercise Access76.2%
Healthcare Facilities342

Crime Rates: Cowan vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)15

Safety Score

Cowan has an average annual temperature of 54°F (12°C). Winters average 29°F in January while summers reach 76°F in July. Annual precipitation is 40.3 inches. Air quality is rated Good with a median AQI of 41.

Temperature

29°F Jan (-2°C) 76°F Jul (24°C)
Annual Average53.7°F
1% below US avg
January Average29°F (-2°C)
July Average76°F (24°C)

Precipitation & Snow

Annual Rainfall40.3 inches
6% above US avg

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation992 ft (302 m)
Area0.4 sq mi (0.9 km²)
Population Density306/sq mi
Coordinates40.1058°N, 85.3908°W
County FIPS18035
It is classified as Metro — under 250K. 28.0% of residents hold a bachelor's degree or higher (17% below US avg). In the 2024 election, the county voted Republican by a 15.8-point margin. 56.0% of households have broadband internet.

2024 Presidential Election (County)

R 57%
D 41.2%

Winner: Republican by 15.8 points

Education

Bachelor's Degree+28.0%
17% below US avg
High School+80.6%
School Test Score6.01
B Education Grade (3.2/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density306/sq mi
Total Area0.4 sq mi

Infrastructure & Services

Broadband Access56.0%
Public Libraries5
Healthcare Facilities342
Restaurants220
Retail Stores387

Safety & Disasters

Fatal Crashes (County/yr)15

Commute & Transportation

Avg Commute50.7 min
Drive Alone76.1%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

Compare Cowan with another city: