Michigantown, IN
Full City Profile · Indiana · Clinton County County
Michigantown, IN
At a Glance
How Michigantown Compares to the U.S. Average
Each bar shows Michigantown's value as a percentage of the national average (100% = U.S. avg)
Is Michigantown a Good Place to Live?
Economy & Jobs
Michigantown residents earn a median household income of $73,214 , which is 3% below the national average of $75,149. Per capita income is $30,645. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 16.2% of residents live below the poverty line. The area is home to 634 business establishments, including 54 restaurants.
Housing & Cost of Living
The median home value in Michigantown is $125,000 , 56% below the national median of $281,900. Zillow estimates the typical home at $235,025. Median rent is $963/month, with 18.3% 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 1951.
Education
14.7% of adults in Michigantown hold a bachelor's degree or higher (56% below the national average). 92.1% have completed high school. Local schools score 5.4/10 in standardized testing.
Climate & Weather
Michigantown has an average annual temperature of 52°F (11°C). Winters average 26°F in January while summers reach 74°F in July. Annual precipitation totals 43.3 inches.