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Rensselaer, IN

Full City Profile · Indiana · Newton County County

3.2 /5.0
B Good
5,369 Population 751/sq mi density
$61,648 Median Income $31,288 per capita
$149,100 Home Value $237,864 Zillow
$868 Median Rent 26.9% income on rent
51°F Avg Temperature 275 sunny days/yr
206 Violent Crime/100K 3,488 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$61,648 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$149,100 home value, $868/mo rent
F
Safety
1.0 / 5.0
206 violent crimes/100K
C
Education
2.4 / 5.0
17.7% bachelor's degree or higher

Income Overview

Median Household Income
$61,648
18% below
US avg: $75,149
Per Capita Income
$31,288
20% below
US avg: $39,052
Unemployment Rate
2.3%
36% below
US avg: 3.6%
Poverty Rate
3.9%
69% below
US avg: 12.4%

Income Comparison: Rensselaer vs. U.S. Average

Each bar shows Rensselaer’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$61,648
82%
Per Capita
US: $39,052
$31,288
80%
IRS Avg AGI
US: $72,000
$63,377
88%
Avg Weekly Wage
US: $1,432
$936
65%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$936
35% below US avg ($1,432)
Mean Commute Time
18 min
36% below US avg (28 min)
Work From Home
3.2%
79% below US avg (15.2%)
Drive Alone
81.0%
11% above US avg (73.2%)
Public Transit
0.8%
85% below US avg (5.0%)
County GDP
$504M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 81%
Public Transit 0.8%
Work From Home 3.2%
Other 15%
Average commute time
18 minutes
US avg: 28 min

Business Landscape

Total Establishments
291
Restaurants
25
Healthcare
12
Retail
40
Manufacturing
13

Tax & Financial

IRS Avg Adjusted Gross Income
$63,377
12% below US avg ($72,000)
Avg Property Tax
$2,950
16% 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$61,648
Per Capita Income$31,288
IRS Avg Adjusted Gross Income$63,377
Avg Weekly Wage$936
County GDP$504M

Hardship Indicators

Unemployment Rate2.3%
Poverty Rate3.9%
Gini Coefficient0.395
Cost of Living Index93.3

Commute

Mean Commute18 minutes
Drive Alone81.0%
Public Transit0.8%
Work From Home3.2%

Businesses

Total Establishments291
Restaurants25
Healthcare12
Retail40
Manufacturing13

Tax

IRS Avg AGI$63,377
Avg Property Tax$2,950