Romney, IN

Indiana · Metropolitan Area

Romney is a small town in Indiana with a population of 561. Residents earn $61,133 per year, which is 19% below the national average.

4.0 /5.0
A Great
561 Population 1,558/sq mi density
$61,133 Median Income $52,942 per capita
$155,300 Home Value $291,277 Zillow
N/A Median Rent
52°F Avg Temperature
A
Overall
4.0 / 5.0
Great overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$61,133 median income, 7.0% unemployment
A+
Affordability
5.0 / 5.0
$155,300 home value
B
Education
3.5 / 5.0
31.0% bachelor's degree or higher
Median Income $61,133
19% lower than US avg
Home Value $155,300
45% lower than US avg
Bachelor's+ 31.0%
8% lower than US avg
Obesity Rate 28.3%
12% lower than US avg
Unemployment 7.0%
94% higher than US avg
Poverty Rate 0.0%
100% lower than US avg

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

People

Population561
Median Age37.4 yrs
Density1,558/mi²
Male / Female63% / 37%
Largest GroupWhite 91%

Economy

B+
Median Income$61,133
Per Capita$52,942
Unemployment7.0%
Poverty0.0%
County GDP$13,689M
Commute31 min

Housing

A+
Home Value$155,300
RentN/A
OwnershipN/A
Zillow$291,277

Crime

ViolentN/A
PropertyN/A

Health

Obesity28.3%
UninsuredN/A
Depression22.2%
Heart Disease5.2%

Climate

Avg Temp52°F
AQI41 (Good)
Rain39.8 in/yr
Elevation734 ft

Education

B
Bachelor's+31.0%
High School+100.0%
School Score6.01

Community

2024 VoteR 49% / D 49%
Commute31 min
Libraries5

Is Romney a Good Place to Live?

Based on current data, Romney receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include affordable housing, a low poverty rate, high health insurance coverage. Areas to be aware of include above-average unemployment. Romney stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Romney is $61,133, 19% below the national average of $75,149. The unemployment rate of 7.0% is somewhat elevated compared to the national rate of 3.6%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 31 minutes.

Cost of Living & Housing

The median home value in Romney is $155,300, 45% below the national median — offering relatively affordable homeownership. At just 2.5x median income, home prices are very affordable relative to local earnings.

Education

31.0% of residents hold a bachelor's degree, below the national average of 33.7%. 100.0% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Romney experiences four distinct seasons with an average temperature of 52°F. Winters average 25°F in January while summers reach 74°F in July. Annual precipitation totals 39.8 inches, including 20.5 inches of snow. Air quality is rated Good with a median AQI of 41.

Romney has a population of 561 with a density of 1,558 people per square mile. The median age is 37.4 years, 4% younger than the national median of 38.9. The city is predominantly White (91.4%), with 8.6% Hispanic.

Population

561
Total Population
1,558
People / sq mi
37.4yrs
Median Age
4% below US avg
0.4mi²
Land Area

Gender Distribution

Male 62.9%
Female 37.1%

Race & Ethnicity

Romney vs U.S. Average

Language Spoken at Home

English Only93.1%
19% above US avg
Spanish6.9%
49% below US avg

Social Characteristics

Romney vs U.S. Average

The median household income in Romney is $61,133, which is 19% below the national average of $75,149. The unemployment rate is 7.0% (above the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 31 minutes.

Income: Romney vs U.S.

Commute Mode

Income

Median HH Income$61,133
19% below US avg
Per Capita Income$52,942
Avg Weekly Wage$1,176
IRS Avg AGI$73,665

Employment & Poverty

Unemployment7.0%
94% above US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)4,253
County GDP$13,689M

Business (County)

Restaurants478
Healthcare475
Retail519
Manufacturing128

Tax & Cost of Living

Property Tax (IRS)$3,805
9% above US avg
Effective Tax Rate2.45%

Commute & Transportation

Commute Time31.4 min
Work from Home0.0%

Walkability

The median home value in Romney is $155,300, 45% below the national average. Zillow estimates the typical home value at $291,277.

Home Value Sources

Ownership Split

Home Values

Census Median$155,300
45% below US avg
Zillow ZHVI$291,277

Real Estate Market (Redfin)

$/Sq Ft$126
Homes Sold1
Sale-to-List Ratio98.4%
Price Drops0.0%

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-Occupied93.8%

Property Tax

Avg Tax (IRS)$3,805
9% above US avg
Effective Rate2.45%
In Romney, 28.3% of adults are obese (below the 32.1% national rate). 22.2% report depression. 17.9% are physically inactive.

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

Chronic Conditions

Obesity28.3%
12% below US avg
Diabetes9.2%
Heart Disease5.2%
High Blood Pressure30.8%
Asthma9.8%
COPD5.9%
Stroke2.6%

Behaviors & Mental Health

Binge Drinking20.4%
Physical Inactivity17.9%
Depression22.2%
Mental Distress16.1%
Physical Distress11.3%

Healthcare Access

Insurance Rate99.0%
Checkup Rate76.8%
Premature Death7,581/100K

Food & Exercise

Food Environment6.5/10
Exercise Access80.9%
Healthcare Facilities475

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

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)15

Safety Score

Romney has an average annual temperature of 52°F (11°C). Winters average 25°F in January while summers reach 74°F in July. Annual precipitation is 39.8 inches. Air quality is rated Good with a median AQI of 41.

Temperature

25°F Jan (-4°C) 74°F Jul (23°C)
Annual Average51.6°F
4% below US avg
January Average25°F (-4°C)
July Average74°F (23°C)

Precipitation & Snow

Annual Rainfall39.8 inches
5% above US avg
Snowfall20.5 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation734 ft (224 m)
Area0.4 sq mi (0.9 km²)
Population Density1,558/sq mi
Coordinates40.2537°N, 86.9049°W
County FIPS18157
It is classified as Metro — under 250K. 31.0% of residents hold a bachelor's degree or higher (8% below US avg). In the 2024 election, the county voted Republican by a 0.1-point margin.

2024 Presidential Election (County)

R 49.1%
D 49%

Winner: Republican by 0.1 points

Education

Bachelor's Degree+31.0%
8% below US avg
High School+100.0%
School Test Score6.01
B Education Grade (3.5/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density1,558/sq mi
Total Area0.4 sq mi

Infrastructure & Services

Public Libraries5
Healthcare Facilities475
Restaurants478
Retail Stores519

Safety & Disasters

Fatal Crashes (County/yr)15

Commute & Transportation

Avg Commute31.4 min
Work from Home0.0%

Nearby Cities

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