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Romney, IN

Full City Profile · Indiana · Tippecanoe County County

3.2 /5.0
B Good
561 Population 1,558/sq mi density
$61,133 Median Income $52,942 per capita
$155,300 Home Value $291,277 Zillow
52°F Avg Temperature 275 sunny days/yr
496 Violent Crime/100K 4,842 property/100K
B
Overall
3.2 / 5.0
Good 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, /mo rent
F
Safety
1.0 / 5.0
496 violent crimes/100K (31% above avg)
B
Education
3.5 / 5.0
31.0% bachelor's degree or higher

Income Overview

Median Household Income
$61,133
19% below
US avg: $75,149
Per Capita Income
$52,942
36% above
US avg: $39,052
Unemployment Rate
7.0%
94% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Romney vs. U.S. Average

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

Median Household
US: $75,149
$61,133
81%
Per Capita
US: $39,052
$52,942
136%
IRS Avg AGI
US: $72,000
$73,665
102%
Avg Weekly Wage
US: $1,432
$1,176
82%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,176
18% below US avg ($1,432)
Mean Commute Time
31 min
14% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
100.0%
37% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$13,689M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 100%
Public Transit 0%
Work From Home 0%
Average commute time
31 minutes
US avg: 28 min

Business Landscape

Total Establishments
4,253
Restaurants
478
Healthcare
475
Retail
519
Manufacturing
128

Tax & Financial

IRS Avg Adjusted Gross Income
$73,665
2% above US avg ($72,000)
Avg Property Tax
$3,805
9% above US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$61,133
Per Capita Income$52,942
IRS Avg Adjusted Gross Income$73,665
Avg Weekly Wage$1,176
County GDP$13,689M

Hardship Indicators

Unemployment Rate7.0%
Poverty Rate0.0%
Gini Coefficient0.478
Cost of Living Index93.3

Commute

Mean Commute31 minutes
Drive Alone100.0%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments4,253
Restaurants478
Healthcare475
Retail519
Manufacturing128

Tax

IRS Avg AGI$73,665
Avg Property Tax$3,805