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Spiceland, IN
Full City Profile · Indiana · Henry County County
2.9
/5.0
C+
Fair
896
Population
614/sq mi density
$63,676
Median Income
$27,003 per capita
$107,700
Home Value
$201,587 Zillow
$778
Median Rent
36.4% income on rent
50°F
Avg Temperature
293 sunny days/yr
81
Violent Crime/100K
4,552 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$63,676 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$107,700 home value, $778/mo rent
F
Safety
1.0 / 5.0
81 violent crimes/100K
D
Education
2.0 / 5.0
12.1% bachelor's degree or higher
Income Overview
Median Household Income
$63,676
15% below
US avg: $75,149
Per Capita Income
$27,003
31% below
US avg: $39,052
Unemployment Rate
1.9%
47% below
US avg: 3.6%
Poverty Rate
15.2%
23% above
US avg: 12.4%
Income Comparison: Spiceland vs. U.S. Average
Each bar shows Spiceland’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$63,676
85%
Per Capita
US: $39,052
$27,003
69%
IRS Avg AGI
US: $72,000
$58,262
81%
Avg Weekly Wage
US: $1,432
$926
65%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$926
35% below US avg ($1,432)
Mean Commute Time
28 min
0% below US avg (28 min)
Work From Home
1.0%
93% below US avg (15.2%)
Drive Alone
83.3%
14% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,018M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
83.3%
Public Transit
0%
Work From Home
1%
Other
15.7%
Average commute time
28 minutes
US avg: 28 min
Business Landscape
Total Establishments
893
Restaurants
80
Healthcare
95
Retail
138
Manufacturing
51
Tax & Financial
IRS Avg Adjusted Gross Income
$58,262
19% below US avg ($72,000)
Avg Property Tax
$2,909
17% 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 | $63,676 |
| Per Capita Income | $27,003 |
| IRS Avg Adjusted Gross Income | $58,262 |
| Avg Weekly Wage | $926 |
| County GDP | $2,018M |
Hardship Indicators
| Unemployment Rate | 1.9% |
| Poverty Rate | 15.2% |
| Gini Coefficient | 0.427 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 28 minutes |
| Drive Alone | 83.3% |
| Public Transit | 0.0% |
| Work From Home | 1.0% |
Businesses
| Total Establishments | 893 |
| Restaurants | 80 |
| Healthcare | 95 |
| Retail | 138 |
| Manufacturing | 51 |
Tax
| IRS Avg AGI | $58,262 |
| Avg Property Tax | $2,909 |