Talma, IN

Indiana

Talma is a small town in Indiana with a population of 154. Residents earn $95,893 per year, which is 28% above the national average.

4.4 /5.0
A Great
154 Population 770/sq mi density
$95,893 Median Income $20,906 per capita
$72,100 Home Value
50°F Avg Temperature
A
Overall
4.4 / 5.0
Great overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$95,893 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$72,100 home value
B
Education
3.2 / 5.0
0.0% bachelor's degree or higher
Median Income $95,893
28% higher than US avg
Home Value $72,100
74% lower than US avg
Bachelor's+ 0.0%
100% lower than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 0.0%
100% lower than US avg

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

People

Population154
Median Age43.1 yrs
Density770/mi²
Male / Female50% / 50%
Largest GroupWhite 100%
Veterans100.0%

Economy

A+
Median Income$95,893
Per Capita$20,906
Unemployment0.0%
Poverty0.0%
County GDP$905M
Commute40 min

Housing

A+
Home Value$72,100
RentN/A
OwnershipN/A

Climate

Avg Temp50°F (10°C)
AQI41 (Good)
Rain40.8 in/yr
Elevation773 ft (236 m)

Education

B
Bachelor's+0.0%
High School+54.5%
School Score6.01

Community

2024 VoteR 75% / D 24%
Commute40 min
Broadband29.0%
Libraries5

Is Talma a Good Place to Live?

Based on current data, Talma receives an overall livability score of 4.4 out of 5.0, earning a grade of A. Key strengths include above-average household incomes, low unemployment, affordable housing, a low poverty rate. Areas to be aware of include long commute times. Talma stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Talma is $95,893, 28% above the national average of $75,149. Residents generally enjoy above-average earning potential. The job market is very strong with unemployment at just 0.0%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 40 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Talma is $72,100, 74% below the national median — offering relatively affordable homeownership. At just 0.8x median income, home prices are very affordable relative to local earnings.

Education

0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 54.5% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Talma experiences four distinct seasons with an average temperature of 50°F. Winters average 25°F in January while summers reach 73°F in July. Annual precipitation totals 40.8 inches, including 30.1 inches of snow. Air quality is rated Good with a median AQI of 41.

Talma has a population of 154 with a density of 770 people per square mile. The median age is 43.1 years, 11% older than the national median of 38.9. The city is predominantly White (100%).

Population

154
Total Population
770
People / sq mi
43.1yrs
Median Age
11% above US avg
0.2mi²
Land Area

Gender Distribution

Male 50%
Female 50%

Race & Ethnicity

Talma vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Talma vs U.S. Average

The median household income in Talma is $95,893, which is 28% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 40 minutes.

Income: Talma vs U.S.

Commute Mode

Income

Median HH Income$95,893
28% above US avg
Per Capita Income$20,906
Avg Weekly Wage$933
IRS Avg AGI$63,511

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate0.0%
100% below US avg
Establishments (County)476
County GDP$905M

Business (County)

Restaurants47
Healthcare45
Retail94
Manufacturing35

Tax & Cost of Living

Property Tax (IRS)$2,817
20% below US avg
Effective Tax Rate3.91%

Commute & Transportation

Commute Time40.3 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Walkability

The median home value in Talma is $72,100, 74% below the national average.

Home Value Sources

Ownership Split

Home Values

Census Median$72,100
74% below US avg

Real Estate Market (Redfin)

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-Occupied79.3%

Property Tax

Avg Tax (IRS)$2,817
20% below US avg
Effective Rate3.91%
Talma has an average annual temperature of 50°F (10°C). Winters average 25°F in January while summers reach 73°F in July. Annual precipitation is 40.8 inches. Air quality is rated Good with a median AQI of 41.

Temperature

25°F Jan (-4°C) 73°F Jul (23°C)
Annual Average50.2°F
7% below US avg
January Average25°F (-4°C)
July Average73°F (23°C)

Precipitation & Snow

Annual Rainfall40.8 inches
7% above US avg
Snowfall30.1 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation773 ft (236 m)
Area0.2 sq mi (0.5 km²)
Population Density770/sq mi
Coordinates41.1524°N, 86.1379°W
TimezoneAmerica/Indiana/Indianapolis
County FIPS18049
It is classified as Nonmetro — Urban 2.5K–20K. 0.0% of residents hold a bachelor's degree or higher (100% below US avg). In the 2024 election, the county voted Republican by a 51.3-point margin. 29.0% of households have broadband internet.

2024 Presidential Election (County)

R 74.9%
D 23.7%

Winner: Republican by 51.3 points

Education

Bachelor's Degree+0.0%
100% below US avg
High School+54.5%
School Test Score6.01
B Education Grade (3.2/5.0)

Urban-Rural Classification

RUCC Code 7Nonmetro — Urban 2.5K–20K
Population Density770/sq mi
Total Area0.2 sq mi

Infrastructure & Services

Broadband Access29.0%
Public Libraries5
Healthcare Facilities45
Restaurants47
Retail Stores94

Safety & Disasters

Fatal Crashes (County/yr)3

Commute & Transportation

Avg Commute40.3 min
Drive Alone100.0%
Public Transit0.0%
Work from Home0.0%

Nearby Cities

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