Versailles, IN

Full City Profile · Indiana · Ripley County County

3.6 /5.0
B+ Good
1,882 Population 1,199/sq mi density
$50,179 Median Income $28,420 per capita
$165,600 Home Value $267,057 Zillow
$709 Median Rent 29.7% income on rent
51°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$50,179 median income, 1.9% unemployment
A+
Affordability
4.8 / 5.0
$165,600 home value, $709/mo rent
C
Education
2.3 / 5.0
16.8% bachelor's degree or higher

Versailles, IN

At a Glance

Median Income
$50,179
33% below
$28,420 per capita
Home Value
$165,600
41% below
Zillow: $267,057
Median Rent
$709/mo
39% below
29.7% of income on rent
Bachelor's Degree+
16.8%
50% below
84.5% high school+
Unemployment
1.9%
47% below
14.7% poverty rate
Obesity Rate
36.2%
13% above
17.6% smoking rate
Avg Temperature
51°F

How Versailles Compares to the U.S. Average

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

Income
67%
Home Value
59%
Rent
61%
Poverty
119%
Bachelor's
50%
Unemployment
53%
Thin vertical line = U.S. national average (100%)

Is Versailles a Good Place to Live?

B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Versailles residents earn a median household income of $50,179 , which is 33% below the national average of $75,149. Per capita income is $28,420. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 14.7% of residents live below the poverty line. The area is home to 800 business establishments, including 46 restaurants.

Housing & Cost of Living

The median home value in Versailles is $165,600 , 41% below the national median of $281,900. Zillow estimates the typical home at $267,057. Median rent is $709/month, with 29.7% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1974.

Education

16.8% of adults in Versailles hold a bachelor's degree or higher (50% below the national average). 84.5% have completed high school. Local schools score 6.5/10 in standardized testing.

Climate & Weather

Versailles has an average annual temperature of 51°F (11°C). Winters average 28°F in January while summers reach 72°F in July. Annual precipitation totals 48.2 inches.

Data Overview

People

Population1,882
Median Age39.1 yrs
Density1,199/mi²
Male / Female48% / 52%
Foreign Born1.0%
Veterans5.1%

Economy

B+
Median Income$50,179
Per Capita$28,420
Unemployment1.9%
Poverty14.7%
County GDP$1,408M
Avg Weekly Wage$1,046

Housing

A+
Home Value$165,600
Rent$709
Ownership57.2%
Zillow$267,057
Housing Units821
Rent Burden29.7%

Health

Obesity36.2%
Diabetes10.2%
Smoking17.6%
Heart Disease5.7%
Premature Death9,690/100K

Climate

Avg Temp51°F
Rain48.2 in/yr
Elevation985 ft

Education

C
Bachelor's+16.8%
High School+84.5%
Graduate+5.6%
School Score6.5/10

Community

2024 VoteR 80% / D 19%
Commute28 min
Broadband91.8%
Internet Speed83 Mbps
EV Stations1
Libraries4

Did You Know?

The median home in Versailles was built in 1974.
The nearest airport is Cincinnati/Northern Kentucky International (32 miles).
The Gini coefficient (income inequality) is 0.441 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
21.1% of the population has a disability.
The county recorded 8 fatal vehicle crashes.