Advance

Population: 418
Median household income: $65,000
Median home value: $164,800

Advance is a community in Boone County, Indiana, home to 418 residents. The median household income of $65,000 is below the Boone County median ($104,865).

From 2019 to 2023, Advance's population declined 8.7% from 458 to 418, while its median home value rose 66.8% from $98,800 to $164,800.

87.8% of workers drive to work alone. 84.6% of homes are single-family detached houses.

Demographics

ACS 2019–2023

Population: 418
Median age: 47.0 yrs
Median household income: $65,000
Median home value: $164,800
Median gross rent: $1,014
Housing units: 208
Homeownership rate: 83.5%
Bachelor's degree or higher: 23.7%
Unemployment rate: 1.3%

Trends

ACS 5-year · 2019–2023

Population

458418

Median household income

$54,167$65,000

Median home value

$98,800$164,800

Median gross rent

$888$1,014

Year	Population	Median household income	Median home value	Median gross rent
2019	458	$54,167	$98,800	$888
2020	423	$60,313	$108,200	$867
2021	397	$56,667	$120,400	$1,069
2022	412	$71,042	$138,800	$1,100
2023	418	$65,000	$164,800	$1,014

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 54.8%

5 to 1715.3%

18 to 245.3%

25 to 3412.7%

35 to 449.6%

45 to 5413.2%

55 to 6422.7%

65 to 7410.0%

75 and over6.5%

	Count	Share
Under 5	20	4.8%
5 to 17	64	15.3%
18 to 24	22	5.3%
25 to 34	53	12.7%
35 to 44	40	9.6%
45 to 54	55	13.2%
55 to 64	95	22.7%
65 to 74	42	10.0%
75 and over	27	6.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	406	97.1%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	10	2.4%
Hispanic or Latino (any race)	2	0.5%

Educational attainment (age 25+)

No high school diploma9.6%

High school graduate33.7%

Some college or associate's33.0%

Bachelor's degree15.7%

Graduate or professional degree8.0%

	Count	Share
No high school diploma	30	9.6%
High school graduate	105	33.7%
Some college or associate's	103	33.0%
Bachelor's degree	49	15.7%
Graduate or professional degree	25	8.0%

Commute to work

Mean travel time to work: 29 min

Drove alone87.8%

Carpooled3.5%

Public transit0.0%

Walked5.7%

Bicycle0.0%

Worked from home3.0%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	202	87.8%
Carpooled	8	3.5%
Public transit	0	0.0%
Walked	13	5.7%
Bicycle	0	0.0%
Worked from home	7	3.0%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	34	15.2%
15 to 29 min	92	41.3%
30 to 44 min	49	22.0%
45 to 59 min	35	15.7%
60+ min	13	5.8%

Households

Average household size: 2.30
Poverty rate: 8.1% (34 of 418)

	Count	Share
Family households	129	70.9%
Nonfamily households	53	29.1%

Housing

Median year structure built: 1938

Occupancy

	Count	Share
Occupied	182	87.5%
Vacant	26	12.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	152	83.5%
Renter-occupied	30	16.5%

1-unit, detached84.6%

1-unit, attached2.4%

2 to 4 units3.4%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other9.6%

Units in structure

	Count	Share
1-unit, detached	176	84.6%
1-unit, attached	5	2.4%
2 to 4 units	7	3.4%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	20	9.6%

Geography

Place GEOID: 1800640
Type (LSAD): 43
Land area: 0.59 sq mi
Water area: 0 sq mi
Center point: 39.9956, -86.6199