Bourbon

Population: 1,816
Median household income: $71,375
Median home value: $156,800

Bourbon, a community in Marshall County, Indiana, has 1,816 residents. The median household income of $71,375 is above the Marshall County median ($68,041).

Between 2019 and 2023, Bourbon's population declined 10.2% from 2,023 to 1,816, while its median home value rose 47.1% from $106,600 to $156,800.

White (non-Hispanic) residents are the largest group, 90.9% of the population. 72.4% of workers drive to work alone.

Demographics

ACS 2019–2023

Population: 1,816
Median age: 32.5 yrs
Median household income: $71,375
Median home value: $156,800
Median gross rent: $848
Housing units: 765
Homeownership rate: 74.6%
Bachelor's degree or higher: 23.1%
Unemployment rate: 3.9%

Trends

ACS 5-year · 2019–2023

Population

2,0231,816

Median household income

$54,333$71,375

Median home value

$106,600$156,800

Median gross rent

$611$848

Year	Population	Median household income	Median home value	Median gross rent
2019	2,023	$54,333	$106,600	$611
2020	1,942	$60,976	$119,400	$755
2021	1,752	$58,409	$127,700	$760
2022	1,747	$59,531	$145,300	$806
2023	1,816	$71,375	$156,800	$848

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

Age distribution

Under 57.6%

5 to 1723.5%

18 to 249.8%

25 to 3412.5%

35 to 4411.2%

45 to 5413.2%

55 to 6411.3%

65 to 746.6%

75 and over4.5%

	Count	Share
Under 5	138	7.6%
5 to 17	426	23.5%
18 to 24	178	9.8%
25 to 34	227	12.5%
35 to 44	203	11.2%
45 to 54	239	13.2%
55 to 64	205	11.3%
65 to 74	119	6.6%
75 and over	81	4.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,651	90.9%
Black or African American	2	0.1%
American Indian & Alaska Native	2	0.1%
Asian	17	0.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	73	4.0%
Hispanic or Latino (any race)	71	3.9%

Educational attainment (age 25+)

No high school diploma6.8%

High school graduate36.5%

Some college or associate's33.6%

Bachelor's degree20.0%

Graduate or professional degree3.1%

	Count	Share
No high school diploma	73	6.8%
High school graduate	392	36.5%
Some college or associate's	361	33.6%
Bachelor's degree	215	20.0%
Graduate or professional degree	33	3.1%

Commute to work

Mean travel time to work: 20 min

Drove alone72.4%

Carpooled8.3%

Public transit0.0%

Walked6.2%

Bicycle6.4%

Worked from home5.2%

Other means1.5%

How workers get to work

	Count	Share
Drove alone	656	72.4%
Carpooled	75	8.3%
Public transit	0	0.0%
Walked	56	6.2%
Bicycle	58	6.4%
Worked from home	47	5.2%
Other means	14	1.5%

Travel time

	Count	Share
Under 15 min	254	29.6%
15 to 29 min	440	51.2%
30 to 44 min	90	10.5%
45 to 59 min	38	4.4%
60+ min	37	4.3%

Households

Average household size: 2.70
Poverty rate: 11.0% (196 of 1,786)

	Count	Share
Family households	463	68.8%
Nonfamily households	210	31.2%

Housing

Median year structure built: 1958

Occupancy

	Count	Share
Occupied	673	88.0%
Vacant	92	12.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	502	74.6%
Renter-occupied	171	25.4%

1-unit, detached82.2%

1-unit, attached0.4%

2 to 4 units10.1%

5 to 19 units2.9%

20 or more units3.1%

Mobile home & other1.3%

Units in structure

	Count	Share
1-unit, detached	629	82.2%
1-unit, attached	3	0.4%
2 to 4 units	77	10.1%
5 to 19 units	22	2.9%
20 or more units	24	3.1%
Mobile home & other	10	1.3%

Geography

Place GEOID: 1806760
Type (LSAD): 43
Land area: 1.15 sq mi
Water area: 0 sq mi
Center point: 41.2994, -86.1169