Trafalgar, Indiana Median Income

Trafalgar, Indiana has a population of 1,550, with a median household income of $74,500.

Current median income data for Trafalgar.

$74,500

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Population

1,550

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Median Income

$74,500

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Unemployment

2.80%

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Housing Price

$235,000

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Crime Rate

7.40

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Internet Speed

400.00 Mbps

Trafalgar is a small local community located in Indiana. The city has a population that is below the average city population in Indiana, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Indiana, Trafalgar provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Trafalgar has a population of 1,550, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Trafalgar is $74,500, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Trafalgar is about $235,000, making it relatively affordable compared to many cities in Indiana.

Employment and Safety

The unemployment rate in Trafalgar is 2.80%, which is lower than the state average, indicating a relatively strong job market. Trafalgar has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Indiana, Trafalgar shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Trafalgar continues to play a role in shaping regional trends in Indiana, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Trafalgar

What is the population of Trafalgar?

The population of Trafalgar is approximately 1,550.

Is Trafalgar a good place to live?

Trafalgar offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Trafalgar?

The median household income in Trafalgar is around $74,500.

How expensive is housing in Trafalgar?

The average housing price in Trafalgar is approximately $235,000.