CITY
Romney
Indiana · 391 residents · 0.564 sq mi
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Part of the Lafayette metro area
The short version
Romney has lower-than-average household income, with a median household income of $63,578. Population has fallen 30% since 2023, a loss of 170 residents. Median home value is $161,000. Poverty is rare here, at 0.0% of residents.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 37.4
US median: 38.9
Less educated
24% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01
Population & growth
Population, 2020 – 2024
2024391
Section 02
Income & economy
$63,578
+1%inflation adjusted, since 2023
from $61,133 in 2023
US average: $82,259
2020 – 2024
Households earning $100K+
28.5%
−5.4 ptssince 2023
from 33.9% in 2023
US average: 53.3%
Workforce by industry, 2024
Retail trade35.9%
Wholesale trade10.7%
Information9.2%
Finance & insurance3.9%
Education & health services3.9%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Transportation & warehousing0%
Professional, scientific, technical0%
Arts, entertainment, food0%
Other services0%
Public administration0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
$161,000
+1%inflation adjusted, since 2023
from $155,300 in 2023
US average: $376,019
2020 – 2024
RELATED:See current rent listings in Romney on RentDataNow
Section 04
Race & ethnicity
2023
White, non-Hispanic91.4%(513)
Black0%(0)
Hispanic / Latino8.6%(48)
Asian0%(0)
Other0%(0)
Diversity Score19.6%(110)
2024
White, non-Hispanic90.5%(354)
Black0%(0)
Hispanic / Latino9.5%(37)
Asian0%(0)
Other0%(0)
Diversity Score21.4%(84)
Section 05
Education
High school or higher
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 89.6%
Section 06
Commute & transportation
Section 07
Work & employment
Section 08
People & community
Drill deeper
Places similar to Romney
Head to head
Compare Romney to nearby cities
ROMNEY VS
Lafayette
Income$53,716−16%
Home value$172,800+7%
Population71,238+18119%
SEE FULL COMPARISON →
ROMNEY VS
West Lafayette
Income$34,891−45%
Home value$350,000+117%
Population45,747+11600%
SEE FULL COMPARISON →
ROMNEY VS
Crawfordsville
Income$55,033−13%
Home value$134,000−17%
Population16,699+4171%
SEE FULL COMPARISON →
ROMNEY VS
Frankfort
Income$57,412−10%
Home value$138,600−14%
Population16,837+4206%
SEE FULL COMPARISON →
Frequently asked
How many people live in Romney, Indiana?
Romney, Indiana has about 391 residents according to the 2024 American Community Survey.
What is the median household income in Romney, Indiana?
The typical household in Romney, Indiana earns about $63,578 a year. Half of households make more than that, and half make less.
Is Romney, Indiana expensive?
In Romney, Indiana, the median home is worth about $161,000.
How educated are people in Romney, Indiana?
About 23.6% of adults age 25 and over in Romney, Indiana hold a bachelor's degree or higher.
What is the poverty rate in Romney, Indiana?
About 0.0% of people in Romney, Indiana live below the federal poverty line.
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IndianaDATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024