Pros and Cons of Living In Anderson, Indiana. Is Anderson, IN a Nice Place To Live or Retire?

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Anderson, Indiana

Moving to Anderson In Indiana ? Is Anderson, IN a Nice Place To Live? Pros and Cons of Living in Anderson, Indiana. Find out the best and worst about to live, raise a family or retire in Anderson.

Anderson is a city in Madison County, Indiana, United States, and the county seat of Madison County. The population was 54,788 at the 2020 census. It is named after Chief William Anderson. The city is the headquarters of the Church of God and its Anderson University. Highlights of the city include the historic Paramount Theatre and the Gruenewald House.

DEMOGRAPHICS

Population
54476
Unemployment
6.5%
38% NAT AVG.
Poverty
23%
64% NAT AVG.
Cost Of Living
83
17% NAT AVG.

ECONOMICS

Median Home Cost
$78600
66% NAT AVG.
Median Income
$37110
45% NAT AVG.
Median Rent
$781
33% NAT AVG.
Overall Score
5

CRIME REPORT

Total Crime
2338
82% NAT. AVG.
99% STATE AVG.
Violent Crime
242
14% NAT. AVG.
23% STATE AVG.
Property Crime
2096
95% NAT. AVG.
114% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 15
People Earning < $10,000
1 in 10
People Earning < $50,000
62.5%
People With Any Degree
1 in 4.2

ETHNICITY

Ethnicity Anderson USA
White 73.6% 60.1%
African American 15% 12.2%
American Indian 0.3% 0.6%
Asian 0.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.9% 2.8%
Hispanic 5.9% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Anderson USA
Less than $10,000 9.8% 5.8%
$10,000 to $14,999 7.9% 4.1%
$15,000 to $24,999 15.3% 8.5%
$25,000 to $34,999 13.8% 8.6%
$35,000 to $49,999 15.7% 12.0%
$50,000 to $74,999 18.4% 17.2%
$75,000 to $99,999 9.2% 12.8%
$100,000 to $149,999 7.8% 15.6%
$150,000 to $199,999 1.3% 7.1%

EDUCATION

Education Anderson USA
< 9th Grade 3% 5.0%
9-12th Grade 10% 7.0%
High School or GED 41% 27.0%
Other College 22% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 9% 20.0%
Master's Degree 5% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Anderson is a city in Indiana state in USA with a population of 54476 residents.. The poverty rate of Anderson is 23%, which is 64% higher than national average. The typical household in Anderson earns $37110 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 62.5% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Anderson remained 6.5%, which is 38% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Anderson is 83, which is 17% lower than national average. In Anderson, only 16% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Anderson is $78600 , which is 66% lower than national average. While median income in Anderson remained $37110, which is 45% lower than national average.
Anderson Scorecard

Jobs50%

Housing50%

Affordability70%

Safety85%

Amenities85%

Diversity80%

Education50%

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