When you think of the college corner of Indy, what do you imagine? Perhaps you picture a small town with a huge college campus. The population of College Corner, Indiana is just over 570. But it's more than that. The median home value in College Corner is $81,300, making it a lower-than-average place to live. However, you might be surprised to learn that this area has a surprisingly low poverty rate. That means that, although the population is not very large, its median household income is below the national average.
The median annual income in West College Corner, IN is $42,031, which is significantly less than the United States average of $65,712. The highest-paying industries in West-College Corner, IN are Manufacturing, Education, and Retail Trade. These three industries collectively employ about 260 people. These three industries contribute the most to the economy of College Corner, IN. While they do not generate the highest amounts of income, they provide the largest percentage of jobs in the area.
In addition to the average household income, you should also look into home ownership rates in the area. In this way, you can better understand the demographics of your potential audience. You can also consider the median income and percentage of home ownership in College Corner when evaluating your target market. It's important to know that home ownership rates in the area are higher than average, which may help you determine your target audience.