Advance, IN demographics:
population, income, and more
Advance population
How many people live in Advance
Advance is home to 390 residents, according to the most recent Census data. Gender-wise, 58.2% of Advance locals are male, and 41.8% are female.
Age demographics
The median age in Advance is 42, with the population distributed as follows: about 19.7% are children under 15, then 9% are in the 15 to 24 age group. Adults between 25 and 44 make up 24.9% of the population, while another 32.3% fall into the 45 to 64 bracket. Finally, around 14.1% are 65 or older.
Racial makeup
In Advance, 99.5% of the population are US-born citizens, while 0.5% have gained naturalized citizenship. There’s also a share of 2.6% that includes residents with two or more races.
Households in Advance
A peek inside Advance households
Advance has 156 households, with an average of 2 members in each. Of these, 71.8% are families, while the remaining 28.2% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Advance
The housing landscape of Advance
Advance's housing consists of 192 units, with 90.1% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.1% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 5.7% of the housing landscape.
The age of buildings in Advance
In Advance, the median construction year is 1943. About 46.9% of homes were built before the 1940s, with another 11.5% going up by 1949. Most development happened in the second half of the 20th century.
Advance occupancy rates
Out of the 156 occupied housing units in Advance, 86.5% are owner-occupied, while 13.5% are lived in by tenants. Meanwhile, 18.8% of all homes on the local market sit vacant.
Advance housing costs
Housing costs in Advance come to a median of $1,293 per month, while tenants specifically pay a median gross rent of $1,042.
Education in Advance
Advance education at a glance
About 40.5% of the population in Advance went to high school, while 28.7% pursued college studies. Another 8.1% earned an associate degree and 15.2% hold a bachelor’s. Meanwhile, 5.7% went even further, earning a master’s or doctorate.
Income in Advance
How much people earn in Advance
The average annual household income in Advance was $81,042 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +3.2% change from the previous year. At the same time, the median income stood at $64,500, reflecting a -0.8% shift over the same period.
Advance income by age
In Advance, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $92,500. Those with someone between 45 and 64 in charge, often well established professionally, earn $75,536 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $98,333, while those led by someone over 65, many of whom may be retired, have about $47,708 in earnings. Overall, 90.7% of the locals in this community live above the poverty line.
Average renter income in Advance
To get a better sense of what renters earn on average in Advance, their median household income was $45,000 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 27.8%, shows what portion of their earnings goes toward housing expenses.
Employment in Advance
Workforce and job types in Advance
The job market in Advance is powered by 193 working residents, spread across a range of industries and roles. 63.2% of the working population are employed in professional or administrative positions, while 36.8% are in hands-on or service-based jobs. Also, 1.6% run their own businesses, 78.8% are employed by private companies, and 13% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Advance stands at 1.5%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Advance
How people get around in Advance
In Advance, the average commute time is 32 minutes. Commuting methods vary: 93.3% of residents travel by personal vehicle and 3.1% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Advance by zipcode?
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FAQs about Advance demographics
What is the total population of Advance?
What is the gender ratio in Advance?
- 58.2% males (227 residents)
- 41.8% females (163 residents)
What is the median age in Advance?
What is the age distribution of the population in Advance?
- Under 15: 19.7% (77 residents)
- Ages 15-24: 9% (35 residents)
- Ages 25-44: 24.9% (97 residents)
- Ages 45-64: 32.3% (126 residents)
- Over 65: 14.1% (55 residents)
What is the racial and ethnic makeup of Advance?
- White: 97.2% (379 residents)
- Black or African American: 0% (0 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 2.6% (10 residents)
- Other: 0.3% (1 residents)
What percentage of the population in Advance are U.S.-born citizens?
How many housing units are there in Advance?
How many households are in Advance and what is the average household size?
What is the median household income in Advance?
What is the employment rate and job market overview for Advance?
Job types:
- White-collar workers: 63.2% (122 residents)
- Blue-collar workers: 36.8% (71 residents)
Places of employment:
- Self-employed: 1.6% (3 residents)
- Private companies: 78.8% (152 residents)
- Governmental workers: 13% (25 residents)
- Not-for-profit companies: 6.7% (13 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.