Greencastle
Greencastle city, Indiana
Greencastle, Indiana, offers a refreshing alternative to the soaring costs of living you'll find in many parts of the country. This charming community of just under 10,000 residents boasts a median home value of approximately $148,600, a figure that's less than half the national average. This affordability, combined with a slower pace of life, creates an inviting atmosphere for those seeking a more relaxed lifestyle. You can enjoy the friendly Hoosier spirit without the stress of big-city living.
From an investment perspective, Greencastle presents a compelling case. While the median household income of around $51,836 is below the national average, the significantly lower cost of housing makes this area exceptionally attractive. The local real estate market caters to first-time homebuyers, retirees, and anyone looking for financial freedom. This area is ideal for those who value community, affordability, and a safe environment, making it a smart choice for those seeking a balanced lifestyle and a sound investment.
Greencastle, Indiana at a Glance
Greencastle is a city in Greencastle city, Indiana with a population of approximately 9,865. The median home value is $148,600 and the median household income is $51,836. It has a Walk Score of 47 out of 100, indicating car dependency. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,013 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$148,600
Median Income
$51,836
Population
9,865
Walk Score
47
Air Quality
AQI 44
Good
Climate Risk
Relatively High
Good
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- Population
- 9,865
- Median Age
- N/A
- Median Household Income
- $51,836
30% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 9.4%
24% below nat'l avg
- Median Home Value
- $148,600
47% below nat'l avg
- Median Rent
- $1,013
13% below nat'l avg
- Homeownership Rate
- 35.0%
47% below nat'l avg
- Affordability Index
- 159
59% above nat'l avg
- Violent Crime Rate
- N/A
- Property Crime Rate
- 0.3 per 1K
98% below nat'l avg
- AQI
- 44
5% above nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 84.70
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.6¢/kWh
12% below nat'l avg
- Est. Monthly Electric
- $131
4% below nat'l avg
- Unemployment Rate
- 1.1%
70% below nat'l avg
- Poverty Rate
- 9.4%
24% below nat'l avg
Political Landscape
→ Politically stable
Based on Marion County county-level presidential election data
Culture & Things to Do in Greencastle
Covered Bridge Festival
An annual festival celebrating the county's covered bridges with crafts, food, and entertainment.
Greencastle Summer Music Festival
A series of classical music concerts held throughout the summer.
DePauw University's Old Gold Weekend
Homecoming weekend with various events for alumni and students.
Greencastle Farmers' Market
A weekly market offering local produce, crafts, and food.
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