Advance, IN

Town in Boone County, IN, US

By Neilsberg Research

Last updated May 1, 2026

Key Indicators

A quick look at key numbers

Population

390

Source: U.S. Census Bureau American Community Survey (ACS) 2020-2024 5-Year Estimates

Median Age

41.5

years ∙ half population younger than 41.5, half older

Diversity Index

5.5%

chance two random people differ in race and ethnicity

Nativity

0.5%

foreign-born population

99.5%Native

0.5% Foreign-born

Geographic Context

Location, size, and surroundings

About

Advance is a town within Boone County, Indiana, United States.

Location

Town in Boone County, IN, US

Co-ordinates

DEC39.995552° N, 86.619922° W

DMS39° 59′ 43.99″ N, 86° 37′ 11.72″ W

Population Density & area

662.1/sq mi (255.6/km²)

Total Area

0.589 sq mi (1.526 km²)

Land Area

0.589 sq mi (1.526 km²) · 100%

Water Area

0 sq mi (0 km²) · 0%

Demographics & Living

Who lives here, how households are formed, and community composition

Population Composition

Key characteristics of the population

Sex Distribution

58.2% male

Male 58.2%

Female 41.8%

males per 100 females

Advance 139.3

Boone County 99.7

Indiana 98.4

Nativity

0.5%

foreign-born population

99.5%Native

0.5% Foreign-born

% Foreign-born

Advance 0.5%

Boone County 5.3%

Indiana 6.3%

Age Distribution

How the population is spread across age groups

Median Age

41.5

years ∙ half population younger than 41.5, half older

Advance

41.5

Boone County

38.8

Indiana

38.1

Dependency ratio

61.8

dependents per 100 working-age adults

Advance 61.8

Boone County 68.1

Indiana 66.7

AGE DISTRIBUTION

Distribution of age group

Median age

	Advance	Boone County	Indiana
Age Group
Children (Under 18)	24.1%	25.5%	23.3%
Working age (18-64)	61.8%	59.5%	59.9%
Senior (65+)	14.1%	15%	16.8%
Dependency ratio
Total dependency ratio	61.8	68.1	66.7
Child dependency ratio	39	42.9	38.8
Old-age dependency ratio	22.8	25.2	27.9

Racial & Ethnic Composition

Racial and ethnic makeup and how it compares

Race & Ethnicity

White

97.2%

Black

Asian

Hispanic

0.3%

Other

2.5%

Note: White, Black, and Asian refer to individuals belonging to a single race and not of Hispanic origin. Hispanics may be of any race.

Diversity Index

5.5%

chance two random people differ in race and ethnicity

Advance 5.5%

Boone County 25.2%

Indiana 41.4%

Note: The Diversity Index (DI), based on the Blau Index, measures the probability that two randomly selected individuals differ in race and ethnicity. Values range from 0 (no diversity) to 1 (high diversity) and are shown as percentages.

RACIAL & ETHNIC COMPOSITION

Race & Ethnicity

Percentage of Advance population

Racial and ethnic composition — Advance vs Boone County vs Indiana. Source: ACS 2020-2024 5-Year Estimates.
	Advance	Boone County	Indiana
Hispanic or Latino	0.3%	4.3%	8.6%
Mexican	0.3%	2.9%	5.7%
Puerto Rican	0%	0.3%	0.8%
Cuban	0%	0.1%	0.1%
Other Hispanic / Latino	0%	1%	2%
Not Hispanic or Latino	99.7%	95.7%	91.4%
One race	97.1%	92.9%	87.6%
White	97.2%	86.2%	75.4%
Black or African American	0%	3%	9.1%
American Indian and Alaska Native	0%	0%	0.1%
Asian	0%	3.6%	2.6%
Native Hawaiian and Other Pacific Islander	0%	0%	0%
Some Other Race	0%	0.1%	0.4%
Two or more races (Multiracial)	2.6%	2.8%	3.8%

Household & Families Composition

Household size, type, and family structure

Household structure

71.8% family

Family 71.8%

Non family 28.2%

% family households

Advance 71.8%

Boone County 71.1%

Indiana 63.7%

Average household size

2.5

persons per household

Advance

2.5

Boone County

2.58

Indiana

2.46

Household & Family COMPOSITION

Households

Percentage of Advance population

	Advance	Boone County	Indiana
Total households	156	28,738	2,716,009
Average houshold size	2.5	2.58	2.46
Family households	112	20,443	1,729,978
Average family size	2.93	3.08	3.07
Married couple family	89	16,764	1,284,219
Other families	23	3,679	445,759
Male householder	8	1,151	137,811
Female householder	15	2,528	307,948
Non-family households	44	8,295	986,031
One-person households	34	6,928	803,751
Male householder	18	3,326	374,646
Senior (65+) living alone	14	997	109,929
Female householder	16	3,602	429,105
Senior (65+) living alone	6	1,873	217,057
Other living arrangements	10	1,367	182,280

Housing Profile

Housing stock, ownership, rentals, and cost burdens

Total housing units

192

housing units

Advance 192

Boone County 29,737

Indiana 2,976,568

Occupancy status

81.3% occupied

Occupied 81.3%

Vacant 18.8%

vacancy rate

Advance 18.8%

Boone County 3.4%

Indiana 8.8%

Housing Characteristics

How the housing supply is structured and used

Types of Housing unit

93.2%

Single family houses

93.2%

Apartments in multi-unit structures

Mobile homes

5.7%

Boat, RV, van, etc

Median Year Built

1938

Half of houses were built before 1938, and half after.

* The Census Bureau did not report an exact median year built for Advance the estimate falls at or before 1939, the lower limit of the survey's reporting range.

Historic ∙ 1939 or earlier

46.9%

Postwar & mid-century ∙ 1940 - 1969

25.1%

Late 20th century ∙ 1970 - 1999

22.9%

Modern ∙ 2000 or later

5.2%

Note: Median year built reflects occupied units only; distribution includes all units.

Housing Characteristics

Units, rooms & bedrooms

Physical characteristics of housing units

	Advance	Boone County	Indiana
Rooms per unit
Median rooms	5.9	6.8	5.9
1–3 rooms	3.6%	8.6%	10.5%
4–6 rooms	60.9%	37%	51.4%
7+ rooms	35.4%	54.4%	38.2%
Bedrooms
No bedroom / studio	0%	0.8%	1.7%
1 bedroom	3.6%	7.1%	9.2%
2 bedrooms	34.9%	17.3%	24.7%
3 bedrooms	45.8%	36.9%	43.3%
4+ bedrooms	15.6%	37.8%	21.1%
At a glance
Median year built	1938	1995	1977
Total housing units	192	29,737	2,976,568

Occupancy Profile

Who is inside and how they use it

Homeownership

86.5% owners

Renter-occupied 13.5%

Owner-occupied 86.5%

homeownership rate

Advance 86.5%

Boone County 78.8%

Indiana 70.6%

Average household size

2.45

Owner-occupied

2.81

Renter-occupied

owner-occupied average size

Advance 2.45

Boone County 2.74

Indiana 2.58

Housing Characteristics

Occupied unit characteristics

Tenure, crowding, and utilities

	Advance	Boone County	Indiana
Total occupied units	156	28,738	2,716,009
Year moved in
2020 or later	16%	26.1%	23.9%
2010 to 2019	30.1%	42.8%	39.6%
2000 to 2009	17.9%	15.2%	16.3%
1999 or earlier	35.9%	15.9%	20.2%
Occupants per room
1.00 or fewer	100%	99.6%	98.2%
1.01 to 1.50	0%	0.4%	1.3%
1.51 or more	0%	0%	0.6%
Vehicles availability
No vehicles	0%	2.4%	6.2%
1 vehicle	26.9%	28.2%	32%
2 vehicles	43.6%	41.8%	38.2%
3 or more vehicles	29.5%	27.6%	23.6%
House heating fuel used
Gas	71.2%	66.1%	65.8%
Electricity	24.4%	31.9%	31.2%
Solar	0%	0%	0.1%
Fuel oil, kerosene etc	3.2%	0.6%	0.5%
All other fuels	1.3%	1.2%	2%
No fuel used	0%	0.2%	0.5%
Selected characteristics
Lacking complete plumbing	0%	0%	0.4%
Lacking complete kitchen	0%	0.2%	0.8%
No telephone service available	0%	0.2%	0.9%

Housing Value

What owner-occupied units are worth

Median home value

$164,500

owner-occupied units

Median value(USD)

Advance

$164,500

Boone County

$376,200

Indiana

$218,200

Housing Cost Burden

34%

of homeowners with a mortgage are cost-burdened

% Cost-Burdened Households

Owners with a mortgage

34%

Owners without a mortgage

20.7%

Renters

40%

Note: Households spending 30% or more of their income on housing costs are considered cost-burdened.

Financial characteristics

Property value and housing costs

Tenure, crowding, and utilities

	Advance	Boone County	Indiana
Property value
Median Value	$164,500	$376,200	$218,200
Under $100,000	17%	5.5%	16.1%
$100,000 - $200,000	55.6%	14.3%	28.5%
$200,000 - $300,000	18.5%	16.5%	25.1%
$300,000 - $500,000	5.2%	30.6%	21.8%
$500,000 - $1,000,000	3.7%	27.7%	7.3%
$1,000,000 and more	0%	5.4%	1.2%
Owner-occupied households
With a mortgage	78.5%	72.9%	63.6%
Without a mortgage	21.5%	27.1%	36.4%
Median monthly owner costs
With a mortgage	$1,375	$2,012	$1,404
Without a mortgage	$575	$662	$517
Gross rent
Median rent	$1,042	$1,359	$1,062

Education Profile

How educated is the community and how education pays off

Adults with a college degree

20.9%

of adults 25+ with a bachelor's degree or higher

Advance 20.9%

Boone County 51.7%

Indiana 29.5%

Adults without a high school diploma

6.5%

of adults (25+) without a high school diploma

Advance 6.5%

Boone County 5%

Indiana 9.6%

School Enrollment

Who is enrolled in school and at what level

School enrollment

population (age 3+) enrolled in school

Nursery / Preschool

1.2%

K–12

81.5%

College / Undergraduate

17.3%

Graduate / Professional

College-going rate (18-24 yr olds)

16.7%

of 18-24-year-olds in college or graduate school

Advance

16.7%

Boone County

25.2%

Indiana

37.8%

Enrollment & school type

Enrollment levels, college-going rate, and public vs private school split

Population 3+ currently enrolled in a school

	Advance	Boone County	Indiana
Total enrolled (age 3+)	81	18,575	1,654,330
Nursery / preschool	1.2%	6.1%	5.8%
K–12	81.5%	79.1%	70.1%
Kindergarten	3.7%	6%	5.2%
Elementary: Grades 1–4	19.8%	22.2%	20.9%
Elementary: Grades 5–8	37%	27%	21.8%
High School: Grades 9–12	21%	24%	22.1%
College or graduate school	17.3%	14.8%	24.1%
College, undergraduate	17.3%	11.4%	19%
Graduate, professional school	0%	3.4%	5.1%
College-going rate · 18-24 yr olds	16.7%	25.2%	37.8%
School type
Public school	85.2%	87.9%	81.6%
Private school	14.8%	12.1%	18.4%

Education Attainment by Level & Gender

What is the highest level of education completed among adults

Education attainment

278

population 25 years and over

Total adults (25+)

Less than 9th grade

1.8%

9th-12th, no diploma

4.7%

HS graduate

35.6%

Some college no degree

29.1%

Associates degree

7.9%

Bachelors degree

14.7%

Graduate or professional degree

6.1%

Attainment by gender

Male vs Female

Adults (25+) · Share within each education level

% male · % female

Less than 9th grade

100% · 0%

9th-12th, no diploma

76.9% · 23.1%

HS graduate

60.6% · 39.4%

Some college no degree

39.5% · 60.5%

Associates degree

50% · 50%

Bachelors degree

61% · 39%

Graduate or professional degree

41.2% · 58.8%

Educational Attainment Overview

Distribution and key education attainment rates for adults (25+)

Highest credential completed · adults 25+

	Advance	Boone County	Indiana
Population (25+)	278	49,995	4,596,004
Less than 9th grade	1.8%	1.7%	3.6%
9th–12th, no diploma	4.7%	3.3%	6%
High school diploma or GED	35.6%	20.4%	32.5%
Some college, no degree	29.1%	14.1%	19.3%
Associate's degree	7.9%	8.7%	9.1%
Bachelor's degree or higher	20.9%	51.7%	29.5%
Bachelor's degree	14.7%	30.7%	18.7%
Graduate or professional	6.1%	21%	10.8%
High School or higher	93.5%	94.9%	90.4%

Earnings by education level

percentage as applicable

Median Earnings

$45,625

Median earnings for adults 25+, by level

Less than HS graduate

$28,333

HS graduate

$45,625

Some college or associates

$42,917

Bachelors degree

$—

Graduate or professional degree

$91,042

Poverty Rate

15.5%

for ages 25+, with bachelors degree or higher

Less than HS graduate

HS graduate

5.1%

Some college or associates

7.8%

Bachelors degree or higher

15.5%

Outcomes by Education Level

Earnings and poverty rates across education levels (25+)

Adults 25+

	Advance	Boone County	Indiana
Median earnings
Population 25+, with earnings	$45,625	$69,246	$49,693
Less than high school graduate	$28,333	$27,368	$34,287
High school graduate (includes equivalency)	$45,625	$42,855	$40,411
Some college or associate's degree	$42,917	$50,413	$47,119
Bachelor's degree	$—	$85,110	$62,429
Graduate or professional degree	$91,042	$113,218	$79,544
Poverty rates
Less than high school graduate	0%	12.9%	23.6%
High school graduate (includes equivalency)	5.1%	6.5%	12.6%
Some college or associate's degree	7.8%	6.7%	9%
Bachelor's degree or higher	15.5%	2%	4%

Insights for Advance, by topic

Income By year By race By age By gender

Population By year By race By age By gender

About Neilsberg Research

Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

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