Bourbon, IN

Town in Marshall County, IN, US

By Neilsberg Research

Last updated May 1, 2026

Key Indicators

A quick look at key numbers

Population

1,760

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

Median Age

34.6

years ∙ half population younger than 34.6, half older

Diversity Index

18.4%

chance two random people differ in race and ethnicity

Nativity

0.9%

foreign-born population

99.1%Native

0.9% Foreign-born

Geographic Context

Location, size, and surroundings

About

Bourbon is a town within Marshall County, Indiana, United States.

Location

Town in Marshall County, IN, US

Co-ordinates

DEC41.299394° N, 86.116852° W

DMS41° 17′ 57.82″ N, 86° 07′ 00.67″ W

Population Density & area

1,530/sq mi (590.6/km²)

Total Area

1.15 sq mi (2.99 km²)

Land Area

1.15 sq mi (2.98 km²) · 99.68%

Water Area

0 sq mi (0.01 km²) · 0.32%

Demographics & Living

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

Population Composition

Key characteristics of the population

Sex Distribution

45.2% male

Male 45.2%

Female 54.8%

males per 100 females

Bourbon 82.6

Marshall County 101.8

Indiana 98.4

Nativity

0.9%

foreign-born population

99.1%Native

0.9% Foreign-born

% Foreign-born

Bourbon 0.9%

Marshall County 5.1%

Indiana 6.3%

Age Distribution

How the population is spread across age groups

Median Age

34.6

years ∙ half population younger than 34.6, half older

Bourbon

34.6

Marshall County

39.8

Indiana

38.1

Dependency ratio

dependents per 100 working-age adults

Bourbon 75

Marshall County 76.8

Indiana 66.7

AGE DISTRIBUTION

Distribution of age group

Median age

	Bourbon	Marshall County	Indiana
Age Group
Children (Under 18)	30.4%	24.5%	23.3%
Working age (18-64)	57.2%	56.5%	59.9%
Senior (65+)	12.4%	19%	16.8%
Dependency ratio
Total dependency ratio	75	76.8	66.7
Child dependency ratio	53.2	43.2	38.8
Old-age dependency ratio	21.8	33.6	27.9

Racial & Ethnic Composition

Racial and ethnic makeup and how it compares

Race & Ethnicity

White

90.1%

Black

0.6%

Asian

0.7%

Hispanic

4.3%

Other

4.3%

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

18.4%

chance two random people differ in race and ethnicity

Bourbon 18.4%

Marshall County 26.5%

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 Bourbon population

	Bourbon	Marshall County	Indiana
Hispanic or Latino	4.3%	11.9%	8.6%
Mexican	3.1%	8.1%	5.7%
Puerto Rican	0.5%	0.3%	0.8%
Cuban	0.7%	0%	0.1%
Other Hispanic / Latino	0%	3.5%	2%
Not Hispanic or Latino	95.7%	88.1%	91.4%
One race	91.4%	86.3%	87.6%
White	90.1%	84.9%	75.4%
Black or African American	0.6%	0.6%	9.1%
American Indian and Alaska Native	0.1%	0%	0.1%
Asian	0.7%	0.6%	2.6%
Native Hawaiian and Other Pacific Islander	0%	0%	0%
Some Other Race	0%	0.1%	0.4%
Two or more races (Multiracial)	4.3%	1.8%	3.8%

Household & Families Composition

Household size, type, and family structure

Household structure

66.4% family

Family 66.4%

Non family 33.6%

% family households

Bourbon 66.4%

Marshall County 67.5%

Indiana 63.7%

Average household size

2.5

persons per household

Bourbon

2.5

Marshall County

2.57

Indiana

2.46

Household & Family COMPOSITION

Households

Percentage of Bourbon population

	Bourbon	Marshall County	Indiana
Total households	703	17,758	2,716,009
Average houshold size	2.5	2.57	2.46
Family households	467	11,981	1,729,978
Average family size	3.06	3.16	3.07
Married couple family	271	9,392	1,284,219
Other families	196	2,589	445,759
Male householder	49	1,143	137,811
Female householder	147	1,446	307,948
Non-family households	236	5,777	986,031
One-person households	197	4,968	803,751
Male householder	82	2,444	374,646
Senior (65+) living alone	26	763	109,929
Female householder	115	2,524	429,105
Senior (65+) living alone	49	1,542	217,057
Other living arrangements	39	809	182,280

Housing Profile

Housing stock, ownership, rentals, and cost burdens

Total housing units

781

housing units

Bourbon 781

Marshall County 20,111

Indiana 2,976,568

Occupancy status

90% occupied

Occupied 90%

Vacant 10%

vacancy rate

Bourbon 10%

Marshall County 11.7%

Indiana 8.8%

Housing Characteristics

How the housing supply is structured and used

Types of Housing unit

82.7%

Single family houses

82.7%

Apartments in multi-unit structures

15.3%

Mobile homes

1.9%

Boat, RV, van, etc

Median Year Built

1963

Half of houses were built before 1963, and half after.

Historic ∙ 1939 or earlier

29.4%

Postwar & mid-century ∙ 1940 - 1969

29.6%

Late 20th century ∙ 1970 - 1999

34.7%

Modern ∙ 2000 or later

6.3%

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

Housing Characteristics

Units, rooms & bedrooms

Physical characteristics of housing units

	Bourbon	Marshall County	Indiana
Rooms per unit
Median rooms	6.6	6.3	5.9
1–3 rooms	8.4%	7.6%	10.5%
4–6 rooms	40.5%	46.7%	51.4%
7+ rooms	51.1%	45.6%	38.2%
Bedrooms
No bedroom / studio	0.5%	0.7%	1.7%
1 bedroom	9.5%	7%	9.2%
2 bedrooms	20.4%	22.2%	24.7%
3 bedrooms	50.3%	46.3%	43.3%
4+ bedrooms	19.3%	23.7%	21.1%
At a glance
Median year built	1963	1973	1977
Total housing units	781	20,111	2,976,568

Occupancy Profile

Who is inside and how they use it

Homeownership

67.6% owners

Renter-occupied 32.4%

Owner-occupied 67.6%

homeownership rate

Bourbon 67.6%

Marshall County 76.4%

Indiana 70.6%

Average household size

2.55

Owner-occupied

2.41

Renter-occupied

owner-occupied average size

Bourbon 2.55

Marshall County 2.68

Indiana 2.58

Housing Characteristics

Occupied unit characteristics

Tenure, crowding, and utilities

	Bourbon	Marshall County	Indiana
Total occupied units	703	17,758	2,716,009
Year moved in
2020 or later	22.5%	19.2%	23.9%
2010 to 2019	39.4%	36.8%	39.6%
2000 to 2009	12.7%	16.8%	16.3%
1999 or earlier	25.5%	27.2%	20.2%
Occupants per room
1.00 or fewer	98.4%	98.2%	98.2%
1.01 to 1.50	1.6%	1.1%	1.3%
1.51 or more	0%	0.7%	0.6%
Vehicles availability
No vehicles	4.1%	6.6%	6.2%
1 vehicle	34.6%	27.9%	32%
2 vehicles	34%	37.3%	38.2%
3 or more vehicles	27.3%	28.2%	23.6%
House heating fuel used
Gas	79.5%	81.5%	65.8%
Electricity	19.5%	12.4%	31.2%
Solar	0%	0%	0.1%
Fuel oil, kerosene etc	0%	0.5%	0.5%
All other fuels	1%	5%	2%
No fuel used	0%	0.6%	0.5%
Selected characteristics
Lacking complete plumbing	0%	0.1%	0.4%
Lacking complete kitchen	0%	0.5%	0.8%
No telephone service available	1%	2.1%	0.9%

Housing Value

What owner-occupied units are worth

Median home value

$164,400

owner-occupied units

Median value(USD)

Bourbon

$164,400

Marshall County

$204,900

Indiana

$218,200

Housing Cost Burden

14.8%

of homeowners with a mortgage are cost-burdened

% Cost-Burdened Households

Owners with a mortgage

14.8%

Owners without a mortgage

7.6%

Renters

38.6%

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

	Bourbon	Marshall County	Indiana
Property value
Median Value	$164,400	$204,900	$218,200
Under $100,000	17.2%	14.9%	16.1%
$100,000 - $200,000	52.3%	33.5%	28.5%
$200,000 - $300,000	25.5%	26%	25.1%
$300,000 - $500,000	5.1%	19.1%	21.8%
$500,000 - $1,000,000	0%	5.5%	7.3%
$1,000,000 and more	0%	1%	1.2%
Owner-occupied households
With a mortgage	57.9%	57.5%	63.6%
Without a mortgage	42.1%	42.5%	36.4%
Median monthly owner costs
With a mortgage	$1,255	$1,312	$1,404
Without a mortgage	$587	$511	$517
Gross rent
Median rent	$891	$938	$1,062

Education Profile

How educated is the community and how education pays off

Adults with a college degree

24.7%

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

Bourbon 24.7%

Marshall County 20.9%

Indiana 29.5%

Adults without a high school diploma

5.6%

of adults (25+) without a high school diploma

Bourbon 5.6%

Marshall County 14.5%

Indiana 9.6%

School Enrollment

Who is enrolled in school and at what level

School enrollment

511

population (age 3+) enrolled in school

Nursery / Preschool

5.5%

K–12

84%

College / Undergraduate

9.8%

Graduate / Professional

0.8%

College-going rate (18-24 yr olds)

29.6%

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

Bourbon

29.6%

Marshall County

20%

Indiana

37.8%

Enrollment & school type

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

Population 3+ currently enrolled in a school

	Bourbon	Marshall County	Indiana
Total enrolled (age 3+)	511	10,745	1,654,330
Nursery / preschool	5.5%	6.3%	5.8%
K–12	84%	77.5%	70.1%
Kindergarten	7.4%	3.8%	5.2%
Elementary: Grades 1–4	23.7%	23.9%	20.9%
Elementary: Grades 5–8	21.3%	23.8%	21.8%
High School: Grades 9–12	31.5%	26%	22.1%
College or graduate school	10.6%	16.2%	24.1%
College, undergraduate	9.8%	14.4%	19%
Graduate, professional school	0.8%	1.8%	5.1%
College-going rate · 18-24 yr olds	29.6%	20%	37.8%
School type
Public school	93.7%	80.5%	81.6%
Private school	6.3%	19.5%	18.4%

Education Attainment by Level & Gender

What is the highest level of education completed among adults

Education attainment

1,066

population 25 years and over

Total adults (25+)

Less than 9th grade

0.7%

9th-12th, no diploma

4.9%

HS graduate

35.8%

Some college no degree

23.9%

Associates degree

10%

Bachelors degree

21.8%

Graduate or professional degree

2.9%

Attainment by gender

Male vs Female

Adults (25+) · Share within each education level

% male · % female

Less than 9th grade

42.9% · 57.1%

9th-12th, no diploma

36.5% · 63.5%

HS graduate

50.3% · 49.7%

Some college no degree

53.3% · 46.7%

Associates degree

43.9% · 56.1%

Bachelors degree

33.6% · 66.4%

Graduate or professional degree

48.4% · 51.6%

Educational Attainment Overview

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

Highest credential completed · adults 25+

	Bourbon	Marshall County	Indiana
Population (25+)	1,066	31,055	4,596,004
Less than 9th grade	0.7%	6.8%	3.6%
9th–12th, no diploma	4.9%	7.7%	6%
High school diploma or GED	35.8%	37.1%	32.5%
Some college, no degree	23.9%	18.2%	19.3%
Associate's degree	10%	9.3%	9.1%
Bachelor's degree or higher	24.7%	20.9%	29.5%
Bachelor's degree	21.8%	13.9%	18.7%
Graduate or professional	2.9%	7%	10.8%
High School or higher	94.5%	85.4%	90.4%

Earnings by education level

percentage as applicable

Median Earnings

$53,485

Median earnings for adults 25+, by level

Less than HS graduate

$12,500

HS graduate

$47,440

Some college or associates

$52,212

Bachelors degree

$56,156

Graduate or professional degree

$—

Poverty Rate

7.6%

for ages 25+, with bachelors degree or higher

Less than HS graduate

30.5%

HS graduate

4.7%

Some college or associates

10.8%

Bachelors degree or higher

7.6%

Outcomes by Education Level

Earnings and poverty rates across education levels (25+)

Adults 25+

	Bourbon	Marshall County	Indiana
Median earnings
Population 25+, with earnings	$53,485	$47,697	$49,693
Less than high school graduate	$12,500	$41,264	$34,287
High school graduate (includes equivalency)	$47,440	$44,405	$40,411
Some college or associate's degree	$52,212	$47,118	$47,119
Bachelor's degree	$56,156	$55,596	$62,429
Graduate or professional degree	$—	$65,847	$79,544
Poverty rates
Less than high school graduate	30.5%	15.9%	23.6%
High school graduate (includes equivalency)	4.7%	11%	12.6%
Some college or associate's degree	10.8%	9.2%	9%
Bachelor's degree or higher	7.6%	6.2%	4%

Insights for Bourbon, 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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