Cannelton, Indiana Unemployment

Cannelton, Indiana has a population of 1,480, with a median household income of $36,500.

Current unemployment data for Cannelton.

8.40%

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Population

1,480

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Median Income

$36,500

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Unemployment

8.40%

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Housing Price

$95,000

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Crime Rate

28.20

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Internet Speed

200.00 Mbps

Cannelton is a small local community located in Indiana. The city has a population that is below the average city population in Indiana, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Cannelton, located in Indiana, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Cannelton has a population of 1,480, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Cannelton is $36,500, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Cannelton is about $95,000, making it relatively affordable compared to many cities in Indiana.

Employment and Safety

The unemployment rate in Cannelton is 8.40%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Cannelton are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Indiana, Cannelton shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Cannelton continues to play a role in shaping regional trends in Indiana, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Cannelton

What is the population of Cannelton?

The population of Cannelton is approximately 1,480.

Is Cannelton a good place to live?

Cannelton offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Cannelton?

The median household income in Cannelton is around $36,500.

How expensive is housing in Cannelton?

The average housing price in Cannelton is approximately $95,000.