Housing data for Cloverdale Township, IN

Cloverdale Township, IN has an estimated 3,995 residents and 1,884 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Putnam County.

24.4% of households rent.

The median gross rent is $751 a month.

Its population grew measurably since 2015–2019 (+2.8%).

Figures last updated on .

Residents
3,995 (±20)
Housing units
1,884 (±162)
Households that rent
24.4%
Median gross rent
$751
Residents since 2015–2019
+2.8%

What stands out in Cloverdale Township

Median home value: $168,000 (±$14,588) in Cloverdale Township, lower than in Putnam County ($218,900).

Median gross rent: $751 (±$104) in Cloverdale Township, lower than in Putnam County ($884).

Median household income: $66,277 (±$9,460) in Cloverdale Township, lower than in Putnam County ($78,378).

Median real estate taxes: $883 (±$138) in Cloverdale Township, lower than in Putnam County ($1,042).

Housing in Cloverdale Township at a glance

Cloverdale Township against Putnam County, its state and the nation

Estimate (90% margin of error)
Cloverdale TownshipPutnam CountyIndianaUnited States
Residents3,995 (±20)37,280 (exact)6,851,073 (exact)334,922,499
Housing units1,884 (±162)15,268 (±89)2,976,568 (±617)143,775,355
Households that rent24.4% (±7.1 points)24.6% (±2.7 points)29.4% (±0.3 points)34.8%
Median gross rent$751 (±$104)$884 (±$41)$1,062 (±$5)$1,413
Median household income$66,277 (±$9,460)$78,378 (±$6,390)$71,957 (±$352)$80,734
Median home value$168,000 (±$14,588)$218,900 (±$9,627)$218,200 (±$739)$332,700
Median real estate taxes (a year)$883 (±$138)$1,042 (±$68)$1,614 (±$9)$3,119
Built before 198047.4% (±10.7 points)49.1% (±3.6 points)55.0% (±0.3 points)49.7%
Average commute27.7 minutes (±4.4)27.5 minutes (±1.3)24.1 minutes (±0.1)26.4 minutes
Households with broadband86.9% (±5.1 points)88.7% (±1.9 points)89.9% (±0.2 points)91.0%
Median age of residents52.3 years (±4.1)38.4 years (±0.4)38.1 years (±0.2)38.9 years

Cloverdale Township covers 45.7 square miles of land, about 87 residents per square mile (Census Bureau Gazetteer).

How Cloverdale Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents3,888 (±18)3,995 (±20)+2.8%Measurable increase
Housing units1,653 (±144)1,884 (±162)+14.0%Measurable increase
Median gross rent$773 (±$161)$751 (±$104)−2.8%No measurable change after inflation
Median home value$134,400 (±$13,334)$168,000 (±$14,588)+25.0%No measurable change after inflation
Median household income$60,529 (±$7,498)$66,277 (±$9,460)+9.5%No measurable change after inflation
Median owner cost with a mortgage$1,114 (±$141)$1,276 (±$119)+14.5%No measurable change after inflation
Median real estate taxes$867 (±$150)$883 (±$138)+1.8%No measurable change after inflation
Households that rent34.1% (±7.8 points)24.4% (±7.1 points)−9.7 percentage pointsNot a measurable change
Rental vacancy rate6.6% (±6.4 points)0.0% (±8.2 points)−6.6 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

ZIP codes in Cloverdale Township

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
4612046%5,947$825$171,400$59,970
4745614%1,455$958$179,400$69,896

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Cloverdale Township

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Cloverdale2.0 mi$743$136,50038.9%
Jennings Township (Owen County)4.1 mi—$190,50017.3%
Taylor Township (Owen County)4.6 mi—$190,5002.0%
Warren Township (Putnam County)5.5 mi—$262,5004.8%
Jackson Township (Owen County)6.6 mi$954$141,70031.0%
Jefferson Township (Putnam County)6.7 mi$862$232,20032.0%
Putnamville7.2 mi——1.9%
Harrison Township (Owen County)8.1 mi$525$136,20028.6%

Places in Indiana most like Cloverdale Township

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Franklin Township (DeKalb County)$739$185,100$68,50021.2%
Roanoke$817$185,200$71,48824.9%
Johnson Township (Ripley County)$736$211,600$71,20429.1%
Franklin Township (Ripley County)$744$203,800$67,08321.4%
Allen Township (Noble County)$766$170,300$78,35919.1%
Washington Township (Adams County)$748$145,000$61,37120.3%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.

HUD Fair Market Rent for Cloverdale Township, fiscal year 2027

Putnam County, IN, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$790$905$1,056$1,462$1,742

HUD income limits for Cloverdale Township, fiscal year 2026

Putnam County, IN, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$19,650$32,750$52,400
2 people$22,450$37,400$59,850
3 people$27,320$42,100$67,350
4 people$33,000$46,750$74,800
5 people$38,680$50,500$80,800
6 people$44,360$54,250$86,800
7 people$50,040$58,000$92,800
8 people$55,720$61,750$98,750

These are the limits HUD sets for its housing programs in the Putnam County, IN, where HUD’s median family income for fiscal year 2026 is $93,500.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cloverdale Township

What is the average rent in Cloverdale Township, IN?

The Census Bureau publishes the median rather than the average: the median gross rent in Cloverdale Township is $751 (±$104) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Cloverdale Township?

The median gross rent for a one-bedroom home in Cloverdale Township, IN is $660 (±$55) a month (2020–2024 American Community Survey).

Are renters in Cloverdale Township rent-burdened?

55.5% of renting households in Cloverdale Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Cloverdale Township?

Cloverdale Township has an estimated 438 (±139) renting households, 24.4% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Cloverdale Township?

The median household income in Cloverdale Township is $66,277 (±$9,460) a year (2020–2024 American Community Survey).

What is the average home value in Cloverdale Township, IN?

The Census Bureau publishes the median: $168,000 (±$14,588) for owner-occupied homes in Cloverdale Township (2020–2024 American Community Survey).

Is Cloverdale Township growing?

In Cloverdale Township, the number of residents went from 3,888 in 2015–2019 to 3,995 in 2020–2024 (+2.8%), a measurable increase.

What ZIP codes are in Cloverdale Township?

The ZIP codes that cover Cloverdale Township are 46120, 47456.

What is the median rent in ZIP code 46120?

The median gross rent in ZIP Code Tabulation Area 46120 is $825 (±$36) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cloverdale township, Putnam County, Indiana (county subdivision:13870, in state:18 county:133).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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