A small town located in Indiana, Arcadia has slightly more than 1,000 residents. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (18%) here than they do nationally (14%), while young adults account for a smaller percentage of the town. Renters tend to be in the minority in Arcadia, and 82% of residents own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $693 per month. Over the course of a year, renters in Arcadia will save around $1,600 compared to the state average.
With an average commute time of about 33 minutes, longer than most cities in the state, Arcadia residents find that it takes some patience traveling to work. Many residents (41%) commute to work by car, while public transit is not used. Not many residents commute to work on foot.
Many Arcadia residents work in one of three industries: retail, entertainment, and healthcare. Together, these industries account for 18% of the town's labor force. Meanwhile, in terms of job function, many of the town's workers are in sales, making it the top profession in the town. With an average annual income of around $54,000, Arcadia workers take home less than the average Indiana resident. Arcadia's average income also falls below the national average ($73,345). Compared to the national average, Arcadia has a large percentage of residents older than 25 who possess a high school degree or GED (30%). Additionally, 6% have earned a Bachelor's degree and 2% possess a Master's or Doctoral degree.
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