The small town of Rensselaer, Indiana is home to slightly less than 6,000 residents. The town's residents, with an average age of just over 38, skew younger than most cities in Indiana. Most residents own their homes in Rensselaer, and 41% of residents rent. With a relatively low average rent of $680/month in the town, renting remains an affordable option, particularly compared to other cities in Indiana. Over the course of a year, renters in Rensselaer will save around $1,800 compared to the state average.
There are four primary industries in Rensselaer: manufacturing, retail, education, and healthcare. Together, these industries make up 28% of the town's labor force. Meanwhile, in terms of job function, 9% of residents work in transportation, which ranks as the top career path in the town. With an average annual income of just over $57K, Rensselaer workers earn a little less than their peers elsewhere in the state. Rensselaer's average income also falls below the national average ($73,345). Rensselaer has a relatively large number of residents older than 25 who have a high school degree or GED (23%) compared to the national average. Furthermore, 8% have a Bachelor's degree and 3% possess a Master's degree or Doctorate.
With an average commute time of about 20 minutes, faster than most cities in the state, Rensselaer residents are well aware that getting to work isn't overly time-consuming. Many residents (46%) commute to work by car or truck, while public transit is not used much. Walking isn't a common way to get to work.
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