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Redkey, IN
Thinking of moving to Redkey, IN? With a small-town population of around 1,175, Redkey offers affordable living—median home prices are just $82,500 and average rents around $720. Commutes are short at just 23 minutes, and the town enjoys low crime rates compared to national averages. Residents benefit from quiet neighborhoods, a family-friendly elementary school, and easy access to nearby healthcare and colleges. If you’re seeking a peaceful Indiana lifestyle with a low cost of living, Redkey is worth a closer look!
Redkey is a small, close-knit town with a population of 1,175 and a median age of 40, reflecting a balanced mix of working adults and families. The community is predominantly White, with a near-even gender ratio and a modest percentage of non-English speakers, fostering a friendly and familiar atmosphere.
Living in Redkey is highly affordable, with a median home value of $82,500 and average rent at $720. The cost of living index is well below the national average, making it an attractive option for anyone seeking budget-friendly housing and everyday expenses.
Redkey experiences lower crime rates than many similar towns, with only 140 violent crimes and 1,150 property crimes per 100,000 residents. Residents enjoy a sense of safety, with the chance of becoming a victim of violent crime at just 1 in 715.
Residents of Redkey experience all four seasons, with warm summers peaking at 84°F and chilly winters dipping to 19°F. The area enjoys 57% sunny days each year and nearly 40 inches of annual rainfall, providing a balanced Midwest climate.
Households in Redkey have a median income around $41,900, and most residents commute just over 23 minutes to work. The community is largely English-speaking, with a high rate of high school graduates and a strong sense of local connection.
Redkey offers quality public education through its elementary school, known for small class sizes and personalized attention. Higher education is easily accessible, with Ball State University just 27 miles away, providing opportunities for advanced learning and career growth.
Redkey residents have convenient access to IU Health Jay Hospital in nearby Portland, providing emergency and general care. With over 92% health insurance coverage and a solid physician-to-resident ratio, healthcare needs are well supported locally.
The housing market in Redkey is especially appealing for buyers, with a median home price of $82,500 and a high owner-occupancy rate of nearly 74%. Home values are stable, and rental options remain affordable, making it ideal for first-time homeowners or renters.
Vehicle services for Redkey residents are managed by the Indiana Bureau of Motor Vehicles, with extensive resources available online and in nearby offices. The central office in Indianapolis provides assistance for registrations, licenses, and other DMV needs.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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