Everything You Should Know Before Moving to Reo, IN
Thinking of moving to REO, IN? This quiet community of 640 residents features affordable living with a median home price of $162,000 and average rent around $820. Enjoy a peaceful rural lifestyle with low violent crime (56 per 100K), short average commutes of 25 minutes, and solid public schools. With 58% sunny days per year and a friendly, close-knit atmosphere, REO is an inviting spot for those seeking small-town charm and comfort.
Demographics - REO, IN
REO, Indiana is a small and close-knit community of 640 residents, predominantly White with a median age of 42.8 years. The city features a balanced gender ratio and a low percentage of non-English speakers, contributing to its friendly, familiar atmosphere.
Population:
640
Density:
75 per sq mi
Median Age:
42.8
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
2.3%
Ethnic Composition
White:
96.1%
Black:
0.5%
Asian:
0.4%
Others:
3.0%
Cost Of Living
What is the average cost of living in Reo, IN?
Living in REO is highly affordable, with a cost of living index well below the national average and a median home value of $162,000. Residents enjoy reasonable rent and utility costs, making it an attractive option for budget-conscious families and individuals.
Median House Value:
$162,000
Gross Rent:
$820
Monthly Electricity Charges:
$120
Auto Insurance:
$1,120
House Owner Cost With Mortgage:
$1,020
House Owner Cost Without Mortgage:
$390
State Taxes:
Low:
3.23%
|
High:
3.23%
Cost Of Living Index:
82.5
Grocery:
88.0
Housing:
70.5
Utilities:
92.3
Transportation:
85.0
Health Care:
90.1
Miscellaneous:
89.4
Crime
Is Reo, IN a safe place to live?
REO boasts a notably low violent crime rate of just 56 incidents per 100,000 people, offering peace of mind to residents. Property crime is also relatively infrequent, making this community a safe place to live and raise a family.
Violent Crimes Per 100k:
56
Property Crimes Per 100k:
690
Crime Index:
746
Chance Of Violent Crime:
1 in 1,786
Chance Of Property Crime:
1 in 145
Weather
What is the weather like in Reo, IN year-round?
REO experiences all four seasons, with warm summers reaching up to 87°F and chilly winters dipping to the low 20s. The city receives about 44 inches of rainfall annually and enjoys sunshine 58% of the year, making it pleasant for outdoor activities.
Winter
Min:
23°F
Max:
38°F
Spring
Min:
46°F
Max:
67°F
Summer
Min:
66°F
Max:
87°F
Fall
Min:
48°F
Max:
69°F
Average Rainfall Inches:
44.3 inches
Sunny Days Percentage:
58%
Neighbors
Households in REO typically earn around $61,300, and the community enjoys a low unemployment rate of 4.2%. Most residents have completed high school, and commutes average about 25 minutes, reflecting the town’s laid-back, rural nature.
Median Income:
$32,800
Household Income:
$61,300
Family Income:
$68,400
Per Capita Income:
$28,700
Income Male:
$38,000
Income Female:
$31,900
Poverty Rate:
9.2%
Non English Speakers:
2.3%
Rent:
$820
Unemployment Rate:
4.2%
Public Transport Usage:
0.7%
Commute Time:
24.6 minutes
Education
High School or Higher:
91.4%
Bachelors or More:
17.8%
Education
How are the schools in Reo, IN?
REO is served by well-rated public schools, including South Spencer High and Middle Schools, which offer low student-to-teacher ratios. Private and parochial school options are available nearby, and higher education is within reach at the University of Southern Indiana and Oakland City University, both less than 30 miles away.
Public Schools
Name:
South Spencer High School
Street:
1142 N Orchard Rd
Phone:
812-649-9157
Students:
430
Student Teacher Ratio:
13.7
Name:
South Spencer Middle School
Street:
1298 N Orchard Rd
Phone:
812-649-2591
Students:
310
Student Teacher Ratio:
14.2
Private Schools
Name:
St. Bernard Catholic School
Street:
547 Elm St, Rockport
Phone:
812-649-2501
Students:
110
Colleges
Name:
University of Southern Indiana
City:
Evansville
State:
IN
Distance:
28 miles
Students:
10,200
Name:
Oakland City University
City:
Oakland City
State:
IN
Distance:
24 miles
Students:
2,350
Healthcare
Residents have access to quality healthcare, with two major hospitals located nearby and nearly 90% of the population covered by health insurance. The area maintains a solid healthcare index and a ratio of 1.8 physicians per 1,000 residents.
Major Hospitals
Name:
Deaconess Gibson Hospital
Address:
1808 Sherman Dr, Princeton, IN 47670
Phone:
(812) 385-3401
Type:
General & Surgical
Emergency Services:
Yes
Name:
Deaconess Midtown Hospital
Address:
600 Mary St, Evansville, IN 47710
Phone:
(812) 450-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.8
Health Insurance Coverage:
89.6%
Health Care Index:
78.2
Housing Market
What is the housing market like in Reo, IN?
REO's housing market is stable and accessible, with a median home price of $162,000 and most homes owner-occupied. The rental market is healthy, offering average rents of $820 for a two-bedroom, and home values have appreciated at a modest rate of 3.9% over the past year.
Median Home Price:
$162,000
Average Rent For 2 Bedroom:
$820
Owner Occupied Rate:
81.6%
Rental Vacancy Rate:
6.1%
Home Appreciation Rate (1yr):
3.9%
New Construction Rate:
0.8%
Foreclosure Rate:
0.4%
DMV Information
Vehicle and licensing services in REO are managed by the Indiana Bureau of Motor Vehicles, with resources available online and through their Indianapolis headquarters. Residents can easily access up-to-date information for registration, licensing, and other DMV needs.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
100 North Senate Avenue, Indianapolis, IN 46204
Phone:
1-888-692-6841
Website:
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.