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The total population of Advance is estimated to be 412 with 210 males (50.97%) and 202 females (49.03%). There are 8 less females than males in Advance.
The median household income in Advance was $61,252 in 2021, which marked an a decrease of 7,091(10.38%) from $68,343 in 2020. This income is 82.10% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Advance sees its highest median household income among householders in the age group of under 25 years old, at $77,015. Overall, the median household income for the town of Advance stands at $61,252.
In Advance, the median income for all workers aged 15 years and older, regardless of work hours, was $44,047 for males and $25,672 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,464 for males and $44,008 for females.
In Advance, population is primarily represented by White households, reporting a median income of $61,702.
In 2022, the population of Advance was 502, a 0.99% decrease year-by-year from 2021. Previously, in 2021, Advance's population was 507, an increase of 0.80% compared to a population of 503 in 2020.
The median age in Advance, IN is 47.1, as per 2021 ACS 5-Year Estimates. Of the total population, 15.62% were under the age of 15, 15.11% aged 15 to 29, 54.41% aged 30 to 64, 12.85% aged 65 to 84, and 2.02% were 85 years of age and older.
Racial distribution of Advance population: 98.99% are White, 0.50% are American Indian and Alaska Native and 0.50% are multiracial.