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The total population of Redkey is estimated to be 1,547 with 629 males (40.66%) and 918 females (59.34%). There are 289 more females than males in Redkey.
The median household income in Redkey was $40,034 in 2021, which marked an an increase of 2,181(5.76%) from $37,853 in 2020. This income is 53.66% 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, Redkey sees its highest median household income among householders in the age group of 65 years and over old, at $45,533. Overall, the median household income for the town of Redkey stands at $40,034.
In Redkey, the median income for all workers aged 15 years and older, regardless of work hours, was $28,458 for males and $20,868 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $40,227 for males and $36,268 for females.
In Redkey, population is primarily represented by White households, reporting a median income of $40,728.
In 2022, the population of Redkey was 1,081, a 0.55% decrease year-by-year from 2021. Previously, in 2021, Redkey's population was 1,087, a decline of 1.00% compared to a population of 1,098 in 2020.
The median age in Redkey, IN is 39.5, as per 2021 ACS 5-Year Estimates. Of the total population, 23.18% were under the age of 15, 19.35% aged 15 to 29, 41.04% aged 30 to 64, 14.63% aged 65 to 84, and 1.80% were 85 years of age and older.
Racial distribution of Redkey population: 95.57% are White, 0.38% are American Indian and Alaska Native, 1.50% are Asian, 1.28% are some other race and 1.28% are multiracial.