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The total population of Valparaiso is estimated to be 33,991 with 16,047 males (47.21%) and 17,944 females (52.79%). There are 1,897 more females than males in Valparaiso.
The median household income in Valparaiso was $61,034 in 2021, which marked an a decrease of 2,452(3.86%) from $63,486 in 2020. This income is 81.81% 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, Valparaiso sees its highest median household income among householders in the age group of 45 to 64 years old, at $84,978. Overall, the median household income for the city of Valparaiso stands at $61,034.
In Valparaiso, the median income for all workers aged 15 years and older, regardless of work hours, was $47,181 for males and $25,078 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $71,855 for males and $43,490 for females.
In Valparaiso, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $68,447, followed by White households at $62,375, and Some Other Race households with a median household income of $57,891.
In 2022, the population of Valparaiso was 34,565, a 0.27% increase year-by-year from 2021. Previously, in 2021, Valparaiso's population was 34,471, an increase of 0.92% compared to a population of 34,156 in 2020.
The median age in Valparaiso, IN is 36.5, as per 2021 ACS 5-Year Estimates. Of the total population, 15.14% were under the age of 15, 25.41% aged 15 to 29, 42.13% aged 30 to 64, 14.29% aged 65 to 84, and 3.03% were 85 years of age and older.
Racial distribution of Valparaiso population: 86.29% are White, 4.24% are Black or African American, 0.21% are American Indian and Alaska Native, 2.89% are Asian, 1.06% are some other race and 5.32% are multiracial.