Hamlet is a small town of 773 in Indiana, with a median household income of $55,000
and a 2.2% unemployment rate.
Its cost of living index is 90 (US average = 100), which is
10% below the national average.
Strengths:
Hamlet stands out for an affordable cost of living, below-average home prices, solid school ratings (B).
Trade-offs:
No major red flags stand out in the available data. Whether Hamlet is right for you depends on your priorities — the full breakdown is below.
All Hamlet city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 90.3
Hamlet's overall cost of living index is 90.3,
where 100 represents the US national average.
Living in Hamlet costs roughly 10% less than the average American city.
Metric
Hamlet, IN
National Avg
Median Home Value
$98,500
$244,900
Median Monthly Rent
$738
$1,163
Homeownership Rate
80.2%
65.9%
Median Household Income
$55,000
$74,755
Crime & Safety
Very Safe
Hamlet's violent crime rate is 204.4 per 100,000 residents
— 46% lower than the national average of ~380 per 100,000.
Violent Crime
204.4 /100k
Property Crime
547.9 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Hamlet is served primarily by Oregon-Davis School Corp.
The student-to-teacher ratio is 11.7:1
(better than the national average of ~16:1).
Metric
Hamlet, IN
National Avg
School District
Oregon-Davis School Corp
—
Elementary Schools
1
—
Middle Schools
N/A
—
High Schools
1
—
Student/Teacher Ratio
11.7:1
16:1
Bachelor's Degree or Higher
8.6%
35.4%
High School Diploma or Higher
90.4%
91.1%
Weather & Climate
Hamlet sees average highs of 31.9°F in January
and 82.4°F in July,
with 42.2 inches of annual precipitation
and 28.5 inches of snow per year.
Hamlet's cost of living index is 90, where 100 is the national average.
That makes Hamlet roughly 10% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $98,500 and median rent is $738/month.
Hamlet's violent crime rate is 204.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 547.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Hamlet are operated by Oregon-Davis School Corp.
The district has 1 elementary, several middle, and 1 high schools.
The student-to-teacher ratio is 11.7:1. 8.6% of adults 25+ hold a bachelor's degree or higher.
Hamlet, IN has a population of 773, a median household income of $55,000, and an unemployment rate of 2.2%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Hamlet averages 31.9°F in January and 82.4°F in July. Annual rainfall is 42.2 inches
with about 28.5 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Hamlet, IN is covered by 1 ZIP code: 46532.
The population of Hamlet, Indiana is 773 with a median age of 30.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Hamlet: cost of living index 90 (100 = US average), median home $98,500, median household income $55,000, crime index 43 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Hamlet side by side with your current city to see the trade-offs.