Median Income
$55,125
household / year
Median Home Value
$94,500
owner-occupied
Median Rent
$935
gross / month
Cost of Living
88
national avg = 100

Is Riley, IN a Good Place to Live?

Riley is a small town of 511 in Indiana, with a median household income of $55,125 and a 19.2% unemployment rate. Its cost of living index is 88 (US average = 100), which is 12% below the national average.

Strengths: Riley stands out for an affordable cost of living, below-average home prices, solid school ratings (B-), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Riley is right for you depends on your priorities — the full breakdown is below.

All Riley 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: 88.2

Riley's overall cost of living index is 88.2, where 100 represents the US national average. Living in Riley costs roughly 12% less than the average American city.

Metric Riley, IN National Avg
Median Home Value $94,500 $244,900
Median Monthly Rent $935 $1,163
Homeownership Rate 71.7% 65.9%
Median Household Income $55,125 $74,755

Crime & Safety

Near National Average

Riley's violent crime rate is 389.6 per 100,000 residents — 3% higher than the national average of ~380 per 100,000.

Violent Crime
389.6 /100k
Property Crime
2516.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Riley is served primarily by Vigo County School Corp. The student-to-teacher ratio is 13.2:1 (better than the national average of ~16:1).

Metric Riley, IN National Avg
School District Vigo County School Corp —
Elementary Schools 16 —
Middle Schools 5 —
High Schools 4 —
Student/Teacher Ratio 13.2:1 16:1
Bachelor's Degree or Higher 12.4% 35.4%
High School Diploma or Higher 94.4% 91.1%

Weather & Climate

Riley sees average highs of 37.5°F in January and 85.6°F in July, with 41.8 inches of annual precipitation and 15.1 inches of snow per year.

MetricRiley, IN
Average High — January37.5°F
Average High — July85.6°F
Annual Precipitation41.8"
Annual Snowfall15.1"

Demographics

MetricRiley, INNational Avg
Population511—
Median Age40.538.9
Unemployment Rate19.2%3.7%
Avg Commute Time20.2 min26 min
White (non-Hispanic)97.7%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1828.8%22.2%
65 and over18.8%16.8%

Nearby Cities

ZIP Codes in Riley

Riley, IN is covered by 1 ZIP code:

Riley vs Other Cities

Frequently Asked Questions

Riley's cost of living index is 88, where 100 is the national average. That makes Riley roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $94,500 and median rent is $935/month.
Riley's violent crime rate is 389.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2516.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Riley are operated by Vigo County School Corp. The district has 16 elementary, 5 middle, and 4 high schools. The student-to-teacher ratio is 13.2:1. 12.4% of adults 25+ hold a bachelor's degree or higher.
Riley, IN has a population of 511, a median household income of $55,125, and an unemployment rate of 19.2%. 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.
Riley averages 37.5°F in January and 85.6°F in July. Annual rainfall is 41.8 inches with about 15.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Riley, IN is covered by 1 ZIP code: 47871.
The population of Riley, Indiana is 511 with a median age of 40.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Riley: cost of living index 88 (100 = US average), median home $94,500, median household income $55,125, crime index 109 (100 = US average, lower is safer), schools rated B-. Whether these are benefits or drawbacks depends on where you're coming from — compare Riley side by side with your current city to see the trade-offs.