Vital Facts: Redkey

The labor pool participation rate in Redkey is 63.2%, with an unemployment rate of 6.1%. For those of you when you look at the work force, the common commute time is 19.8 minutes. 2.3% of Redkey’s community have a masters degree, and 6.5% have a bachelors degree. Among the people without a college degree, 30.9% have some college, 45.2% have a high school diploma, and just 15% have an education lower than senior high school. 8.9% are not included in medical insurance.

The average family size in Redkey, IN is 2.6 family members members, with 69.5% being the owner of their very own dwellings. The mean home cost is $53424. For those leasing, they pay out an average of $583 monthly. 39.4% of homes have dual incomes, and an average household income of $34046. Average income is $21634. 21.2% of town residents are living at or below the poverty line, and 28% are disabled. 2.7% of residents of the town are former members for the armed forces.

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