Clarksville, IN

This town of 22,373 residents needs 303 more housing units over the next five years. Clarksville is part of the Louisville/Jefferson County KY-IN MPO.

Housing snapshot

Population
22,373 (2026)
Households
9,452
Median household income
$68,165 (2026)
Typical home value
$208,138
Owner-occupied
56%
Five-year housing need
303 units

Comparison to other Indiana municipalities

Clarksville: $68,165 Median income (2026 estimate)
<$34K >$120K
Clarksville: 1.23 jobs to household ratio
<0.06 >2.73
Clarksville: Permits since 2021 represent 3.7% of housing
<0% >18.5%
On this page

How affordable is this community?

In Clarksville, IN, the typical home price of $208,138 is below the Indiana average of $234,139. Clarksville, IN's median household income of $68,165 comfortably exceeds what is needed to afford the typical home, making this a relatively affordable market.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Clarksville, IN has a population of roughly 22,016 that has been largely stable in recent years.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Clarksville, IN has roughly 9,452 households and a population that has been largely stable in recent years.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

In Clarksville, IN, detached single-family accounts for 61% of the housing stock. Homeownership is the norm in Clarksville, IN, with 56% of units owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Clarksville, IN needs 303 new units over the next 5 years.

303
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
85
Replacement housing
Effective annual loss rate is 1.7 per 1,000 units.
13
Ownership vacancy adjustment
Owner-occupied vacancy is 1.3%. This is below the minimum stable target of 1.5%.
42
Rental vacancy adjustment
Rental vacancy is 6.4%. This is below the minimum stable target of 7.4%.
106
Overcrowding adjustment
Overcrowding rate is 4.5%. This is above National avg. of 3.4%.
57
Substandard housing adjustment
Substandard housing rate is 1.59%. This is above National avg. of 0.98%.
303
Total 5-year housing production need (2026-2031)
61
Annual production pace
Average units needed per year to meet 5-year need
3.0%
Total housing unit growth
Percent increase in housing stock over 5 years
0.6%
Annual housing unit growth
Average percent increase in housing stock per year

How does this place compare to similar communities?