States · Indiana · Marshall County

Bourbon, Indiana.

Typical home $254,769 (+9.9% in a year). Plymouth, IN metro.

What it costs per month · Bourbon $1,337/mo

to buy the typical home at today's mortgage rate — +$794 (+146%) since Jan 2020.

What the home itself did
1 year
Up $22,963 +10%
$231,807$254,769 since Sep 2025
5 years
Up $66,270 +35%
$188,500$254,769 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Bourbon $1,337 Indiana $1,350 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Bourbon$1,337
  • Indiana$1,350
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 12 years.

Typical home values in Bourbon, IN rose 9.9% over the past year — faster than the nation's +1.2%.

Living in Bourbon, Marshall County, Indiana

Bourbon is a town of 1,698 people in Marshall County. Half its households earn more than $73,510 a year and half less, against $71,808 across Marshall County; 11% of its people live below the poverty line. 68% of its homes are lived in by their owners and 32% are rented. Unemployment in Marshall County was 3.2% in August 2026, and the county had 0.5% more jobs in 2025 than the year before. The most residents work in manufacturing, then schools and health care.

People 1,698 in the 2020 census; median age 34.6
Household income $73,510 the median, give or take $15,148 · Marshall County: $71,808
Unemployment 3.2% Marshall County, August 2026; 3.7% a year before
Homes 68% lived in by their owners; 32% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Bourbon is a small town in Marshall County, Indiana, with a population that skews younger than many small towns. Most homes are lived in by their owners, and household incomes run a little above the county's. Winters are cold and snowy, with January the coldest month, while summers are warm and the year brings a fair amount of rain and melted snow.

Work. Residents work mainly in manufacturing, in schools, hospitals and social care, and in restaurants, hotels and entertainment. Among the largest workplaces in Bourbon are Triton School, UPS and Shells, a foundry and manufacturing business. Unemployment across Marshall County is a little lower than a year earlier, and the county has added a small number of jobs.

Things to do. Potawatomi Wildlife Park, a protected area, is a short drive away. Farther afield are lakes such as Lake Maxinkuckee and Lake of the Wood, and Potato Creek State Park, all a longer drive away. Notre Dame Stadium is also a longer drive, for those who like a game day out.

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  • 703households
  • 25%of adults have a degree
  • 11%below the poverty line
  • 21 mintypical commute
  • 7%work from home

What residents work in

  • Manufacturing35%
  • Schools, hospitals and social care28%
  • Restaurants, hotels and entertainment10%
  • Other services6%
  • Shops (retail)4%
  • Transport, warehouses and utilities4%

Employed residents by industry, from the Census survey. Marshall County had 19,640 jobs in 2025, 0.5% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 31° and 17°; warmest in July, 84° and 63° 20° 40° 60° 80° J 31° 17° F M A M J J 84° 63° A S O N D
Average daily high and low for each month: coldest in January, 31° and 17°; warmest in July, 84° and 63° 20° 40° 60° 80° J 31° 17° F M A M J J 84° 63° A S O N D

Coldest in January, with highs near 31° and lows near 17°; warmest in July, with highs near 84° and lows near 63°. About 55 inches of snow and 40 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Plymouth weather station, 12 miles away (NOAA).

Largest workplaces in Bourbon

  1. Triton School CorporationSchool district123FTE
  2. UPSCouriers and express delivery services57
  3. ShellsCores, sand foundry, manufacturing33

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 2 workplaces with 20 or more staff, 90 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. LightningRelatively high
  2. Cold wavesRelatively high
  3. DroughtRelatively moderate
  4. HailRelatively moderate
  5. Strong windRelatively moderate
  6. TornadoesRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Bourbon’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Marshall County and the Plymouth, IN metro.

Bourbon home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 Bourbon $254,769 Indiana $257,165 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • Bourbon$254,769
  • Indiana$257,165
  • United States$366,157
Property tax, 2026 roll $1,316/yr median bill inside Bourbon, effective 0.56% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

5 6 7 8 2026 Bourbon 8
5 6 7 8 2026
  • Bourbon8

New listings per month

Sellers arriving at the market.

Not enough data to draw this yet.

Zip codes with a Bourbon address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Bourbon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Bourbon