The Town FilesKnightstown, Indiana
Town in Henry County · population 2,140 (2020 Census)
- Median home
- $130,000
- Household income
- $49,792
- Jan low / Jul high
- 17° / 83°
- Snow a year
- 29 in
- Tornadoes ≤10 mi since 1950
- 22
- Median age
- 36.9
Knightstown is a town of 2,140 people in Henry County, Indiana. The median home is worth $130,000, below the typical Indiana town ($150,400). It ranks more of a college town than 96% of Indiana towns, easier by car than 93% of Indiana towns, hipper than 76% of Indiana towns.
How Knightstown ranks
Percentile among Indiana towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Indiana towns.
Homes and cost of living
The median home in Knightstown is worth $130,000, below the typical Indiana town ($150,400). Homes cost about 2.6 times the median household income of $49,792, which is more affordable than 47% of Indiana towns. Median rent is $930 a month. 66.5% of households own their home.
| Housing | Knightstown | Typical Indiana town |
|---|---|---|
| Median home value | $130,000 | $150,400 |
| Median rent | $930 | $888 |
| Median household income | $49,792 | $61,953 |
| Home value ÷ income | 2.6× | 2.5× |
| Homeownership | 66.5% | 73.4% |
| Median year built | 1938 | 1966 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Knightstown
| People | Knightstown | Typical Indiana town |
|---|---|---|
| Median age | 36.9 | 38.9 |
| Age 65 and over | 15.4% | 17.1% |
| Under 18 | 27.8% | — |
| Bachelor's degree or higher | 16.5% | 17.4% |
| Below the poverty line | 22.0% | 11.6% |
| Veterans | 9.0% | — |
| Born outside the U.S. | 0.5% | — |
| Work from home | 5.1% | 6.2% |
| Average commute | 28.4 min | 24.7 min |
| Homes with broadband | 87.0% | 89.2% |
Weather in Knightstown
July highs average 83.1°F and January lows 17.1°F. About 44.4 inches of rain and melted snow fall a year, with 28.6 inches of snow (typical Indiana town: 21.1 in). Expect about 9 days a year at 90°F or hotter and 132 nights at or below freezing.
Tornadoes, storms and disasters
22 tornadoes have passed within 10 miles of Knightstown since 1950, compared with 23 for the typical Indiana town. 16 rated (E)F2 or stronger. The strongest, an F4, struck on April 3, 1974 about 5.1 miles from the town center. Tornadoes within 10 miles have caused 2 deaths and 41 injuries since 1950. The most recent was on February 20, 2014.
Hail of 1 inch or larger has been reported within 10 miles 30 times; the largest was 3.00 inches on April 3, 1974.
Severe weather in Henry County since 1996
Henry County has been included in 20 federal disaster or emergency declarations since 1953, most often for flood, tornado, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| August 25, 2026 | Flood | DR-4933: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| August 15, 2026 | Flood | EM-3651: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| January 24, 2026 | Winter Storm | EM-3641: Severe Winter Storm |
| April 3, 2020 | Biological | DR-4515: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3456: Covid-19 |
Jobs and pay in Henry County
Henry County had 13,759 jobs in 2024, paying an average of $48,142 a year. Unemployment was 3.4% in 2023; in Knightstown itself the ACS puts it at 4.3%.
Public schools in Knightstown
4 public schools with 1,136 students, about 14.2 students per teacher.
| School | Grades | Students | Per teacher |
|---|---|---|---|
| Knightstown Intermediate School | 4-8 | 376 | 14.5 |
| Knightstown Elementary School | PK-3 | 368 | 15.3 |
| Knightstown High School | 9-12 | 317 | 11.7 |
| New Castle Schools at the Hoosier Youth Challenge Academy | 9-12 | 75 | 25.0 |
Towns near Knightstown
- Carthage, IN4.6 mi · 918 people · home $89,800
- Spiceland, IN6.5 mi · 958 people · home $118,300
- Shirley, IN7.1 mi · 819 people · home $113,100
- New Castle, IN12.1 mi · 17,396 people · home $98,000
- Morristown, IN12.7 mi · 1,205 people · home $162,000
- Greenfield, IN12.8 mi · 23,488 people · home $216,400
- Rushville, IN13.0 mi · 6,208 people · home $127,300
- Dublin, IN17.3 mi · 679 people · home $97,700
Knightstown questions
Is Knightstown, Indiana a good place to retire?
On The Town Files lifestyle rankings, Knightstown scores better for retirees than 63% of Indiana towns and quieter than 27%. 15.4% of residents are 65 or older (median age 36.9).
How much does a house cost in Knightstown?
The median owner-occupied home in Knightstown is valued at $130,000 (Census ACS 2020–2024), against a median household income of $49,792, so homes cost about 2.6 times income. Median rent is $930 a month.
What is the weather like in Knightstown?
July highs average 83.1°F and January lows 17.1°F (NOAA 1991–2020 normals). It gets about 44.4 inches of precipitation a year and 28.6 inches of snow.
Does Knightstown get tornadoes?
22 tornadoes have passed within 10 miles of Knightstown since 1950 (NOAA Storm Events); the strongest was a F4 on April 3, 1974. The typical Indiana town has had 23.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)