Area type of a place is calculated based on population density, home ownership, and proximity to various amenties
Russell Township, IN
Affordable
For Buying Home
About Russell Township
Russell is a suburb in the Indianapolis Metro Area and in the Putnam County. It has a population of 726 and a population density of 23, which is 75% below the national average. It has a median age of 30, which is 6 years below the Indianapolis Metro median age and 8 years below the national average.
Russell has a median home value of $188,000, which is 30% below the Metro average.The average rent of $1,434 is 4% below the metro average rent and 26% above the national average rent, making it one of the most affordable places to live in Indianapolis. The average household income in Russell is $51,406 , which is 19% below the Metro average household income and 21% below the national average of household income.
The average school rating in Russell is 6..
See all Indianapolis suburbs
See all Indianapolis cities
Russell Township Zip Code
Looking to buy a home? We provide free neighborhood recommendations, backed by our data. Booked a free consultation today !

Demographics
Russell Township's population is made up of 65% married, 20% single, 11% divorced and 4% widowed. Millennials make up the largest percentage of the population at 20%, while Baby Boomers have the second largest segment at 20%. Homeowners make up 75% of the population in Russell Township.
- 45% Male
- 55% Female
Employment
The Per Capita income in Russell Township is $21,081. The Median Household Income is $51,406 and the Russell Township Unemployment Rate is 1%.