Median Age
40 Years
Largest Age Group
25-34 Years
Approximately 14% of Residents
Under 20
23%
Over 65
20%
Avg Rent
$1,097
Population
17,020
Renter Mix
35% Rent
Situated midway between Indianapolis and Lafayette, Lebanon provides residents with the charm and community of a small town within minutes of a wide variety of big-city amenities. Founded in 1832, Lebanon contains an inviting downtown area along Main Street, filled with unique shops, restaurants, and offices in historic buildings. The seat of Boone County, Lebanon is home to the Boone County Courthouse, which is known for having the largest single-piece limestone pillars in the world.
Outdoor recreation is abundant in Lebanon, with a host of great parks and trails in town. Lebanon also boasts high-performing schools and fun, family-oriented community events in addition to regular performances by the Lebanon Ballet and the Center Stage Community Theatre. Commuting and traveling from Lebanon is simple with access to I-65 and U.S. 52 as well as the Indianapolis International Airport.
Median Household Income
$66,376
Average: $80,794
Education
4,032
Residents Have a Degree
Job Market
9,415
Workers Employed
Median Age
40 Years
Largest Age Group
25-34 Years
Approximately 14% of Residents
Under 20
23%
Over 65
20%
Housing Distribution
Lebanon has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Lebanon, IN is $1,316 for a studio, $1,060 for one bedroom, $1,230 for two bedrooms, and $1,547 for three bedrooms. Apartment rent in Lebanon has increased by 4.9% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Lebanon, IN is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-5
337 Students
Public
Grades K-5
430 Students
Hattie B Stokes Elementary School
Public
Grades K-5
381 Students
Public
Grades PK-5
504 Students
Public
Grades 6-8
807 Students
Public
Grades 9-12
1,027 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.