Advance is a town located in Boone County, Indiana. Advance has a 2026 population of 517. Advance is currently growing at a rate of 0.58% annually and its population has increased by 2.99% since the most recent census, which recorded a population of 502 in 2020.
The median household income in Advance is $64,500 with a poverty rate of 9.23%. The median age in Advance is 41.5 years: 36.3 years for males, and 42.4 years for females. For every 100 females there are 139.3 males.
Data after 2023 is projected based on recent change
Overall: 41.5 years
Female: 42.4 years
Male: 36.3 years
There are 296 adults, (55 of whom are seniors) in Advance.
Female: 163 (41.8%)
Male: 227 (58.2%)
The racial composition of Advance includes 97.18% White, and smaller percentages for Two or more races, other race and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 379 | 97.18% |
| Two or more races | 10 | 2.56% |
| Other race | 1 | 0.26% |
Advance 's average per capita income is $45,625. Household income levels show a median of $64,500. The poverty rate stands at 9.23%.
| Name | Median ↓ | Mean |
|---|---|---|
| Families | $88,750 | $90,350 |
| Married Families | $88,281 | - |
| Households | $64,500 | $81,042 |
| Non Families | $40,781 | $41,327 |
Average Income
Median Household Income
Poverty Rate