LearnLife Financial literacy by location

Financial Literacy in Boswell, IN

With a population of roughly 811, Boswell, Indiana is the 338th-largest of 565 incorporated places in Indiana. The population has grown 1.2% since 2020, from 801 to 811. The median age is 37.4.

10.9% of Boswell residents 25 and older have completed a bachelor's degree or more. That sits 5.1 points below the Indiana average of 16%. Put the other way round: of the 450 adults 25 and over counted in the 2019–2023 ACS, roughly 401 — 89.1% — are building their financial lives without a four-year degree behind them.

The typical household here earns $49,091 a year. That is $12,270 below the Indiana median. Roughly 32.9% of residents live below the poverty line, which puts real weight on decisions about credit, rent and emergency savings. The median home is valued at $92,400, roughly 1.9× median household income.

Boswell by the numbers

MeasureValue
Population (2024)811
Change since 2020+1.2%
Median household income$49,091
Adults 25+ with a bachelor’s degree10.9%
Adults 25+ with a high school diploma83.8%
Median age37.4
Poverty rate32.9%
Unemployment rate2.1%
Median home value$92,400
Land area0.884 sq mi
Population density917 / sq mi

What Indiana teaches — and to whom

Indiana has committed to 1 semester of personal finance as a graduation requirement, phasing in with the class of 2028 — so today's middle schoolers will be the first cohort held to it. That covers students still in the system. It does nothing for the adults already out of it — which, in Boswell, is most of the people reading this.

LearnLife organises this the way the decisions actually arrive: Legal literacy — leases, contracts, employment rights and what a signature actually commits you to; Money — budgeting, credit, debt and taxes — the mechanics nobody is formally taught; Emotional regulation — the self-management that decides whether the other skills ever get used.

Where to start in Boswell

Build a buffer before anything else

With 32.9% of Boswell living below the poverty line, the single highest-return skill here is cash-flow control: knowing what actually lands each month, what leaves automatically, and how to build even a small buffer between the two. A few hundred dollars of slack is the difference between a car repair being an inconvenience and it being a payday loan.

Questions people ask about Boswell

Do high school students in Boswell, Indiana have to take a personal finance class?

Yes — Indiana has adopted a standalone requirement, phasing in with the graduating class of 2028. Students graduating before then are not covered.

How many adults in Boswell, Indiana have a college degree?

10.9% of adults 25 and older hold a bachelor's degree or higher, based on the Census Bureau's 2019–2023 American Community Survey. The remaining 89.1% are managing their finances without one.

What is the median household income in Boswell, Indiana?

$49,091, per the Census Bureau's 2019–2023 American Community Survey.

Where can adults in Boswell, Indiana learn personal finance?

Graduation requirements only ever reach people still in school. For adults, LearnLife covers the same ground on demand — money, legal literacy and the self-management that decides whether either gets used.

Start with whichever one is costing you money right now.

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Population and demographic figures: U.S. Census Bureau — 2024 Gazetteer, Vintage 2024 Population Estimates, and the American Community Survey 2019–2023 5-year estimates. Graduation-requirement status: NGPF Live U.S. Dashboard, read 2026-09-14. Figures marked as unavailable are suppressed by the Census Bureau for small populations.