Greencastle : Indiana


What It Is Like to Retire in Greencastle

Located half way between Terre Haute and Indianapolis, Greencastle, Indiana, is a town of about 10,000 residents and is the county seat of Putnam County. It is surrounded by farmland and and also offers a mix of industrial and commercial businesses, as well as being home to two colleges. DePauw University is a private national liberal arts college with an enrollment of about 2400 students, which accounts for the average age in Greencastle to be just 26. The school offers many cultural and sporting events for the community. Ivy Tech is also located here and is the nation's largest statewide community college with single accreditation. Greencastle and Putnam County has over 20 sites on the National Register of Historic Places.

Where to Retire in Greencastle and Home Prices

Zillow report Greencastle's home value was $135,200 in early 2019, and calls it a "Hot Market" at this time, with home prices rising over 9% over the last year.

What Is Special about Greencastle

Greencastle features parks, trails, a farmer's market, festivals and many community events.

What Is Not Special about Greencastle

Crime rate is above average; winters are chilly with some snow, and there have been tornados in Greencastle.

Who Will Like Retirement in Greencastle

Retirees who want to live in a small, conservative college town may enjoy living here. DePauw University offers musical performances and art exhibits, along with Division III sporting events. The town has a hospital, library, is walkable, and has low housing costs.

Local Economy Is Driven by

Education and manufacturing drive the economy.

Climate and Physical Environment

January's average temperature is 32 degrees and July's average is 74 degrees. The annual snowfall is about 23 inches.

Restaurants & Cultural Scene

There are several restaurants, and pubs here, as it is a college town. The town also has parks, a swimming pool, lighted baseball fields and tennis courts. There is also a golf course, a museum, many historical sites, and the Richard E. Peeler Art Center, located on the campus of DePauw's university.


The crime rate here is higher than the national average.

Medical Facilities

Putnam County Hospital is located in Greencastle.


The nearest International airport is in Indianapolis, about 40 miles away. Greencastle is considered a walkable community.

Valuable Links

City of Greencastle

What people are saying about Greencastle

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