Haubstadt has several schools, including Haubstadt Community School (or HCS), Saints Peter and Paul (or Sts. P&P), and Saint James.
As of the census of 2000, there were 1,529 people, 613 households, and 424 families residing in the town. The population density was 2,232.1 people per square mile (855.6/km²). There were 640 housing units at an average density of 934.3/sq mi (358.1/km²). The racial makeup of the town was 99.67% White, 0.07% African American, 0.07% Asian, 0.07% from other races, and 0.13% from two or more races. Hispanic or Latino of any race were 0.13% of the population.
There were 613 households out of which 34.6% had children under the age of 18 living with them, 59.7% were married couples living together, 7.5% had a female householder with no husband present, and 30.7% were non-families. 28.7% of all households were made up of individuals and 12.9% had someone living alone who was 65 years of age or older. The average household size was 2.48 and the average family size was 3.08.
In the town the population was spread out with 26.8% under the age of 18, 5.6% from 18 to 24, 30.3% from 25 to 44, 21.1% from 45 to 64, and 16.3% who were 65 years of age or older. The median age was 38 years. For every 100 females there were 99.1 males. For every 100 females age 18 and over, there were 95.6 males.
The median income for a household in the town was $42,837, and the median income for a family was $54,000. Males had a median income of $37,098 versus $24,750 for females. The per capita income for the town was $22,482. About 4.0% of families and 5.7% of the population were below the poverty line, including 4.3% of those under age 18 and 9.6% of those age 65 or over.
Haub built the community's first home, combining a stagecoach shop, general store, and trading post to accommodate travelers on the Noon Day Stage Coach route running to Vincennes. A dance hall was later also built above Mr. Haub's tavern and store, and the complex would later become known as The Log Inn, the areas famous restaurant. The Log Inn is officially recognized as the oldest restaurant in Indiana.