NICHOLAS INCOME FUND INC
NSAR-A, EX-27, 2000-08-29
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<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                        194328678
<INVESTMENTS-AT-VALUE>                       161115313
<RECEIVABLES>                                  4685215
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               165800528
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       153775
<TOTAL-LIABILITIES>                             153775
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     210947281
<SHARES-COMMON-STOCK>                         57626418
<SHARES-COMMON-PRIOR>                         66314898
<ACCUMULATED-NII-CURRENT>                      5256604
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (17329045)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    (33228087)
<NET-ASSETS>                                 165646753
<DIVIDEND-INCOME>                              1256588
<INTEREST-INCOME>                              8153891
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  491636
<NET-INVESTMENT-INCOME>                        8918843
<REALIZED-GAINS-CURRENT>                     (4267018)
<APPREC-INCREASE-CURRENT>                   (11033943)
<NET-CHANGE-FROM-OPS>                        (6382118)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (4403671)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        5899361
<NUMBER-OF-SHARES-REDEEMED>                   15751420
<SHARES-REINVESTED>                            1163579
<NET-CHANGE-IN-ASSETS>                      (37127915)
<ACCUMULATED-NII-PRIOR>                         741432
<ACCUMULATED-GAINS-PRIOR>                    (13062027)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           330574
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 491636
<AVERAGE-NET-ASSETS>                         171803446
<PER-SHARE-NAV-BEGIN>                             3.06
<PER-SHARE-NII>                                    .16
<PER-SHARE-GAIN-APPREC>                          (.27)
<PER-SHARE-DIVIDEND>                             (.08)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               2.87
<EXPENSE-RATIO>                                   .006



</TABLE>


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