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Cost of Living in Crown Point, IN

Population 34,393 · Census ACS 2020–2024 5-year estimates

Median rent$1,485
Median home value$294,800
Median household income$101,686

The median rent in Crown Point, IN is $1,485/month, 40% higher than the Indiana median and 5% higher than the U.S. median. The median home value is $294,800, 11% lower than the national median. Households earn a median of $101,686 a year, 41% higher than the state median.

Affordability

Rent as a share of median income: 17.5%
Income needed for median rent (30% rule): $59,400/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,491/mo

Run your own numbers: mortgage calculator · hourly to salary

Crown Point vs. Indiana vs. U.S.

Crown PointIndianaU.S.
Median rent$1,485$1,062$1,413
Median home value$294,800$218,200$332,700
Median household income$101,686$71,957$80,734
Homeownership rate85.5%70.6%65.2%
Bachelor's degree or higher34.6%29.5%35.7%
Poverty rate6.8%12.3%12.5%
Unemployment rate2.8%4.3%5.2%
Work from home10.7%10.7%15.1%
Median age39.838.138.9

FAQ

What is the average rent in Crown Point, IN?

The median gross rent in Crown Point, IN is $1,485 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Crown Point, IN?

Using the common 30% rule, renting a median-priced home takes about $59,400 a year in gross income.

Is Crown Point, IN expensive to live in?

Rent there is 5% higher than the U.S. median, and the median home costs about 2.9 times the median household income.

Other cities in Indiana

Indianapolis city, INRent $1,156 · Income $66,219Fort Wayne, INRent $999 · Income $61,422Evansville, INRent $975 · Income $53,387South Bend, INRent $1,033 · Income $55,786Fishers, INRent $1,611 · Income $130,203Carmel, INRent $1,712 · Income $141,505

Cities with a similar cost of living

Mount Prospect, ILRent $1,502 · Income $101,720Woodridge, ILRent $1,494 · Income $101,000Inver Grove Heights, MNRent $1,465 · Income $101,316Anchorage, AKRent $1,489 · Income $103,284Juneau, AKRent $1,444 · Income $101,661West Chicago, ILRent $1,469 · Income $99,927

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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