Counties › Indiana

Cost of Living in Clark County, IN

Population 124,354 · Census ACS 2020–2024 5-year estimates

Median rent$1,129
Median home value$222,900
Median household income$74,214

The median rent in Clark County, IN is $1,129/month, 6% higher than the Indiana median and 20% lower than the U.S. median. The median home value is $222,900, 33% lower than the national median. Households earn a median of $74,214 a year, 3% higher than the state median.

Affordability

Rent as a share of median income: 18.3%
Income needed for median rent (30% rule): $45,160/yr
Home price-to-income ratio: 3.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,127/mo

Run your own numbers: mortgage calculator · hourly to salary

Clark County vs. Indiana vs. U.S.

Clark CountyIndianaU.S.
Median rent$1,129$1,062$1,413
Median home value$222,900$218,200$332,700
Median household income$74,214$71,957$80,734
Homeownership rate74.7%70.6%65.2%
Bachelor's degree or higher27.7%29.5%35.7%
Poverty rate10.2%12.3%12.5%
Unemployment rate4.0%4.3%5.2%
Work from home12.7%10.7%15.1%
Median age39.938.138.9

FAQ

What is the average rent in Clark County, IN?

The median gross rent in Clark County, IN is $1,129 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Clark County, IN?

Using the common 30% rule, renting a median-priced home takes about $45,160 a year in gross income.

Is Clark County, IN expensive to live in?

Rent there is 20% lower than the U.S. median, and the median home costs about 3.0 times the median household income.

Other counties in Indiana

Marion County, INRent $1,153 · Income $66,346Lake County, INRent $1,131 · Income $71,493Allen County, INRent $1,021 · Income $70,737Hamilton County, INRent $1,574 · Income $121,530St. Joseph County, INRent $1,062 · Income $66,868Elkhart County, INRent $1,047 · Income $68,561

Counties with a similar cost of living

Blue Earth County, MNRent $1,123 · Income $74,477Jessamine County, KYRent $1,124 · Income $74,576Pennington County, SDRent $1,120 · Income $74,517Flathead County, MTRent $1,142 · Income $73,925Johnson County, IARent $1,122 · Income $74,935Grant County, WARent $1,116 · Income $73,267

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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