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Cost of Living in Daviess County, IN

Population 33,658 · Census ACS 2020–2024 5-year estimates

Median rent$847
Median home value$197,200
Median household income$68,503

The median rent in Daviess County, IN is $847/month, 20% lower than the Indiana median and 40% lower than the U.S. median. The median home value is $197,200, 41% lower than the national median. Households earn a median of $68,503 a year, 5% lower than the state median.

Affordability

Rent as a share of median income: 14.8%
Income needed for median rent (30% rule): $33,880/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $997/mo

Run your own numbers: mortgage calculator · hourly to salary

Daviess County vs. Indiana vs. U.S.

Daviess CountyIndianaU.S.
Median rent$847$1,062$1,413
Median home value$197,200$218,200$332,700
Median household income$68,503$71,957$80,734
Homeownership rate72.4%70.6%65.2%
Bachelor's degree or higher16.5%29.5%35.7%
Poverty rate11.7%12.3%12.5%
Unemployment rate1.5%4.3%5.2%
Work from home5.6%10.7%15.1%
Median age34.538.138.9

FAQ

What is the average rent in Daviess County, IN?

The median gross rent in Daviess County, IN is $847 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $33,880 a year in gross income.

Is Daviess County, IN expensive to live in?

Rent there is 40% lower than the U.S. median, and the median home costs about 2.9 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

Vilas County, WIRent $847 · Income $68,431Cerro Gordo County, IARent $850 · Income $68,189Kalkaska County, MIRent $853 · Income $68,578Huron County, OHRent $848 · Income $67,878Adams County, NERent $857 · Income $68,365Custer County, NERent $853 · Income $67,906

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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