Counties › Indiana

Cost of Living in Decatur County, IN

Population 26,422 · Census ACS 2020–2024 5-year estimates

Median rent$861
Median home value$199,100
Median household income$69,783

The median rent in Decatur County, IN is $861/month, 19% lower than the Indiana median and 39% lower than the U.S. median. The median home value is $199,100, 40% lower than the national median. Households earn a median of $69,783 a year, 3% lower than the state median.

Affordability

Rent as a share of median income: 14.8%
Income needed for median rent (30% rule): $34,440/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,007/mo

Run your own numbers: mortgage calculator · hourly to salary

Decatur County vs. Indiana vs. U.S.

Decatur CountyIndianaU.S.
Median rent$861$1,062$1,413
Median home value$199,100$218,200$332,700
Median household income$69,783$71,957$80,734
Homeownership rate76.1%70.6%65.2%
Bachelor's degree or higher20.0%29.5%35.7%
Poverty rate10.2%12.3%12.5%
Unemployment rate2.7%4.3%5.2%
Work from home10.9%10.7%15.1%
Median age39.838.138.9

FAQ

What is the average rent in Decatur County, IN?

The median gross rent in Decatur County, IN is $861 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $34,440 a year in gross income.

Is Decatur County, IN expensive to live in?

Rent there is 39% 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

Grant County, KYRent $862 · Income $69,178Murray County, GARent $857 · Income $69,253Cass County, MNRent $863 · Income $68,874Morgan County, ALRent $864 · Income $68,845Adams County, NERent $857 · Income $68,365Kalkaska County, MIRent $853 · Income $68,578

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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