Cost of Living in Floyd County, IN
Population 80,918 · Census ACS 2020–2024 5-year estimates
The median rent in Floyd County, IN is $1,036/month, 2% lower than the Indiana median and 27% lower than the U.S. median. The median home value is $251,000, 25% lower than the national median. Households earn a median of $79,704 a year, 11% higher than the state median.
Affordability
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Floyd County vs. Indiana vs. U.S.
| Floyd County | Indiana | U.S. | |
|---|---|---|---|
| Median rent | $1,036 | $1,062 | $1,413 |
| Median home value | $251,000 | $218,200 | $332,700 |
| Median household income | $79,704 | $71,957 | $80,734 |
| Homeownership rate | 73.2% | 70.6% | 65.2% |
| Bachelor's degree or higher | 32.9% | 29.5% | 35.7% |
| Poverty rate | 10.3% | 12.3% | 12.5% |
| Unemployment rate | 4.1% | 4.3% | 5.2% |
| Work from home | 14.1% | 10.7% | 15.1% |
| Median age | 40.9 | 38.1 | 38.9 |
FAQ
What is the average rent in Floyd County, IN?
The median gross rent in Floyd County, IN is $1,036 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Floyd County, IN?
Using the common 30% rule, renting a median-priced home takes about $41,440 a year in gross income.
Is Floyd County, IN expensive to live in?
Rent there is 27% lower than the U.S. median, and the median home costs about 3.1 times the median household income.
Other counties in Indiana
Counties with a similar cost of living
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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