Counties › Indiana

Cost of Living in Gibson County, IN

Population 33,000 · Census ACS 2020–2024 5-year estimates

Median rent$935
Median home value$180,000
Median household income$67,573

The median rent in Gibson County, IN is $935/month, 12% lower than the Indiana median and 34% lower than the U.S. median. The median home value is $180,000, 46% lower than the national median. Households earn a median of $67,573 a year, 6% lower than the state median.

Affordability

Rent as a share of median income: 16.6%
Income needed for median rent (30% rule): $37,400/yr
Home price-to-income ratio: 2.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $910/mo

Run your own numbers: mortgage calculator · hourly to salary

Gibson County vs. Indiana vs. U.S.

Gibson CountyIndianaU.S.
Median rent$935$1,062$1,413
Median home value$180,000$218,200$332,700
Median household income$67,573$71,957$80,734
Homeownership rate76.7%70.6%65.2%
Bachelor's degree or higher18.5%29.5%35.7%
Poverty rate10.8%12.3%12.5%
Unemployment rate2.3%4.3%5.2%
Work from home3.6%10.7%15.1%
Median age40.238.138.9

FAQ

What is the average rent in Gibson County, IN?

The median gross rent in Gibson County, IN is $935 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $37,400 a year in gross income.

Is Gibson County, IN expensive to live in?

Rent there is 34% lower than the U.S. median, and the median home costs about 2.7 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

Graham County, AZRent $935 · Income $67,325Cascade County, MTRent $939 · Income $67,690Marion County, WVRent $932 · Income $67,370Johnson County, MORent $932 · Income $67,272Hutchinson County, TXRent $932 · Income $67,228Cayuga County, NYRent $942 · Income $67,904

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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