Counties › Indiana

Cost of Living in Grant County, IN

Population 66,295 · Census ACS 2020–2024 5-year estimates

Median rent$853
Median home value$122,300
Median household income$53,522

The median rent in Grant County, IN is $853/month, 20% lower than the Indiana median and 40% lower than the U.S. median. The median home value is $122,300, 63% lower than the national median. Households earn a median of $53,522 a year, 26% lower than the state median.

Affordability

Rent as a share of median income: 19.1%
Income needed for median rent (30% rule): $34,120/yr
Home price-to-income ratio: 2.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $618/mo

Run your own numbers: mortgage calculator · hourly to salary

Grant County vs. Indiana vs. U.S.

Grant CountyIndianaU.S.
Median rent$853$1,062$1,413
Median home value$122,300$218,200$332,700
Median household income$53,522$71,957$80,734
Homeownership rate72.7%70.6%65.2%
Bachelor's degree or higher20.3%29.5%35.7%
Poverty rate19.8%12.3%12.5%
Unemployment rate6.3%4.3%5.2%
Work from home7.8%10.7%15.1%
Median age38.738.138.9

FAQ

What is the average rent in Grant County, IN?

The median gross rent in Grant County, IN is $853 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $34,120 a year in gross income.

Is Grant County, IN expensive to live in?

Rent there is 40% lower than the U.S. median, and the median home costs about 2.3 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

Greene County, NCRent $853 · Income $53,244Muskogee County, OKRent $849 · Income $53,619Cass County, TXRent $852 · Income $53,813Wayne County, GARent $846 · Income $53,427Eastland County, TXRent $866 · Income $53,549Carroll County, ARRent $856 · Income $54,230

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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