Counties › Indiana

Cost of Living in Lawrence County, IN

Population 45,102 · Census ACS 2020–2024 5-year estimates

Median rent$845
Median home value$175,000
Median household income$66,468

The median rent in Lawrence County, IN is $845/month, 20% lower than the Indiana median and 40% lower than the U.S. median. The median home value is $175,000, 47% lower than the national median. Households earn a median of $66,468 a year, 8% lower than the state median.

Affordability

Rent as a share of median income: 15.3%
Income needed for median rent (30% rule): $33,800/yr
Home price-to-income ratio: 2.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $885/mo

Run your own numbers: mortgage calculator · hourly to salary

Lawrence County vs. Indiana vs. U.S.

Lawrence CountyIndianaU.S.
Median rent$845$1,062$1,413
Median home value$175,000$218,200$332,700
Median household income$66,468$71,957$80,734
Homeownership rate80.7%70.6%65.2%
Bachelor's degree or higher20.4%29.5%35.7%
Poverty rate12.2%12.3%12.5%
Unemployment rate3.5%4.3%5.2%
Work from home7.0%10.7%15.1%
Median age43.338.138.9

FAQ

What is the average rent in Lawrence County, IN?

The median gross rent in Lawrence County, IN is $845 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $33,800 a year in gross income.

Is Lawrence County, IN expensive to live in?

Rent there is 40% lower than the U.S. median, and the median home costs about 2.6 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

Sabine County, TXRent $844 · Income $66,585St. Joseph County, MIRent $849 · Income $66,425Davison County, SDRent $847 · Income $66,208Clinton County, IARent $850 · Income $66,981Seneca County, OHRent $856 · Income $66,025Logan County, ILRent $829 · Income $66,358

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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