Counties › Indiana

Cost of Living in Porter County, IN

Population 174,818 · Census ACS 2020–2024 5-year estimates

Median rent$1,219
Median home value$281,500
Median household income$87,972

The median rent in Porter County, IN is $1,219/month, 15% higher than the Indiana median and 14% lower than the U.S. median. The median home value is $281,500, 15% lower than the national median. Households earn a median of $87,972 a year, 22% higher than the state median.

Affordability

Rent as a share of median income: 16.6%
Income needed for median rent (30% rule): $48,760/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,423/mo

Run your own numbers: mortgage calculator · hourly to salary

Porter County vs. Indiana vs. U.S.

Porter CountyIndianaU.S.
Median rent$1,219$1,062$1,413
Median home value$281,500$218,200$332,700
Median household income$87,972$71,957$80,734
Homeownership rate77.7%70.6%65.2%
Bachelor's degree or higher31.1%29.5%35.7%
Poverty rate9.6%12.3%12.5%
Unemployment rate4.7%4.3%5.2%
Work from home9.5%10.7%15.1%
Median age40.838.138.9

FAQ

What is the average rent in Porter County, IN?

The median gross rent in Porter County, IN is $1,219 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $48,760 a year in gross income.

Is Porter County, IN expensive to live in?

Rent there is 14% lower than the U.S. median, and the median home costs about 3.2 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

Rensselaer County, NYRent $1,217 · Income $87,915Leavenworth County, KSRent $1,219 · Income $89,218Louisa County, VARent $1,220 · Income $86,689Cass County, MORent $1,205 · Income $87,535Madison County, ALRent $1,209 · Income $86,499Clay County, MORent $1,243 · Income $88,468

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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