Counties › Indiana

Cost of Living in Ripley County, IN

Population 29,095 · Census ACS 2020–2024 5-year estimates

Median rent$839
Median home value$222,500
Median household income$70,573

The median rent in Ripley County, IN is $839/month, 21% lower than the Indiana median and 41% lower than the U.S. median. The median home value is $222,500, 33% lower than the national median. Households earn a median of $70,573 a year, about the same as the state median.

Affordability

Rent as a share of median income: 14.3%
Income needed for median rent (30% rule): $33,560/yr
Home price-to-income ratio: 3.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,125/mo

Run your own numbers: mortgage calculator · hourly to salary

Ripley County vs. Indiana vs. U.S.

Ripley CountyIndianaU.S.
Median rent$839$1,062$1,413
Median home value$222,500$218,200$332,700
Median household income$70,573$71,957$80,734
Homeownership rate76.8%70.6%65.2%
Bachelor's degree or higher20.7%29.5%35.7%
Poverty rate10.1%12.3%12.5%
Unemployment rate3.0%4.3%5.2%
Work from home7.8%10.7%15.1%
Median age41.238.138.9

FAQ

What is the average rent in Ripley County, IN?

The median gross rent in Ripley County, IN is $839 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $33,560 a year in gross income.

Is Ripley County, IN expensive to live in?

Rent there is 41% 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

Carbon County, WYRent $842 · Income $70,511Jasper County, IARent $836 · Income $71,311Freeborn County, MNRent $849 · Income $71,023Yates County, NYRent $834 · Income $69,701Logan County, OHRent $845 · Income $71,551Watonwan County, MNRent $834 · Income $71,699

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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