Counties › Indiana

Cost of Living in Steuben County, IN

Population 34,726 · Census ACS 2020–2024 5-year estimates

Median rent$933
Median home value$216,200
Median household income$74,911

The median rent in Steuben County, IN is $933/month, 12% lower than the Indiana median and 34% lower than the U.S. median. The median home value is $216,200, 35% lower than the national median. Households earn a median of $74,911 a year, 4% higher than the state median.

Affordability

Rent as a share of median income: 14.9%
Income needed for median rent (30% rule): $37,320/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,093/mo

Run your own numbers: mortgage calculator · hourly to salary

Steuben County vs. Indiana vs. U.S.

Steuben CountyIndianaU.S.
Median rent$933$1,062$1,413
Median home value$216,200$218,200$332,700
Median household income$74,911$71,957$80,734
Homeownership rate79.5%70.6%65.2%
Bachelor's degree or higher25.6%29.5%35.7%
Poverty rate9.3%12.3%12.5%
Unemployment rate7.2%4.3%5.2%
Work from home5.7%10.7%15.1%
Median age43.538.138.9

FAQ

What is the average rent in Steuben County, IN?

The median gross rent in Steuben County, IN is $933 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $37,320 a year in gross income.

Is Steuben County, IN expensive to live in?

Rent there is 34% lower than the U.S. median, and the median home costs about 2.9 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

Morrow County, OHRent $937 · Income $75,283Wayne County, NYRent $938 · Income $74,506Anderson County, KYRent $927 · Income $74,488Madison County, NYRent $928 · Income $75,499Livingston County, NYRent $931 · Income $74,001Buffalo County, NERent $936 · Income $75,911

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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