Cost of Living in Fountain County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Fountain County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Fountain County ranks #444 of 3,144 counties for affordability (top 14%)
Data Story
About Cost of Living in Fountain County, Indiana
Fountain offers moderate rental costs
Fountain County renters spend 16.1% of their income on rent, slightly above the national ideal but well within the acceptable range for working families. This western Indiana county delivers solid affordability for households on typical American incomes.
Modest affordability within Indiana
Fountain's 16.1% rent-to-income ratio sits slightly above the state average of 15.6%, ranking it in the middle of Indiana's affordability range. The county offers reasonable housing costs without standing out as exceptionally cheap or expensive.
Mid-range rents, mid-range incomes
Fountain's $837 median rent falls near the state average of $883, while its $62,526 income sits in the middle of this county group. The county represents a balanced, middle-of-the-road housing market for Indiana's working families.
Rents and mortgages align with wages
Renters pay $837 monthly while homeowners spend $807 against a median income of $62,526, keeping housing costs around 16% of household budgets. This stability makes Fountain predictable for families budgeting carefully for housing expenses.
Fountain offers steady housing value
If you want predictable, middle-ground housing costs without searching for bargains or negotiating premium prices, Fountain's 16.1% ratio fits the bill. Compare this county's balanced metrics to your current location to gauge true savings potential.
Cost of Living Advisory: Fountain County
Affordability Verdict
Fountain County is affordable for renters, with a median gross rent of $837/month representing approximately 16.1% of median household income. The rent burden (GRAPI) stands at 23.0%.
Rent vs. Own
The median rent in Fountain County is $837/month, while owner costs run $807/month. Owning saves approximately $30/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $33,480/year. For owner costs at the 28% rule, the required income is roughly $34,586/year. With a median household income of $62,526, most households can comfortably afford rent here. Notably, 23.0% of renter households in Fountain County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Indiana, Fountain County is more affordable than Vermillion County by roughly 7% ($837/mo vs $785/mo).
Affordability Calculator
See how your income compares to housing costs in Fountain County
Rent Burden
16.1%
of gross income
Max Housing (28% Rule)
$1,459
per month
Owner Cost Burden
15.5%
of gross income
You can likely afford the median home in Fountain County
Median home value is $133,200. Estimated monthly cost: $1,063 vs. your max of $1,459.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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