Cost of Living in Fountain County, Indiana

$837/mo
Median Monthly Rent
$133,200
Median Home Value

At a Glance

Median Monthly Rent
$837/mo
5% below state average
Median Home Value
$133,200
53% below national
Rent-to-Income Ratio
23.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Fountain County Compares

Median monthly rent comparison

Fountain County$837/mo
Indiana Average$883/mo
National Median$1,163/mo

Detailed Housing Stats

$837/mo
Median Gross Rent
$133,200
Median Home Value
$807/mo
Monthly Owner Cost
23.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Fountain County ranks #444 of 3,144 counties for affordability (top 14%)

Most AffordableLeast Affordable

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

Your rent-to-income ratio16.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,526Needed: $33,480
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,526Needed: $34,586
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $62,526Needed: $30,999

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

What is the cost of living in Fountain County, Indiana?
Fountain County, Indiana has a median monthly rent of $837/mo and a median home value of $133,200. The affordability rating is Unaffordable, with rent making up approximately 23.0% of median household income.
What is the median rent in Fountain County?
The median gross rent in Fountain County is $837/mo. This is 5% below state average for Indiana.
Is Fountain County affordable?
Fountain County is rated Unaffordable based on rent-to-income ratio of 23.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Fountain County's rent compare to the state average?
Fountain County's median rent of $837/mo is 5% below state average of $883/mo for Indiana.
What is the median home value in Fountain County?
The median home value in Fountain County, Indiana is $133,200. This is 53% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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