Cost of Living in Fulton County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Fulton County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Fulton County, Indiana
Fulton's rent crunch exceeds US norms
Fulton County renters spend 16.4% of their income on rent, slightly above the national trend but within reasonable bounds. With a median household income of $62,878—about 16% below the national average of $74,755—residents here feel the squeeze more acutely than raw percentages suggest.
Above Indiana's affordability line
Fulton's rent-to-income ratio of 16.4% places it above Indiana's state average of 15.6%, though not dramatically. The county's median rent of $861 falls slightly below the state average of $883, suggesting modest housing costs offset by lower-than-average incomes.
Mid-range among rural Indiana peers
Fulton's $861 rent sits between Greene County ($788) and Gibson County ($914), anchoring it in the affordability middle of rural north-central Indiana. Home buyers face median costs of $762/month—competitive with nearby counties but for properties worth just $144,700.
Where Fulton's housing dollars go
Renters dedicate $861 monthly while homeowners pay $762—making ownership slightly cheaper than renting for those who can access mortgages. Combined with a $62,878 median income, housing consumes nearly one-sixth of household budgets, leaving modest room for other expenses.
Budget-conscious buyers, take note
Fulton offers below-state-average rents and sub-$150,000 median home values for buyers willing to accept rural living and lower average incomes. Compare these numbers against Greene County's slightly cheaper rents or Hamilton County's higher-income stability to find your fit.
Affordability Calculator
See how your income compares to housing costs in Fulton County
Rent Burden
16.4%
of gross income
Max Housing (28% Rule)
$1,467
per month
Owner Cost Burden
14.5%
of gross income
You can likely afford the median home in Fulton County
Median home value is $144,700. Estimated monthly cost: $1,155 vs. your max of $1,467.
Rent Affordability Guide
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.