Cost of Living in Gibson County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Gibson County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Gibson County, Indiana
Gibson keeps pace with national affordability
Gibson County's rent-to-income ratio of 16.2% sits just above the national standard, with renters paying $914 monthly on a $67,763 median income. This performance is nearly 10% better than the national average household income, suggesting residents have managed modest affordability gains.
Slightly strained on Indiana's scale
At 16.2%, Gibson's rent-to-income ratio exceeds Indiana's 15.6% state average, placing it in the less-affordable tier statewide. The county's median rent of $914 also runs above the state mean of $883, indicating moderately tighter housing markets than most Indiana peers.
Higher rents, stronger incomes nearby
Gibson County's $914 rent is the highest among its rural northwestern Indiana neighbors, though paired with a stronger median income ($67,763) than Fulton County ($62,878). Homeowners benefit from median property values of $170,500—a step up in equity versus nearby counties.
Gibson's housing cost structure
Renters allocate $914 monthly while homeowners commit $863, making Gibson's homeownership option nearly equivalent in monthly cost. At $67,763 annual income, housing claims roughly 16% of household budgets for renters—manageable but not generous.
Mid-range Indiana living awaits
Gibson County offers a sweet spot for families seeking moderate incomes, slightly elevated rents, and solid home values in quiet rural surroundings. Cross-reference against Hancock County's higher incomes or Grant County's cheaper baseline if you're weighing relocation options.
Affordability Calculator
See how your income compares to housing costs in Gibson County
Rent Burden
16.2%
of gross income
Max Housing (28% Rule)
$1,581
per month
Owner Cost Burden
15.3%
of gross income
You can likely afford the median home in Gibson County
Median home value is $170,500. Estimated monthly cost: $1,361 vs. your max of $1,581.
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.