Cost of Living in Jasper County, Indiana

$926/mo
Median Monthly Rent
$204,400
Median Home Value
5% above state averageUnaffordable

At a Glance

Median Monthly Rent
$926/mo
5% above state average
Median Home Value
$204,400
27% below national
Rent-to-Income Ratio
28.0%
% 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 Jasper County Compares

Median monthly rent comparison

Jasper County$926/mo
Indiana Average$883/mo
National Median$1,163/mo

Detailed Housing Stats

$926/mo
Median Gross Rent
$204,400
Median Home Value
$953/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Jasper County, Indiana

Jasper County: Indiana's Affordability Leader

Jasper County boasts a 13.9% rent-to-income ratio, one of Indiana's lowest and well below the national average, thanks to the state's highest median household income of $79,634. At $926 monthly, rents here consume a smaller slice of household budgets than nearly anywhere else in the region.

Jasper County's Unmatched Ranking

With a 13.9% rent-to-income ratio sitting 1.7 percentage points below Indiana's 15.6% state average, Jasper County ranks among the state's most affordable counties. The county's median income of $79,634 tops all other surveyed Indiana counties by a substantial margin, creating exceptional affordability.

Jasper's Clear Regional Advantage

Jasper County's 13.9% rent burden dramatically outpaces neighboring counties: Howard at 17.6%, Huntington at 16.6%, and Henry at 16.1%. With incomes over $79,600 and rents under $930, Jasper residents enjoy measurably more breathing room than peers just miles away.

Jasper County's Strong Economics

Jasper County residents earning the exceptional median of $79,634 spend just $926 monthly on rent—a remarkably low 13.9% of gross income. Homeowners with median-valued properties at $204,400 face $953 monthly costs, creating a manageable path to ownership for this higher-earning workforce.

Jasper County Stands Out

If affordability matters most, Jasper County delivers Indiana's best housing value with its 13.9% rent-to-income ratio and exceptional median income of $79,634. Relocating here means your housing costs consume less income while building more wealth—a rare combination worth exploring seriously.

Affordability Calculator

See how your income compares to housing costs in Jasper County

$

Rent Burden

14.0%

of gross income

Max Housing (28% Rule)

$1,858

per month

Owner Cost Burden

14.4%

of gross income

You can likely afford the median home in Jasper County

Median home value is $204,400. Estimated monthly cost: $1,632 vs. your max of $1,858.

Rent Affordability Guide

Your rent-to-income ratio14.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Jasper County, Indiana?
Jasper County, Indiana has a median monthly rent of $926/mo and a median home value of $204,400. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Jasper County?
The median gross rent in Jasper County is $926/mo. This is 5% above state average for Indiana.
Is Jasper County affordable?
Jasper County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Jasper County's rent compare to the state average?
Jasper County's median rent of $926/mo is 5% above state average of $883/mo for Indiana.
What is the median home value in Jasper County?
The median home value in Jasper County, Indiana is $204,400. This is 27% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.