Cost of Living in Jasper County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Jasper County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Jasper County ranks #215 of 3,144 counties for affordability (top 7%)
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.
Cost of Living Advisory: Jasper County
Affordability Verdict
Housing in Jasper County is affordable. The median rent is $926/month against a median household income of $79,634, putting rent at 14.0% of income.
Rent vs. Own
Renters in Jasper County pay $926/month on average, compared to $953/month for homeowners. This market favors renters by about 3%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,040/year. For owner costs at the 28% rule, the required income is roughly $40,843/year. With a median household income of $79,634, most households can comfortably afford rent here. Notably, 28.0% of renter households in Jasper County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Carroll County where rent averages $874/month, Jasper County is approximately 6% more expensive.
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
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Jasper County, Indiana?
What is the median rent in Jasper County?
Is Jasper County affordable?
How does Jasper County's rent compare to the state average?
What is the median home value in Jasper County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Jasper County, Indiana? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Jasper County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.