CostBy County

Cost of Living in Jay County, Indiana

$770/mo
Median Monthly Rent
$117,500
Median Home Value

At a Glance

Median Monthly Rent
$770/mo
15% below state average
Median Home Value
$117,500
65% below national
Census GRAPI
30.6%
Median gross rent as % of renter income

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

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Jay County Compares

Median monthly rent comparison

Jay County$770/mo
Indiana Average$911/mo
National Median$1,413/mo

Detailed Housing Stats

$770/mo
Median Gross Rent
$117,500
Median Home Value
$780/mo
Monthly Owner Cost
30.6%
Census GRAPI

National Ranking

Affordability Rank

Jay County ranks #960 of 3,142 counties for affordability (top 31%)

Most AffordableLeast Affordable

Sourced county brief

Jay County Rent to Income Percentage Reaches 30.6%

In Jay County, the canonical rentToIncomePct, which is the official ACS B25071 median gross rent as a percentage of household income (GRAPI), was 30.6%. This is 3.7 percentage points higher than the Indiana unweighted county mean of 26.9%. Median gross rent was recorded at $770 per month, below the state unweighted mean of $911. The median home value was $117,500, which is $74,399 lower than the state unweighted county mean of $191,899. Median selected monthly owner costs for all owner-occupied units were $780. Renter households in the county had a median income of $29,167. These figures represent housing costs as captured in the 2020-2024 ACS 5-Year Estimates. All data are provided as snapshot descriptions without forecasting future affordability trends or economic conditions. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Jay County

Affordability Verdict

ACS B25071 estimates median gross rent at 30.6% of renter household income in Jay County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $770 per month; median selected monthly owner costs are $780. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $30,800 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Indiana unweighted mean of county median rents is $911 per month. Jay County's $770 median is 15.4% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Jay County

$

Rent Burden

16.8%

of gross income

Max Housing (28% Rule)

$1,283

per month

Owner Cost Burden

17.0%

of gross income

You can likely afford the median home in Jay County

Median home value is $117,500. Estimated monthly cost: $938 vs. your max of $1,283.

Rent Affordability Guide

Your entered rent as a share of entered income16.8%
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: $54,969Needed: $30,800
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,969Needed: $33,429
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $54,969Needed: $27,345

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 Jay County, Indiana?
Jay County, Indiana has a median monthly rent of $770/mo and a median home value of $117,500. The affordability rating is Stretched, with median gross rent equal to approximately 30.6% of renter household income.
What is the median rent in Jay County?
The median gross rent in Jay County is $770/mo. This is 15% below state average for Indiana.
Is Jay County affordable?
Jay County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 30.6%. Median gross rent is 30–50% of renter household income.
How does Jay County's rent compare to the state average?
Jay County's median rent of $770/mo is 15% below state average of $911/mo for Indiana.
What is the median home value in Jay County?
The median home value in Jay County, Indiana is $117,500. This is 65% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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