Cost of Living in Jennings County, Indiana

$906/mo
Median Monthly Rent
$154,600
Median Home Value

At a Glance

Median Monthly Rent
$906/mo
3% above state average
Median Home Value
$154,600
45% 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 Jennings County Compares

Median monthly rent comparison

Jennings County$906/mo
Indiana Average$883/mo
National Median$1,163/mo

Detailed Housing Stats

$906/mo
Median Gross Rent
$154,600
Median Home Value
$877/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Jennings County ranks #1,390 of 3,144 counties for affordability (top 44%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Jennings County, Indiana

Jennings County's Balanced Housing Market

Jennings County delivers one of the region's better affordability stories with a 15.9% rent-to-income ratio sitting just below Indiana's 15.6% state average, thanks to a solid median household income of $68,476. At $906 monthly, rents here feel manageable relative to what residents earn.

Jennings County's Indiana Position

At 15.9%, Jennings County's rent-to-income ratio essentially matches Indiana's 15.6% state average, placing it squarely in the state's affordability mainstream. The county's median income of $68,476 sits above many peers, helping residents weather housing costs more comfortably than less affluent counties.

Jennings Among Regional Peers

Jennings County's 15.9% rent burden and $68,476 median income position it favorably against weaker performers like Jefferson ($59,987 income, 17.3% ratio) and Jay ($54,114 income, 17.0% ratio). At $906 monthly, Jennings rents run moderate for this cluster while incomes provide better cushion.

Jennings County Housing Breakdown

Jennings County residents earning the median $68,476 spend about $906 monthly on rent—a reasonable 15.9% of gross income. Homeowners face $877 monthly costs on median-valued properties around $154,600, making ownership a realistic path for stable earners in the county.

Considering Jennings County?

Jennings County offers solid affordability with a 15.9% rent-to-income ratio matching state averages and median income of $68,476 that provides real budget flexibility. If you're comparing Indiana counties, Jennings' balanced housing costs and decent incomes make it a sensible middle-ground choice worth serious consideration.

Cost of Living Advisory: Jennings County

Affordability Verdict

Jennings County offers affordable rental housing at a median of $906/month — about 15.9% of the typical household income here.

Rent vs. Own

At $906/month rent versus $877/month in owner costs, owning is roughly $29/month cheaper — a 3% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,240/year. For owner costs at the 28% rule, the required income is roughly $37,586/year. With a median household income of $68,476, most households can comfortably afford rent here. Notably, 28.0% of renter households in Jennings County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Tipton County where rent averages $854/month, Jennings County is approximately 6% more expensive.

Affordability Calculator

See how your income compares to housing costs in Jennings County

$

Rent Burden

15.9%

of gross income

Max Housing (28% Rule)

$1,598

per month

Owner Cost Burden

15.4%

of gross income

You can likely afford the median home in Jennings County

Median home value is $154,600. Estimated monthly cost: $1,234 vs. your max of $1,598.

Rent Affordability Guide

Your rent-to-income ratio15.9%
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: $68,476Needed: $36,240
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,476Needed: $37,586
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $68,476Needed: $35,980

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 Jennings County, Indiana?
Jennings County, Indiana has a median monthly rent of $906/mo and a median home value of $154,600. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Jennings County?
The median gross rent in Jennings County is $906/mo. This is 3% above state average for Indiana.
Is Jennings County affordable?
Jennings 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 Jennings County's rent compare to the state average?
Jennings County's median rent of $906/mo is 3% above state average of $883/mo for Indiana.
What is the median home value in Jennings County?
The median home value in Jennings County, Indiana is $154,600. This is 45% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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