Cost of Living in Newton County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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 Newton County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Newton County ranks #2,079 of 3,142 counties for affordability (bottom 34%)
Sourced county brief
Newton County Median Renter Household Income Reaches $48,654
Newton County’s median renter-household income was estimated at $48,654, based on the ACS 2020-2024 5-Year Estimates. The official gross rent as a percentage of household income (GRAPI) was 23.9 percent, which is the canonical rentToIncomePct. This official B25071 estimate is 3.0 percentage points lower than the Indiana unweighted county mean of 26.9 percent. The median gross rent in the county was $918 per month, while the state unweighted county mean was $911. For owner-occupied units, the median selected monthly owner cost was $1,056, which is higher than the Indiana unweighted county mean of $951. The median home value was $171,500, compared to the state unweighted county mean of $191,899. These numbers offer a data-driven snapshot of the county’s housing environment as reported by the Census Bureau. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Newton County
Affordability Verdict
ACS B25071 estimates median gross rent at 23.9% of renter household income in Newton County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $918 per month; median selected monthly owner costs are $1,056. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $36,720 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. Newton County's $918 median is 0.8% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Newton County
Rent Burden
14.6%
of gross income
Max Housing (28% Rule)
$1,761
per month
Owner Cost Burden
16.8%
of gross income
You can likely afford the median home in Newton County
Median home value is $171,500. Estimated monthly cost: $1,369 vs. your max of $1,761.
Rent Affordability Guide
Income Needed Calculator
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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
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See Today's RatesData: 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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