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)
How Newton County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Newton County ranks #1,356 of 3,144 counties for affordability (top 43%)
Data Story
About Cost of Living in Newton County, Indiana
Newton County balances cost and income
Newton County renters spend 16.2% of income on housing, slightly above Indiana's state average but well within national affordability comfort zones. The median household income of $68,596 supports $927 monthly rent reasonably well.
Modestly above Indiana average
At 16.2%, Newton County's rent-to-income ratio exceeds Indiana's 15.6% state average by less than a percentage point. The $927 median rent runs $44 above the state average, placing Newton in the slightly-pricier-than-average tier.
Typical regional affordability
Newton County's $927 rent nearly matches Marshall County's $936 and Miami County's $794, clustering in the affordable-to-moderate range. The median home value of $159,300 aligns with Montgomery County ($166,300) rather than the higher-priced Marion or Monroe Counties.
Newton's balanced housing expenses
Renters earning Newton County's $68,596 median income pay $927 monthly, consuming 16.2% of gross earnings. Homeowners with a median home value of $159,300 face $969 in monthly costs, slightly higher than rents but still moderate in context of county income.
Solid choice for middle-income families
Newton County delivers moderate affordability and housing ratios suitable for families earning around Indiana's median income. It offers neither bargain prices nor premium premiums—a dependable, middle-ground option for practical-minded movers.
Cost of Living Advisory: Newton County
Affordability Verdict
For renters in Newton County, the market is affordable. Expect to pay around $927/month in gross rent, with 24.0% of renter households considered cost-burdened.
Rent vs. Own
Renters in Newton County pay $927/month on average, compared to $969/month for homeowners. This market favors renters by about 4%.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $37,080/year. For owner costs at the 28% rule, the required income is roughly $41,529/year. With a median household income of $68,596, most households can comfortably afford rent here. Notably, 24.0% of renter households in Newton County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Compared to Carroll County where rent averages $874/month, Newton County is approximately 6% more expensive.
Affordability Calculator
See how your income compares to housing costs in Newton County
Rent Burden
16.2%
of gross income
Max Housing (28% Rule)
$1,601
per month
Owner Cost Burden
17.0%
of gross income
You can likely afford the median home in Newton County
Median home value is $159,300. Estimated monthly cost: $1,272 vs. your max of $1,601.
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 Newton County, Indiana?
What is the median rent in Newton County?
Is Newton County affordable?
How does Newton County's rent compare to the state average?
What is the median home value in Newton County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Newton County, Indiana? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Newton 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.