Cost of Living in Ripley 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 Ripley County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Ripley County ranks #1,741 of 3,142 counties for affordability (bottom 45%)
Sourced county brief
Ripley County Median Home Value Estimated at $222,500
The median home value in Ripley County was estimated at $222,500, which is $30,601 higher than the Indiana unweighted county mean of $191,899. According to the 2020-2024 ACS 5-Year Estimates, the official B25071 median gross rent as a percentage of household income was 28.1%. This official GRAPI is 1.2 percentage points higher than the state unweighted county mean of 26.9%. Median gross rent in the county was $839 per month, compared to the state unweighted county mean of $911. Owners of occupied units experienced median selected monthly owner costs of $979, which is above the unweighted county mean of $951. The median income for renter households was $38,289. This data provides a statistical overview of housing tenure costs based on Census Bureau reporting for the 2020-2024 period. 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: Ripley County
Affordability Verdict
ACS B25071 estimates median gross rent at 28.1% of renter household income in Ripley 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 $839 per month; median selected monthly owner costs are $979. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $33,560 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. Ripley County's $839 median is 7.9% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Ripley County
Rent Burden
14.3%
of gross income
Max Housing (28% Rule)
$1,647
per month
Owner Cost Burden
16.6%
of gross income
The median home in Ripley County may be a stretch
Median home value is $222,500. Estimated monthly cost: $1,776 vs. your max of $1,647.
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 Ripley County, Indiana?
What is the median rent in Ripley County?
Is Ripley County affordable?
How does Ripley County's rent compare to the state average?
What is the median home value in Ripley County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Ripley County, Indiana? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Ripley County
Whether you're buying in Ripley County, Indiana, or refinancing, compare rates from top lenders using the terms each lender provides.
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.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.