Cost of Living in Union County, Indiana

$792/mo
Median Monthly Rent
$162,200
Median Home Value
10% below state averageUnaffordable

At a Glance

Median Monthly Rent
$792/mo
10% below state average
Median Home Value
$162,200
42% below national
Rent-to-Income Ratio
26.0%
% 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 Union County Compares

Median monthly rent comparison

Union County$792/mo
Indiana Average$883/mo
National Median$1,163/mo

Detailed Housing Stats

$792/mo
Median Gross Rent
$162,200
Median Home Value
$893/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Union County, Indiana

Union County rents are remarkably affordable

Renters in Union County spend just 11.9% of their income on housing, well below the national benchmark of 12-15% that experts consider sustainable. The county's median rent of $792 is nearly $100 cheaper than Indiana's state average of $883, while household incomes run slightly above the national median at $79,500.

A top affordability choice statewide

Union County ranks among Indiana's most affordable counties, with a rent-to-income ratio of 11.9% compared to the state average of 15.6%. This combination of reasonable rents and solid incomes makes housing here genuinely accessible for working families across the income spectrum.

Better than most peers

Union County's $792 monthly rent undercuts neighboring Wabash County ($752) and Warren County ($815) moderately, but beats Vanderburgh County ($964) by $172 per month. The county's rent-to-income ratio of 11.9% is the strongest among its peer group, reflecting healthy local wage levels.

Where your housing dollar goes

Median monthly rent stands at $792 while homeowners pay $893 for mortgages, both reasonable against a median household income of $79,500. Just 11.9% of household income goes to rent—meaning families keep more money for food, healthcare, and savings.

Consider Union County's balance

If you're weighing a move to Indiana, Union County offers both affordability and income stability that outpace state averages. With rents well below $800 and no wage penalty compared to neighbors, it's worth serious consideration for renters and homebuyers alike.

Affordability Calculator

See how your income compares to housing costs in Union County

$

Rent Burden

12.0%

of gross income

Max Housing (28% Rule)

$1,855

per month

Owner Cost Burden

13.5%

of gross income

You can likely afford the median home in Union County

Median home value is $162,200. Estimated monthly cost: $1,295 vs. your max of $1,855.

Rent Affordability Guide

Your rent-to-income ratio12.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Union County, Indiana?
Union County, Indiana has a median monthly rent of $792/mo and a median home value of $162,200. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Union County?
The median gross rent in Union County is $792/mo. This is 10% below state average for Indiana.
Is Union County affordable?
Union County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Union County's rent compare to the state average?
Union County's median rent of $792/mo is 10% below state average of $883/mo for Indiana.
What is the median home value in Union County?
The median home value in Union County, Indiana is $162,200. This is 42% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.