Decatur County, IN

Comprehensive housing, income, and cost of living data for Decatur County, Indiana. Population: 26.4K.

Median Home Price
$228.7K

Based on 3 cities

Median Household Income
$74.2K

Annual household income

Price-to-Income Ratio
3.1x

Moderately affordable

Salary Needed to Buy
$57.8K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,176

Average annual amount

Effective Tax Rate
0.51%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,156
Property Tax$98.00
Insurance$95.28
Total Monthly$1,350
Historical Home Prices
2015
$128.7K
2016
$134.2K
+4.3%%
2017
$139.7K
+4.2%%
2018
$144.4K
+3.3%%
2019
$158.4K
+9.7%%
2020
$171.8K
+8.5%%
2021
$197.9K
+15.2%%
2022
$211.6K
+6.9%%
2023
$220.2K
+4.1%%
2024
$233.5K
+6.0%%
2025
$244.0K
+4.5%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
2.5%%

Below national average

Population Density
71

People per square mile

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
93.5%
Black
0.3%
Hispanic
2.4%
Asian
0.1%
Two or More Races
3.2%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
53°F

Annual average

Sunny Days
176

Days per year

Annual Rainfall
46.5"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 23/100

Frequently Asked Questions

What is the median home price in Decatur County, IN?

The median home price in Decatur County, Indiana is $228.7K. The price-to-income ratio is 3.1x, meaning the median home costs 3.1 times the median household income.

What salary do you need to buy a home in Decatur County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $57.8K per year to buy the median home in Decatur County, IN. Monthly housing costs break down to $1,156 for mortgage, $98.00 for property tax, and $95.28 for insurance.

What is the property tax rate in Decatur County?

The effective property tax rate in Decatur County is 0.51%, which comes to approximately $1,176 per year on the median home.

What is the median household income in Decatur County?

The median household income in Decatur County, Indiana is $74.2K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.5%%.

Is Decatur County a good place to live?

Decatur County, Indiana has a population of 26.4K. Housing affordability is strong with a price-to-income ratio of 3.1x. The climate averages 53 degrees F with 176 sunny days per year. Compare Decatur County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.