Gibson County, IN

Comprehensive housing, income, and cost of living data for Gibson County, Indiana. Population: 33.0K.

Median Home Price
$175.6K

Based on 9 cities

Median Household Income
$67.8K

Annual household income

Price-to-Income Ratio
2.6x

Highly affordable

Salary Needed to Buy
$45.6K

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

Housing & Finance

Annual Property Tax
$1,244

Average annual amount

Effective Tax Rate
0.71%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$888
Property Tax$104
Insurance$73.17
Total Monthly$1,065
Historical Home Prices
2015
$102.9K
2016
$106.7K
+3.6%%
2017
$110.7K
+3.8%%
2018
$119.1K
+7.5%%
2019
$127.0K
+6.7%%
2020
$139.1K
+9.5%%
2021
$157.4K
+13.1%%
2022
$167.1K
+6.1%%
2023
$173.6K
+3.9%%
2024
$184.3K
+6.1%%
2025
$194.3K
+5.4%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
2.5%%

Below national average

Population Density
68

People per square mile

Homicide Rate
15.5

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
90.7%
Black
2.2%
Hispanic
2.1%
Asian
0.5%
Two or More Races
3.5%

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

Climate & Environment

Average Temperature
56°F

Annual average

Sunny Days
159

Days per year

Annual Rainfall
48.1"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 48/100

Frequently Asked Questions

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

The median home price in Gibson County, Indiana is $175.6K. The price-to-income ratio is 2.6x, meaning the median home costs 2.6 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $45.6K per year to buy the median home in Gibson County, IN. Monthly housing costs break down to $888 for mortgage, $104 for property tax, and $73.17 for insurance.

What is the property tax rate in Gibson County?

The effective property tax rate in Gibson County is 0.71%, which comes to approximately $1,244 per year on the median home.

What is the median household income in Gibson County?

The median household income in Gibson County, Indiana is $67.8K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.5%%.

Is Gibson County a good place to live?

Gibson County, Indiana has a population of 33.0K. Housing affordability is strong with a price-to-income ratio of 2.6x. The climate averages 56 degrees F with 159 sunny days per year. Compare Gibson County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.