Hamilton County, IN

Comprehensive housing, income, and cost of living data for Hamilton County, Indiana. Population: 349.5K.

Median Home Price
$393.0K

Based on 13 cities

Median Household Income
$118.0K

Annual household income

Price-to-Income Ratio
3.3x

Moderately affordable

Salary Needed to Buy
$104.1K

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

Housing & Finance

Annual Property Tax
$3,340

Average annual amount

Effective Tax Rate
0.85%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,987
Property Tax$278
Insurance$164
Total Monthly$2,430
Historical Home Prices
2015
$246.3K
2016
$256.4K
+4.1%%
2017
$266.5K
+4.0%%
2018
$281.0K
+5.4%%
2019
$291.9K
+3.9%%
2020
$318.7K
+9.2%%
2021
$372.8K
+17.0%%
2022
$412.1K
+10.6%%
2023
$424.1K
+2.9%%
2024
$435.6K
+2.7%%
2025
$448.0K
+2.8%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.0%%

Below national average

Population Density
886

People per square mile

Homicide Rate
1.4

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
79.7%
Black
4.1%
Hispanic
5.4%
Asian
6.7%
Two or More Races
3.5%

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

Climate & Environment

Average Temperature
52°F

Annual average

Sunny Days
168

Days per year

Annual Rainfall
42.4"

Inches per year

Natural Disaster Risk
High Risk

Score: 89/100

Frequently Asked Questions

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

The median home price in Hamilton County, Indiana is $393.0K. The price-to-income ratio is 3.3x, meaning the median home costs 3.3 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $104.1K per year to buy the median home in Hamilton County, IN. Monthly housing costs break down to $1,987 for mortgage, $278 for property tax, and $164 for insurance.

What is the property tax rate in Hamilton County?

The effective property tax rate in Hamilton County is 0.85%, which comes to approximately $3,340 per year on the median home.

What is the median household income in Hamilton County?

The median household income in Hamilton County, Indiana is $118.0K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.0%%.

Is Hamilton County a good place to live?

Hamilton County, Indiana has a population of 349.5K. Housing affordability is strong with a price-to-income ratio of 3.3x. The climate averages 52 degrees F with 168 sunny days per year. Compare Hamilton County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.