Hendricks County, IN

Comprehensive housing, income, and cost of living data for Hendricks County, Indiana. Population: 175.6K.

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Median Home Price

$335.5K

Based on 10 cities

Median Household Income

$100.0K

Annual household income

Price-to-Income Ratio

3.4x

Moderately affordable

Salary Needed to Buy

$87.1K

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

Housing & Finance

Annual Property Tax

$2,344

Average annual amount

Effective Tax Rate

0.70%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,696

Property Tax$195

Insurance$140

Total Monthly$2,032

Historical Home Prices

2015

$174.7K

2016

$184.3K

+5.5%%

2017

$193.6K

+5.0%%

2018

$206.7K

+6.7%%

2019

$220.9K

+6.9%%

2020

$244.5K

+10.7%%

2021

$285.2K

+16.6%%

2022

$314.7K

+10.3%%

2023

$322.8K

+2.6%%

2024

$330.5K

+2.4%%

2025

$332.4K

+0.6%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.5%%

Below national average

Population Density

432

People per square mile

Homicide Rate

2.5

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

79.2%

Black

Hispanic

4.9%

Asian

3.3%

Two or More Races

3.2%

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

Climate & Environment

Average Temperature

52°F

Annual average

Sunny Days

200

Days per year

Annual Rainfall

43.5"

Inches per year

Natural Disaster Risk

High Risk

Score: 77/100

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