Jay County, IN

Comprehensive housing, income, and cost of living data for Jay County, Indiana. Population: 20.5K.

Median Home Price
$160.1K

Based on 5 cities

Median Household Income
$54.1K

Annual household income

Price-to-Income Ratio
3.0x

Highly affordable

Salary Needed to Buy
$39.9K

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

Housing & Finance

Annual Property Tax
$665

Average annual amount

Effective Tax Rate
0.42%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$810
Property Tax$55.42
Insurance$66.71
Total Monthly$932
Historical Home Prices
2015
$77.0K
2016
$80.4K
+4.5%%
2017
$85.4K
+6.2%%
2018
$89.4K
+4.6%%
2019
$93.5K
+4.6%%
2020
$106.9K
+14.3%%
2021
$122.0K
+14.2%%
2022
$134.6K
+10.3%%
2023
$141.5K
+5.2%%
2024
$148.9K
+5.2%%
2025
$150.7K
+1.2%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.1%%

Below national average

Population Density
53

People per square mile

Homicide Rate
11.7

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
93%
Black
0.3%
Hispanic
4.5%
Asian
0.3%
Two or More Races
1.8%

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

Climate & Environment

Average Temperature
51°F

Annual average

Sunny Days
201

Days per year

Annual Rainfall
40.4"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 23/100

Frequently Asked Questions

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

The median home price in Jay County, Indiana is $160.1K. The price-to-income ratio is 3.0x, meaning the median home costs 3.0 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $39.9K per year to buy the median home in Jay County, IN. Monthly housing costs break down to $810 for mortgage, $55.42 for property tax, and $66.71 for insurance.

What is the property tax rate in Jay County?

The effective property tax rate in Jay County is 0.42%, which comes to approximately $665 per year on the median home.

What is the median household income in Jay County?

The median household income in Jay County, Indiana is $54.1K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.1%%.

Is Jay County a good place to live?

Jay County, Indiana has a population of 20.5K. Housing affordability is strong with a price-to-income ratio of 3.0x. The climate averages 51 degrees F with 201 sunny days per year. Compare Jay County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.