Knox County, IN

Comprehensive housing, income, and cost of living data for Knox County, Indiana. Population: 36.1K.

Median Home Price
$152.1K

Based on 10 cities

Median Household Income
$58.9K

Annual household income

Price-to-Income Ratio
2.6x

Highly affordable

Salary Needed to Buy
$38.9K

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

Housing & Finance

Annual Property Tax
$895

Average annual amount

Effective Tax Rate
0.59%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$769
Property Tax$74.58
Insurance$63.37
Total Monthly$907
Historical Home Prices
2015
$82.1K
2016
$84.7K
+3.2%%
2017
$83.0K
-2.1%%
2018
$85.7K
+3.3%%
2019
$93.4K
+8.9%%
2020
$102.1K
+9.3%%
2021
$115.2K
+12.8%%
2022
$125.2K
+8.7%%
2023
$132.8K
+6.1%%
2024
$143.3K
+7.9%%
2025
$146.7K
+2.4%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.1%%

Below national average

Population Density
70

People per square mile

Homicide Rate
3.9

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
90.1%
Black
1.6%
Hispanic
2.8%
Asian
0.9%
Two or More Races
4.4%

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

Climate & Environment

Average Temperature
55°F

Annual average

Sunny Days
173

Days per year

Annual Rainfall
46.8"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 55/100

Frequently Asked Questions

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

The median home price in Knox County, Indiana is $152.1K. 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 Knox County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $38.9K per year to buy the median home in Knox County, IN. Monthly housing costs break down to $769 for mortgage, $74.58 for property tax, and $63.37 for insurance.

What is the property tax rate in Knox County?

The effective property tax rate in Knox County is 0.59%, which comes to approximately $895 per year on the median home.

What is the median household income in Knox County?

The median household income in Knox County, Indiana is $58.9K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.1%%.

Is Knox County a good place to live?

Knox County, Indiana has a population of 36.1K. Housing affordability is strong with a price-to-income ratio of 2.6x. The climate averages 55 degrees F with 173 sunny days per year. Compare Knox County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.