Marion County, IN

Comprehensive housing, income, and cost of living data for Marion County, Indiana. Population: 971.7K.

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Median Home Price

$246.3K

Based on 37 cities

Median Household Income

$63.5K

Annual household income

Price-to-Income Ratio

3.9x

Moderately affordable

Salary Needed to Buy

$64.6K

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

Housing & Finance

Annual Property Tax

$1,923

Average annual amount

Effective Tax Rate

0.78%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,245

Property Tax$160

Insurance$103

Total Monthly$1,508

Historical Home Prices

2015

$101.0K

2016

$109.4K

+8.4%%

2017

$119.9K

+9.6%%

2018

$132.6K

+10.6%%

2019

$142.6K

+7.5%%

2020

$160.3K

+12.4%%

2021

$189.1K

+18.0%%

2022

$211.2K

+11.7%%

2023

$213.8K

+1.2%%

2024

$220.9K

+3.3%%

2025

$223.1K

+1.0%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.2%%

Below national average

Population Density

2,450

People per square mile

Homicide Rate

19.6

Medium (per 100K residents)

Political Lean (2020)

Competitive

D+0

Racial Demographics

White

50.5%

Black

27.3%

Hispanic

13.4%

Asian

3.9%

Two or More Races

4.3%

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

Climate & Environment

Average Temperature

52°F

Annual average

Sunny Days

164

Days per year

Annual Rainfall

43.4"

Inches per year

Natural Disaster Risk

High Risk

Score: 98/100

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