Parke County, IN
Comprehensive housing, income, and cost of living data for Parke County, Indiana. Population: 16.3K.
Housing & Finance
Demographics & Economics
Racial Demographics
Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.
Climate & Environment
Frequently Asked Questions
What is the median home price in Parke County, IN?
The median home price in Parke County, Indiana is $181.5K. The price-to-income ratio is 2.7x, meaning the median home costs 2.7 times the median household income.
What salary do you need to buy a home in Parke County?
Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $45.0K per year to buy the median home in Parke County, IN. Monthly housing costs break down to $918 for mortgage, $57.58 for property tax, and $75.62 for insurance.
What is the property tax rate in Parke County?
The effective property tax rate in Parke County is 0.38%, which comes to approximately $691 per year on the median home.
What is the median household income in Parke County?
The median household income in Parke County, Indiana is $66.8K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.6%%.
Is Parke County a good place to live?
Parke County, Indiana has a population of 16.3K. Housing affordability is strong with a price-to-income ratio of 2.7x. The climate averages 53 degrees F with 175 sunny days per year. Compare Parke County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.