Porter County, IN

Comprehensive housing, income, and cost of living data for Porter County, Indiana. Population: 173.4K.

Median Home Price
$317.8K

Based on 8 cities

Median Household Income
$85.8K

Annual household income

Price-to-Income Ratio
3.7x

Moderately affordable

Salary Needed to Buy
$82.3K

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

Housing & Finance

Annual Property Tax
$2,172

Average annual amount

Effective Tax Rate
0.68%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,607
Property Tax$181
Insurance$132
Total Monthly$1,920
Historical Home Prices
2015
$181.1K
2016
$186.4K
+2.9%%
2017
$193.0K
+3.6%%
2018
$203.9K
+5.7%%
2019
$217.3K
+6.5%%
2020
$236.7K
+9.0%%
2021
$267.9K
+13.2%%
2022
$288.2K
+7.6%%
2023
$301.9K
+4.7%%
2024
$312.7K
+3.6%%
2025
$316.7K
+1.3%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.8%%

Below national average

Population Density
415

People per square mile

Homicide Rate
2.8

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
80%
Black
4.1%
Hispanic
11.3%
Asian
1.3%
Two or More Races
3%

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

Climate & Environment

Average Temperature
50°F

Annual average

Sunny Days
199

Days per year

Annual Rainfall
39.2"

Inches per year

Natural Disaster Risk
High Risk

Score: 81/100

Frequently Asked Questions

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

The median home price in Porter County, Indiana is $317.8K. The price-to-income ratio is 3.7x, meaning the median home costs 3.7 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $82.3K per year to buy the median home in Porter County, IN. Monthly housing costs break down to $1,607 for mortgage, $181 for property tax, and $132 for insurance.

What is the property tax rate in Porter County?

The effective property tax rate in Porter County is 0.68%, which comes to approximately $2,172 per year on the median home.

What is the median household income in Porter County?

The median household income in Porter County, Indiana is $85.8K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.8%%.

Is Porter County a good place to live?

Porter County, Indiana has a population of 173.4K. Housing affordability is strong with a price-to-income ratio of 3.7x. The climate averages 50 degrees F with 199 sunny days per year. Compare Porter County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.