Posey County, IN

Comprehensive housing, income, and cost of living data for Posey County, Indiana. Population: 25.2K.

Median Home Price
$207.9K

Based on 5 cities

Median Household Income
$79.1K

Annual household income

Price-to-Income Ratio
2.6x

Highly affordable

Salary Needed to Buy
$53.7K

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

Housing & Finance

Annual Property Tax
$1,370

Average annual amount

Effective Tax Rate
0.66%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,051
Property Tax$114
Insurance$86.64
Total Monthly$1,252
Historical Home Prices
2015
$126.6K
2016
$130.6K
+3.2%%
2017
$137.0K
+4.8%%
2018
$142.7K
+4.2%%
2019
$148.9K
+4.3%%
2020
$162.9K
+9.5%%
2021
$181.0K
+11.1%%
2022
$192.6K
+6.4%%
2023
$205.2K
+6.5%%
2024
$216.7K
+5.6%%
2025
$228.0K
+5.2%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.3%%

Below national average

Population Density
62

People per square mile

Homicide Rate
17.3

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
93.7%
Black
0.7%
Hispanic
1.5%
Asian
0.3%
Two or More Races
2.6%

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

Climate & Environment

Average Temperature
57°F

Annual average

Sunny Days
173

Days per year

Annual Rainfall
47.3"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 46/100

Frequently Asked Questions

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

The median home price in Posey County, Indiana is $207.9K. 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 Posey County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $53.7K per year to buy the median home in Posey County, IN. Monthly housing costs break down to $1,051 for mortgage, $114 for property tax, and $86.64 for insurance.

What is the property tax rate in Posey County?

The effective property tax rate in Posey County is 0.66%, which comes to approximately $1,370 per year on the median home.

What is the median household income in Posey County?

The median household income in Posey County, Indiana is $79.1K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.3%%.

Is Posey County a good place to live?

Posey County, Indiana has a population of 25.2K. Housing affordability is strong with a price-to-income ratio of 2.6x. The climate averages 57 degrees F with 173 sunny days per year. Compare Posey County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.