Randolph County, IN

Comprehensive housing, income, and cost of living data for Randolph County, Indiana. Population: 24.6K.

Median Home Price
$160.3K

Based on 9 cities

Median Household Income
$61.1K

Annual household income

Price-to-Income Ratio
2.6x

Highly affordable

Salary Needed to Buy
$40.7K

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

Housing & Finance

Annual Property Tax
$881

Average annual amount

Effective Tax Rate
0.55%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$810
Property Tax$73.42
Insurance$66.78
Total Monthly$951
Historical Home Prices
2015
$73.6K
2016
$77.6K
+5.5%%
2017
$79.2K
+2.0%%
2018
$84.5K
+6.7%%
2019
$91.5K
+8.3%%
2020
$100.3K
+9.5%%
2021
$115.7K
+15.4%%
2022
$124.6K
+7.7%%
2023
$126.6K
+1.6%%
2024
$135.0K
+6.6%%
2025
$146.9K
+8.8%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.9%%

Below national average

Population Density
54

People per square mile

Homicide Rate
13.0

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
90.8%
Black
0.8%
Hispanic
5%
Asian
0.4%
Two or More Races
1.9%

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

Climate & Environment

Average Temperature
51°F

Annual average

Sunny Days
174

Days per year

Annual Rainfall
41.7"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 32/100

Frequently Asked Questions

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

The median home price in Randolph County, Indiana is $160.3K. 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 Randolph County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $40.7K per year to buy the median home in Randolph County, IN. Monthly housing costs break down to $810 for mortgage, $73.42 for property tax, and $66.78 for insurance.

What is the property tax rate in Randolph County?

The effective property tax rate in Randolph County is 0.55%, which comes to approximately $881 per year on the median home.

What is the median household income in Randolph County?

The median household income in Randolph County, Indiana is $61.1K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.9%%.

Is Randolph County a good place to live?

Randolph County, Indiana has a population of 24.6K. Housing affordability is strong with a price-to-income ratio of 2.6x. The climate averages 51 degrees F with 174 sunny days per year. Compare Randolph County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.