Ripley County, IN

Comprehensive housing, income, and cost of living data for Ripley County, Indiana. Population: 29.0K.

Median Home Price
$263.1K

Based on 7 cities

Median Household Income
$71.1K

Annual household income

Price-to-Income Ratio
3.7x

Moderately affordable

Salary Needed to Buy
$65.9K

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

Housing & Finance

Annual Property Tax
$1,182

Average annual amount

Effective Tax Rate
0.45%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,331
Property Tax$98.50
Insurance$110
Total Monthly$1,539
Historical Home Prices
2015
$138.3K
2016
$142.4K
+3.0%%
2017
$147.8K
+3.8%%
2018
$157.5K
+6.6%%
2019
$169.0K
+7.3%%
2020
$187.1K
+10.7%%
2021
$219.8K
+17.4%%
2022
$232.5K
+5.8%%
2023
$237.5K
+2.1%%
2024
$249.5K
+5.1%%
2025
$264.0K
+5.8%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.8%%

Below national average

Population Density
65

People per square mile

Homicide Rate
16.1

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
94.7%
Black
0.2%
Hispanic
1.9%
Asian
0.5%
Two or More Races
2.3%

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

Climate & Environment

Average Temperature
53°F

Annual average

Sunny Days
154

Days per year

Annual Rainfall
47.3"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 47/100

Frequently Asked Questions

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

The median home price in Ripley County, Indiana is $263.1K. 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 Ripley County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $65.9K per year to buy the median home in Ripley County, IN. Monthly housing costs break down to $1,331 for mortgage, $98.50 for property tax, and $110 for insurance.

What is the property tax rate in Ripley County?

The effective property tax rate in Ripley County is 0.45%, which comes to approximately $1,182 per year on the median home.

What is the median household income in Ripley County?

The median household income in Ripley County, Indiana is $71.1K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.8%%.

Is Ripley County a good place to live?

Ripley County, Indiana has a population of 29.0K. Housing affordability is strong with a price-to-income ratio of 3.7x. The climate averages 53 degrees F with 154 sunny days per year. Compare Ripley County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.