Steuben County, IN

Comprehensive housing, income, and cost of living data for Steuben County, Indiana. Population: 34.5K.

Median Home Price
$274.9K

Based on 6 cities

Median Household Income
$71.5K

Annual household income

Price-to-Income Ratio
3.8x

Moderately affordable

Salary Needed to Buy
$68.7K

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

Housing & Finance

Annual Property Tax
$1,188

Average annual amount

Effective Tax Rate
0.43%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,390
Property Tax$99.00
Insurance$115
Total Monthly$1,604
Historical Home Prices
2015
$152.3K
2016
$158.7K
+4.2%%
2017
$169.3K
+6.7%%
2018
$177.9K
+5.0%%
2019
$186.7K
+5.0%%
2020
$207.5K
+11.1%%
2021
$247.6K
+19.4%%
2022
$260.5K
+5.2%%
2023
$273.2K
+4.9%%
2024
$285.8K
+4.6%%
2025
$297.2K
+4.0%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
3.0%%

Below national average

Population Density
112

People per square mile

Homicide Rate
14.4

Medium (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
91.9%
Black
0.8%
Hispanic
4.3%
Asian
0.1%
Two or More Races
2.4%

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

Climate & Environment

Average Temperature
49°F

Annual average

Sunny Days
175

Days per year

Annual Rainfall
37.8"

Inches per year

Natural Disaster Risk
Moderate Risk

Score: 27/100

Frequently Asked Questions

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

The median home price in Steuben County, Indiana is $274.9K. The price-to-income ratio is 3.8x, meaning the median home costs 3.8 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $68.7K per year to buy the median home in Steuben County, IN. Monthly housing costs break down to $1,390 for mortgage, $99.00 for property tax, and $115 for insurance.

What is the property tax rate in Steuben County?

The effective property tax rate in Steuben County is 0.43%, which comes to approximately $1,188 per year on the median home.

What is the median household income in Steuben County?

The median household income in Steuben County, Indiana is $71.5K per year, based on Census Bureau American Community Survey data. The unemployment rate is 3.0%%.

Is Steuben County a good place to live?

Steuben County, Indiana has a population of 34.5K. Housing affordability is strong with a price-to-income ratio of 3.8x. The climate averages 49 degrees F with 175 sunny days per year. Compare Steuben County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.