housing costs · Indiana
Housing costs in Hancock County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $1,203 | ± $67 | evidence → |
| 2019–2023 | $1,121 | ± $45 | evidence → |
| 2018–2022 | $1,058 | ± $58 | evidence → |
| 2017–2021 | $983 | ± $62 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $274,800 | ± $7,160 | evidence → |
| 2019–2023 | $258,100 | ± $7,036 | evidence → |
| 2018–2022 | $235,500 | ± $5,679 | evidence → |
| 2017–2021 | $195,300 | ± $6,564 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 26.3 % | ± 2.0 % | evidence → |
| 2019–2023 | 25.4 % | ± 3.0 % | evidence → |
| 2018–2022 | 25.1 % | ± 2.6 % | evidence → |
| 2017–2021 | 25.5 % | ± 3.0 % | evidence → |
In context
Median rent in Hancock County is $1,203, above the Indiana median of $866 across 92 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.