housing costs · Indiana
Housing costs in Morgan 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 | $1,042 | ± $60 | evidence → |
| 2019–2023 | $988 | ± $35 | evidence → |
| 2018–2022 | $952 | ± $37 | evidence → |
| 2017–2021 | $845 | ± $31 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $237,600 | ± $5,614 | evidence → |
| 2019–2023 | $220,100 | ± $5,272 | evidence → |
| 2018–2022 | $200,600 | ± $5,822 | evidence → |
| 2017–2021 | $172,800 | ± $4,967 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 29.2 % | ± 2.3 % | evidence → |
| 2019–2023 | 29.0 % | ± 1.9 % | evidence → |
| 2018–2022 | 27.1 % | ± 1.8 % | evidence → |
| 2017–2021 | 25.2 % | ± 2.0 % | evidence → |
In context
Median rent in Morgan County is $1,042, 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.