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Elkhart County Housing Market

Indiana · 92 counties · Ranked #1840 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$194,400

vs national$194,400 vs $281,900 national

Median Gross Rent

$1,023/mo

vs national$1,023 vs $1,163 national

Effective Tax Rate

0.82%

vs national0.82% vs 1.02% national

Median Household Income

$65,617

vs national$65,617 vs $74,755 national

Affordability Ratio

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,592

Tax as % of Home Value

0.82%

Monthly Owner Cost

$967

Renter Income

$38,045

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Frequently Asked Questions

What is the median home value in Elkhart County?

The median home value in Elkhart County is $194,400. This is below the national median of $281,900.

How much is rent in Elkhart County?

The median gross rent in Elkhart County is $1,023 per month.

What is the property tax rate in Elkhart County?

The effective property tax rate in Elkhart County is 0.82%. The median annual property tax bill is $1,592.

Is Elkhart County affordable?

With a home-value-to-income ratio of 3x, Elkhart County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.