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Hendricks County Housing Market

Indiana · 92 counties · Ranked #2563 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$281,500

vs national$281,500 vs $281,900 national

Median Gross Rent

$1,364/mo

vs national+$1,364 vs $1,163 national

Effective Tax Rate

0.83%

vs national0.83% vs 1.02% national

Median Household Income

$99,988

vs national+$99,988 vs $74,755 national

Affordability Ratio

2.8x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$2,344

Tax as % of Home Value

0.83%

Monthly Owner Cost

$1,371

Renter Income

$60,756

Frequently Asked Questions

What is the median home value in Hendricks County?
The median home value in Hendricks County is $281,500. This is below the national median of $281,900.
How much is rent in Hendricks County?
The median gross rent in Hendricks County is $1,364 per month.
What is the property tax rate in Hendricks County?
The effective property tax rate in Hendricks County is 0.83%. The median annual property tax bill is $2,344.
Is Hendricks County affordable?
With a home-value-to-income ratio of 2.8x, Hendricks 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.