Home/Indiana/Marion County

Marion County Housing Market

Indiana · 92 counties · Ranked #1981 in home value

Below National Avg

Housing at a Glance

Median Home Value

$207,000

vs national$207,000 vs $281,900 national

Median Gross Rent

$1,107/mo

vs national$1,107 vs $1,163 national

Effective Tax Rate

0.93%

vs national0.93% vs 1.02% national

Median Household Income

$63,450

vs national$63,450 vs $74,755 national

Affordability Ratio

3.3x

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

Rent Burden

30.0%

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

More Housing Data

Property Tax (Median)

$1,923

Tax as % of Home Value

0.93%

Monthly Owner Cost

$1,144

Renter Income

$42,861

Take Action

Property Tax

Lower Your Property Tax

Ownwell can help you appeal your property tax assessment. Average savings: $$288+/year.

Mortgage

Compare Mortgage Rates

See current mortgage rates from multiple lenders. Shop and compare to find your best rate.

Home Search

Browse Homes on Zillow

Search active listings in Marion County. See photos, prices, and open house dates.

Similar Counties by Home Value

Explore Related Data

Frequently Asked Questions

What is the median home value in Marion County?

The median home value in Marion County is $207,000. This is below the national median of $281,900.

How much is rent in Marion County?

The median gross rent in Marion County is $1,107 per month.

What is the property tax rate in Marion County?

The effective property tax rate in Marion County is 0.93%. The median annual property tax bill is $1,923.

Is Marion County affordable?

With a home-value-to-income ratio of 3.3x, Marion County is moderately 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.