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Ripley County Housing Market

Indiana · 92 counties · Ranked #1954 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$205,300

vs national$205,300 vs $281,900 national

Median Gross Rent

$799/mo

vs national$799 vs $1,163 national

Effective Tax Rate

0.58%

vs national0.58% vs 1.02% national

Median Household Income

$71,084

vs national$71,084 vs $74,755 national

Affordability Ratio

2.9x

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

Rent Burden

28.0%

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

More Housing Data

Property Tax (Median)

$1,182

Tax as % of Home Value

0.58%

Monthly Owner Cost

$964

Renter Income

$35,593

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Frequently Asked Questions

What is the median home value in Ripley County?

The median home value in Ripley County is $205,300. This is below the national median of $281,900.

How much is rent in Ripley County?

The median gross rent in Ripley County is $799 per month.

What is the property tax rate in Ripley County?

The effective property tax rate in Ripley County is 0.58%. The median annual property tax bill is $1,182.

Is Ripley County affordable?

With a home-value-to-income ratio of 2.9x, Ripley 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.