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Tippecanoe County Housing Market

Indiana · 92 counties · Ranked #2095 in home value

Below National Avg

Housing at a Glance

Median Home Value

$217,600

vs national$217,600 vs $281,900 national

Median Gross Rent

$1,088/mo

vs national$1,088 vs $1,163 national

Effective Tax Rate

0.62%

vs national0.62% vs 1.02% national

Median Household Income

$58,622

vs national$58,622 vs $74,755 national

Affordability Ratio

3.7x

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

Rent Burden

33.0%

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

More Housing Data

Property Tax (Median)

$1,355

Tax as % of Home Value

0.62%

Monthly Owner Cost

$1,030

Renter Income

$35,264

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Frequently Asked Questions

What is the median home value in Tippecanoe County?

The median home value in Tippecanoe County is $217,600. This is below the national median of $281,900.

How much is rent in Tippecanoe County?

The median gross rent in Tippecanoe County is $1,088 per month.

What is the property tax rate in Tippecanoe County?

The effective property tax rate in Tippecanoe County is 0.62%. The median annual property tax bill is $1,355.

Is Tippecanoe County affordable?

With a home-value-to-income ratio of 3.7x, Tippecanoe 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.