Sunblest Blvd. in Fishers, listed for $349,000 and pending for sale.

https://www.census.gov/quickfacts/fact/table/US,marioncountyindiana,hamiltoncountyindiana,hendrickscountyindiana,johnsoncountyindiana,hancockcountyindiana/HSG860221

The US Census Bureau’s American Community Survey (ACS) is the best publicly available data source for housing data at the county level. The most recent survey covers 2017-21.

The metro Indy area’s housing costs are just 85% of the national average. Hamilton County’s housing costs are 28% higher than the metro average, but only 8% higher than the national average.

Hamilton County’s 40th percentile rent for this period is $1,265, 24% higher than the metro area. The median monthly cost for a homeowner with a mortgage is $1,823, 28% higher than the metro area.

77% of Hamilton County residents own their homes versus 65% in the metro area and in the national average. Hamilton County contains 22% of the owner-occupied homes (110,000) and 12% of the rental units in the metro area (34,000).

The Economic Policy Institute estimates the cost of modest housing in Hamilton County to be 32% above Marion County, less than the 41% indicated by the 128% to 90% ratios to the nation.

https://www.epi.org/resources/budget/?gclid=Cj0KCQjwxuCnBhDLARIsAB-cq1rnk521GaWh6Evp4LUs2TaA2Tgx_oufafn9ywPIV32tpToZ0f0FVpwaAhnMEALw_wcB

The Washington Post reports rental data by county through June, 2023. This also shows a 27% premium between Hamilton County and the weighted average for the 6 main Indy metro counties.

https://www.washingtonpost.com/business/interactive/2023/rent-prices-coming-down-near-me/

https://www.stats.indiana.edu/tools/col.asp?action=compute

https://www.stats.indiana.edu/about/coli.asp

Another source shows metro Indianapolis to have housing cost of living at 83% of the national average.

https://www.washingtonpost.com/business/interactive/2023/rent-prices-coming-down-near-me/

Hamilton County total housing starts have doubled between 2019 and 2022, not as fast as the national average for apartment units, but fast enough to have a cooling impact on rising rental prices.

Hamilton County’s $105,000 median household income is 50% higher than the national level of $70,000. The 28% premium of average housing costs is not a significant burden for the median household income family.

On the other hand, families with the $70,000 national median income or lower income do struggle to find affordable housing in the rental and owner occupied housing markets locally.

Local not-for-profit addressing attainable housing in Hamilton County

https://www.indystar.com/story/news/local/hamilton-county/2022/03/11/hamilton-county-housing-coalition-affordable-housing-noblesville-carmel-fishers-westfield/9441842002/