Cost of Living in Parke County, IN

What does it cost to live in Parke County? Income, housing, and affordability breakdown.

Median Income

$63,393

Median Rent

$780/mo

Median Home

$121,500

Affordability

748

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$614
Property Tax$51
Insurance$41

Total Monthly$706
% of Income13.4%

Renting

Median Rent$780
Renter's Insurance$25

Total Monthly$805
% of Income14.8%

Living in Parke County, Indiana

Parke County has a median household income of $63,393 with housing costs that represent 13.4% of income for owners and 14.8% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 748 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Indiana

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.