Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Bourbon town, Indiana?
City · Census ACS 5-Year estimates
The median gross rent in Bourbon town, Indiana is $891/month (±$176), based on Census ACS 5-Year estimates (2024). The median home value is $164,400 (±$7,401), and the median household income is $73,510/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Bourbon town, Indiana
| Metric | Value |
|---|---|
| Median Gross Rent | $891 |
| Median Home Value | $164,400 |
| Median Household Income | $73,510 |
| Total Housing Units | 703 |
| Renter-Occupied Units | 228 |
| Renter-Occupied Share | 32% |
| Households Paying 50%+ Income | 21 households |
How does Bourbon town, Indiana compare?
Median gross rent ranked against all cities in Indiana.
Higher rent than 51% of cities in Indiana · 271th of 551
| # | City | Value |
|---|---|---|
| 1 | Cloverland CDP | $3,501 |
| 2 | Aberdeen CDP | $2,109 |
| 3 | Whitestown town | $1,842 |
| … 267 more … | ||
| 271 | Bourbon town(you are here) | $891 |
| … 277 more … | ||
| 549 | Spring Grove town | $437 |
| 550 | Camden town | $392 |
| 551 | Shoals town | $383 |
More data for Bourbon town, Indiana
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Frequently asked questions
What is the average rent in Bourbon town, Indiana?
The median gross rent in Bourbon town, Indiana is $891/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Bourbon town, Indiana?
The median rent for a 2-bedroom in Bourbon town, Indiana is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Bourbon town, Indiana?
The median home value in Bourbon town, Indiana is $164,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Bourbon town are rent-burdened?
In Bourbon town, Indiana, 21 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Bourbon town, Indiana?
The median household income in Bourbon town, Indiana is $73,510/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $891 has a margin of error of ±$176. In very small areas, MOEs can be large relative to the estimate.
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