93 years of economic insights for Indiana

The IBR is a publication of the Indiana Business Research Center at IU's Kelley School of Business

Quick Facts about Hoosier Homes and Households

Medians

  • $41,567 is the median household income
  • $50,261 is the median family income
  • $94,300 is the median value of an owner-occupied home

Vehicles

  • 32.3 percent have one vehicle
  • 40.3 percent have two vehicles
  • 20.1 percent have three or more

Space

  • 2.3 percent of housing units have more than one person per room
  • 72.0 percent have less than one person per room—possible since the average household size is 2.5 persons and the average number of rooms per housing unit is 5.8.
  • The rental vacancy rate is 8.8 statewide.

Home Value

  • 3,566 homes in Indiana are valued at $1 million or more
  • 65,440 housing units have five or more bedrooms