MyNeighborhood

Can you afford to live in Evansville?

Median household income, home values and rent in Evansville, IN — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Evansville.

Median household income: $52,251 — +46.0% since 2015 (not adjusted for inflation)

Median gross rent: $949/mo — +35.2% since 2015

Median home value, 2015 to 2023

  • 2015: 89200
  • 2023: 129100

Median household income

  • Evansville: 52251
  • Vanderburgh County: 60938
  • IN: 70051
  • U.S.: 78538

Median gross rent

  • Evansville: 949
  • Vanderburgh County: 964
  • IN: 1020
  • U.S.: 1348

Share of income a typical renter spends on rent: 28.5% — U.S.: 30.2%

What it means

The typical household here earns $52,251 — far lower than the national figure of $78,538.

The typical renter here spends 28.5% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+46.0% versus +35.2%), before adjusting for inflation.

Sources

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