C+

Freetown, IN

Source:

Affordability Score: 60/100

Population: 1,784 · 1 ZIP codes

The affordability dashboard for Freetown, IN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,784 residents, then layers in county-level federal data to produce an overall grade of C+ (60/100). The headline inputs are median household income of $73,963, median home value of $240,300, median rent of $687 per month, and 16.3% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,059 per month (studio $802, 1BR $807, 3BR $1,328, 4BR $1,402).

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Freetown, IN include rent. Pressure points are education. Unemployment currently reads 12.3% and poverty 17.4% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C+
$73,963
Median household income
Education F
16.3%
Bachelor's degree or higher
Housing C
3.2x
Home value $240,300 vs income
Commute N/A
N/A
Average commute time
Rent A
$1,059/mo
2BR fair market rent (17% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare N/A
N/A
Center-based infant care cost

Income & Employment

Median Income
$73,963
▲ 19% vs national
Per Capita Income
$30,542
Unemployment Rate
12.3%
Poverty Rate
17.4%

Housing

Median Home Value
$240,300
▼ 13% vs national
Median Rent
$687/mo
Owner Occupied
93.8%
2BR Fair Market Rent
$1,059/mo
▼ 12% vs national

Fair Market Rents by Bedroom

Studio
$802
1BR
$807
2BR
$1,059
3BR
$1,328
4BR
$1,402

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
16.3%
▼ 14 ppt vs national
High School+
76.0%
Median Age
54.8
Avg. Commute

Childcare Costs

Infant (Center)
Toddler (Center)
Preschool (Center)
School-Age (Center)

What This Means

Freetown, IN receives an overall affordability grade of C+ (60/100), aggregated from 1 ZIP codes with a total population of 1,784. This area performs well in rent. Challenges include education. Data was unavailable for commute, safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Freetown ZIP Codes
View all 1 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Freetown, IN affordable?
Freetown, IN receives an overall affordability grade of C+ (60/100) based on Census, HUD, FBI, and DOL data. Median household income is $73,963. Median home value is $240,300.
What is the cost of living in Freetown?
Key cost metrics: Median rent $687/mo. 2BR fair market rent $1,059/mo. Median home value $240,300.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →