C+

Hamilton, IN

Source:

Affordability Score: 64/100

Population: 3,488 · 1 ZIP codes

The affordability dashboard for Hamilton, IN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 3,488 residents, then layers in county-level federal data to produce an overall grade of C+ (64/100). The headline inputs are median household income of $78,750, median home value of $250,500, median rent of $968 per month, and 28.9% 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 $1,036 per month (studio $784, 1BR $790, 3BR $1,337, 4BR $1,372).

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 Hamilton, IN include rent. Unemployment currently reads 2.8% and poverty 5.3% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B-
$78,750
Median household income
Education D
28.9%
Bachelor's degree or higher
Housing C+
3.2x
Home value $250,500 vs income
Commute D
28 min
Average commute time
Rent A
$1,036/mo
2BR fair market rent (16% 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
$78,750
▲ 27% vs national
Per Capita Income
$45,431
Unemployment Rate
2.8%
Poverty Rate
5.3%

Housing

Median Home Value
$250,500
▼ 9% vs national
Median Rent
$968/mo
Owner Occupied
79.6%
2BR Fair Market Rent
$1,036/mo
▼ 14% vs national

Fair Market Rents by Bedroom

Studio
$784
1BR
$790
2BR
$1,036
3BR
$1,337
4BR
$1,372

Safety

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

Education & Family

Bachelor's Degree+
28.9%
▼ 1 ppt vs national
High School+
64.4%
Median Age
50.4
Avg. Commute
28 min
▲ 2 min vs national

Childcare Costs

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

What This Means

Hamilton, IN receives an overall affordability grade of C+ (64/100), aggregated from 1 ZIP codes with a total population of 3,488. This area performs well in rent. Data was unavailable for safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Hamilton, IN affordable?
Hamilton, IN receives an overall affordability grade of C+ (64/100) based on Census, HUD, FBI, and DOL data. Median household income is $78,750. Median home value is $250,500.
What is the cost of living in Hamilton?
Key cost metrics: Median rent $968/mo. 2BR fair market rent $1,036/mo. Median home value $250,500.
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 →