C-

Michigantown, IN

Source:

Affordability Score: 52/100

Population: 1,179 · 1 ZIP codes

The affordability dashboard for Michigantown, IN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,179 residents, then layers in county-level federal data to produce an overall grade of C- (52/100). The headline inputs are median household income of $53,173, median home value of $187,600, median rent of $905 per month, and 28.6% 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 $1,007 per month (studio $731, 1BR $804, 3BR $1,328, 4BR $1,343).

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. Unemployment currently reads 0.8% and poverty 6.9% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income F
$53,173
Median household income
Education D
28.6%
Bachelor's degree or higher
Housing D
3.5x
Home value $187,600 vs income
Commute N/A
N/A
Average commute time
Rent B
$1,007/mo
2BR fair market rent (23% 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
$53,173
▼ 14% vs national
Per Capita Income
$34,676
Unemployment Rate
0.8%
Poverty Rate
6.9%

Housing

Median Home Value
$187,600
▼ 32% vs national
Median Rent
$905/mo
Owner Occupied
70.8%
2BR Fair Market Rent
$1,007/mo
▼ 16% vs national

Fair Market Rents by Bedroom

Studio
$731
1BR
$804
2BR
$1,007
3BR
$1,328
4BR
$1,343

Safety

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

Education & Family

Bachelor's Degree+
28.6%
▼ 1 ppt vs national
High School+
80.6%
Median Age
45.7
Avg. Commute

Childcare Costs

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

What This Means

Michigantown, IN receives an overall affordability grade of C- (52/100), aggregated from 1 ZIP codes with a total population of 1,179. Data was unavailable for commute, safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Michigantown ZIP Codes
View all 1 ZIP codes with demographics and individual scorecards
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What are common questions about this dashboard?

Is Michigantown, IN affordable?
Michigantown, IN receives an overall affordability grade of C- (52/100) based on Census, HUD, FBI, and DOL data. Median household income is $53,173. Median home value is $187,600.
What is the cost of living in Michigantown?
Key cost metrics: Median rent $905/mo. 2BR fair market rent $1,007/mo. Median home value $187,600.
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 →