Granger, IN

Average · 96

Indiana · Population 30,279 · Updated March 2026

$1,381
Median Rent / Month
$117,348
Median Income
$302,500
Median Home Value
$1,333
Owner Costs / Month

Affordability

How far your income goes in Granger

14.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Indiana

State-level tax rates that affect your costs

3.05%
Income Tax (Top Rate)
7.0%
Sales Tax
0.83%
Property Tax Rate

Estimated Annual Costs

$16,572
Annual Rent
$3,579
State Income Tax
$2,511
Property Tax (est.)

Cost of Living Overview

Granger has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 96 (where 100 equals the national median), Granger residents can expect to pay median rent of $1,381/month while earning a median household income of $117,348/year.

The median home value in Granger, IN is $302,500, with typical monthly owner costs around $1,333 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Indiana has a moderate income tax rate of 3.05%. Combined with a 7.0% sales tax rate and 0.83% effective property tax rate, the overall tax environment is a factor in the total cost of living in Granger.

Frequently Asked Questions

Common questions about living costs in Granger

What is the cost of living in Granger, IN?
The cost of living index in Granger, IN is 96 (US average = 100). Median monthly rent is $1,381, median household income is $117,348/year, and the median home value is $302,500.
Is Granger, IN affordable?
Yes, Granger is more affordable than the national average with a cost index of 96. The rent-to-income ratio is 14.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Granger, IN?
The median gross rent in Granger, IN is $1,381 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,572.
What is the median household income in Granger?
The median household income in Granger, IN is $117,348 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Indiana?
Indiana has a top income tax rate of 3.05%, a sales tax of 7.0%, and an effective property tax rate of 0.83%.