Huntington, IN

Very Low · 51

Indiana · Population 17,026 · Updated March 2026

$852
Median Rent / Month
$51,220
Median Income
$104,300
Median Home Value
$863
Owner Costs / Month

Affordability

How far your income goes in Huntington

20.0%
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

$10,224
Annual Rent
$1,562
State Income Tax
$866
Property Tax (est.)

Cost of Living Overview

Huntington is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 51 (where 100 equals the national median), Huntington residents can expect to pay median rent of $852/month while earning a median household income of $51,220/year.

The median home value in Huntington, IN is $104,300, with typical monthly owner costs around $863 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.0% 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 Huntington.

Frequently Asked Questions

Common questions about living costs in Huntington

What is the cost of living in Huntington, IN?
The cost of living index in Huntington, IN is 51 (US average = 100). Median monthly rent is $852, median household income is $51,220/year, and the median home value is $104,300.
Is Huntington, IN affordable?
Yes, Huntington is more affordable than the national average with a cost index of 51. The rent-to-income ratio is 20.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Huntington, IN?
The median gross rent in Huntington, IN is $852 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $10,224.
What is the median household income in Huntington?
The median household income in Huntington, IN is $51,220 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%.