Noblesville, IN

Average · 99

Indiana · Population 71,940 · Updated March 2026

$1,284
Median Rent / Month
$102,319
Median Income
$321,800
Median Home Value
$1,511
Owner Costs / Month

Affordability

How far your income goes in Noblesville

15.1%
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

$15,408
Annual Rent
$3,121
State Income Tax
$2,671
Property Tax (est.)

Cost of Living Overview

Noblesville has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 99 (where 100 equals the national median), Noblesville residents can expect to pay median rent of $1,284/month while earning a median household income of $102,319/year.

The median home value in Noblesville, IN is $321,800, with typical monthly owner costs around $1,511 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.1% 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 Noblesville.

Frequently Asked Questions

Common questions about living costs in Noblesville

What is the cost of living in Noblesville, IN?
The cost of living index in Noblesville, IN is 99 (US average = 100). Median monthly rent is $1,284, median household income is $102,319/year, and the median home value is $321,800.
Is Noblesville, IN affordable?
Yes, Noblesville is more affordable than the national average with a cost index of 99. The rent-to-income ratio is 15.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Noblesville, IN?
The median gross rent in Noblesville, IN is $1,284 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,408.
What is the median household income in Noblesville?
The median household income in Noblesville, IN is $102,319 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%.