Zionsville, IN

Very High · 142

Indiana · Population 31,442 · Updated March 2026

$1,635
Median Rent / Month
$159,126
Median Income
$543,800
Median Home Value
$2,018
Owner Costs / Month

Affordability

How far your income goes in Zionsville

12.3%
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

$19,620
Annual Rent
$4,853
State Income Tax
$4,514
Property Tax (est.)

Cost of Living Overview

Zionsville has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 142 (where 100 equals the national median), Zionsville residents can expect to pay median rent of $1,635/month while earning a median household income of $159,126/year.

The median home value in Zionsville, IN is $543,800, with typical monthly owner costs around $2,018 including mortgage, insurance, and taxes. The median rent-to-income ratio of 12.3% 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 Zionsville.

Frequently Asked Questions

Common questions about living costs in Zionsville

What is the cost of living in Zionsville, IN?
The cost of living index in Zionsville, IN is 142 (US average = 100). Median monthly rent is $1,635, median household income is $159,126/year, and the median home value is $543,800.
Is Zionsville, IN affordable?
No, Zionsville is more expensive than the national average with a cost index of 142. The rent-to-income ratio is 12.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Zionsville, IN?
The median gross rent in Zionsville, IN is $1,635 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,620.
What is the median household income in Zionsville?
The median household income in Zionsville, IN is $159,126 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%.