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Anderson, IN
Full City Profile · Indiana · Madison County County
2.8
/5.0
C+
Fair
54,930
Population
1,318/sq mi density
$47,221
Median Income
$28,479 per capita
$104,300
Home Value
$131,966 Zillow
$909
Median Rent
29.9% income on rent
53°F
Avg Temperature
275 sunny days/yr
441
Violent Crime/100K
3,818 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$47,221 median income, 4.3% unemployment
A+
Affordability
5.0 / 5.0
$104,300 home value, $909/mo rent
F
Safety
1.0 / 5.0
441 violent crimes/100K (16% above avg)
C
Education
2.3 / 5.0
16.1% bachelor's degree or higher
Housing Overview
Median Home Value
$104,300
63% below
US avg: $281,900
Median Rent
$909/mo
22% below
US avg: $1,163/mo
Homeownership Rate
55.5%
15% below US avg (65.4%)
Total Housing Units
27,439
Median year built: 1961
Home Value by Source
Census Median
$104,300
Zillow (ZHVI)
$131,966
Median Sale Price
$160,000
Median List Price
$142,600
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.5%
Owner-Occupied
44.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$909/mo
· Zillow rent:
$1,060/mo
Market Indicators (Redfin)
Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
53
Price Drops
27.7%
of listings with price reduction
Price Per Sq Ft
$104
Active Inventory
141
homes for sale
Affordability & Housing Stock
Rent Burden
29.9%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
55.5%
Complete Housing Data
Home Values
| Census Median Value | $104,300 |
| Zillow Home Value (ZHVI) | $131,966 |
| Median Sale Price | $160,000 |
| Median List Price | $142,600 |
| Price Per Sq Ft | $104 |
Rent
| Census Median Rent | $909 |
| Zillow Rent (ZORI) | $1,060 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 42 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.7% |
| Homes Sold | 53 |
| Active Inventory | 141 |
| Price Per Sq Ft | $104 |
Ownership & Stock
| Owner-Occupied | 55.5% |
| Renter-Occupied | 44.5% |
| Homeownership Rate | 55.5% |
| Total Housing Units | 27,439 |
| Median Year Built | 1961 |
| Rent Burden | 29.9% |