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Cannelton, IN
Full City Profile · Indiana · Hancock County County
2.5
/5.0
C+
Fair
1,506
Population
1,018/sq mi density
$35,900
Median Income
$20,937 per capita
$85,600
Home Value
$156,378 Zillow
$719
Median Rent
36.2% income on rent
57°F
Avg Temperature
305 sunny days/yr
14
Violent Crime/100K
1,918 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.0 / 5.0
$35,900 median income, 7.3% unemployment
A+
Affordability
5.0 / 5.0
$85,600 home value, $719/mo rent
F
Safety
1.2 / 5.0
14 violent crimes/100K
D
Education
1.7 / 5.0
8.4% bachelor's degree or higher
Housing Overview
Median Home Value
$85,600
70% below
US avg: $281,900
Median Rent
$719/mo
38% below
US avg: $1,163/mo
Homeownership Rate
50.5%
23% below US avg (65.4%)
Total Housing Units
820
Median year built: 1959
Home Value by Source
Census Median
$85,600
Zillow (ZHVI)
$156,378
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
50.5%
Owner-Occupied
49.5%
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:
$719/mo
Affordability & Housing Stock
Rent Burden
36.2%
of renters spending 30%+ of income on housing
17% above US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
50.5%
Complete Housing Data
Home Values
| Census Median Value | $85,600 |
| Zillow Home Value (ZHVI) | $156,378 |
Rent
| Census Median Rent | $719 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 50.5% |
| Renter-Occupied | 49.5% |
| Homeownership Rate | 50.5% |
| Total Housing Units | 820 |
| Median Year Built | 1959 |
| Rent Burden | 36.2% |