La Paz, IN
Full City Profile · Indiana · Marshall County County
2.9
/5.0
C+
Fair
498
Population
1,277/sq mi density
$75,750
Median Income
$30,935 per capita
$121,900
Home Value
$272,694 Zillow
$634
Median Rent
13.4% income on rent
50°F
Avg Temperature
275 sunny days/yr
140
Violent Crime/100K
2,132 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$75,750 median income, 2.7% unemployment
A+
Affordability
5.0 / 5.0
$121,900 home value, $634/mo rent
F
Safety
1.0 / 5.0
140 violent crimes/100K
D
Education
1.6 / 5.0
7.0% bachelor's degree or higher
Housing Overview
Median Home Value
$121,900
57% below
US avg: $281,900
Median Rent
$634/mo
45% below
US avg: $1,163/mo
Homeownership Rate
90.0%
38% above US avg (65.4%)
Total Housing Units
286
Median year built: 1951
Home Value by Source
Census Median
$121,900
Zillow (ZHVI)
$272,694
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.0%
Owner-Occupied
10.0%
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:
$634/mo
Affordability & Housing Stock
Rent Burden
13.4%
of renters spending 30%+ of income on housing
57% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
90.0%
Complete Housing Data
Home Values
| Census Median Value | $121,900 |
| Zillow Home Value (ZHVI) | $272,694 |
Rent
| Census Median Rent | $634 |
| 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 | 90.0% |
| Renter-Occupied | 10.0% |
| Homeownership Rate | 90.0% |
| Total Housing Units | 286 |
| Median Year Built | 1951 |
| Rent Burden | 13.4% |
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