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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
90%
10%
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-Occupied90.0%
Renter-Occupied10.0%
Homeownership Rate90.0%
Total Housing Units286
Median Year Built1951
Rent Burden13.4%