Larwill, IN

Full City Profile · Indiana · Whitley County County

3.5 /5.0
B+ Good
421 Population 2,339/sq mi density
$61,250 Median Income $22,938 per capita
$85,400 Home Value $321,856 Zillow
$1,023 Median Rent 51.0% income on rent
49°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
D
Economy
1.8 / 5.0
$61,250 median income, 11.0% unemployment
A+
Affordability
5.0 / 5.0
$85,400 home value, $1,023/mo rent
B+
Education
3.8 / 5.0
35.0% bachelor's degree or higher

Housing Overview

Median Home Value
$85,400
70% below
US avg: $281,900
Median Rent
$1,023/mo
12% below
US avg: $1,163/mo
Homeownership Rate
71.8%
10% above US avg (65.4%)
Total Housing Units
128
Median year built: 1938

Home Value by Source

Census Median
$85,400
Zillow (ZHVI)
$321,856
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.8%
Owner-Occupied
28.2%
Renter-Occupied
72%
28%
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: $1,023/mo

Affordability & Housing Stock

Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
71.8%

Complete Housing Data

Home Values

Census Median Value$85,400
Zillow Home Value (ZHVI)$321,856

Rent

Census Median Rent$1,023
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-Occupied71.8%
Renter-Occupied28.2%
Homeownership Rate71.8%
Total Housing Units128
Median Year Built1938
Rent Burden51.0%