Letts, IN
Full City Profile · Indiana · Decatur County County
3.5
/5.0
B+
Good
53
Population
353/sq mi density
$61,071
Median Income
$42,942 per capita
54°F
Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$61,071 median income, 0.0% unemployment
B
Education
3.1 / 5.0
26.4% bachelor's degree or higher
Housing Overview
Homeownership Rate
71.1%
9% above US avg (65.4%)
Total Housing Units
60
Median year built: 1973
Ownership vs. Renting
71.1%
Owner-Occupied
28.9%
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
Affordability & Housing Stock
Rent Burden
20.8%
of renters spending 30%+ of income on housing
33% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
71.1%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $231,889 |
Rent
| 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 | 71.1% |
| Renter-Occupied | 28.9% |
| Homeownership Rate | 71.1% |
| Total Housing Units | 60 |
| Median Year Built | 1973 |
| Rent Burden | 20.8% |