Miami, IN

Full City Profile · Indiana · Howard County County

3.4 /5.0
B Good
573 Population 3,371/sq mi density
$96,442 Median Income $36,381 per capita
$459 Median Rent 51.0% income on rent
51°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$96,442 median income, 26.8% unemployment
A+
Affordability
5.0 / 5.0
F
Education
1.5 / 5.0
6.0% bachelor's degree or higher

Housing Overview

Median Rent
$459/mo
61% below
US avg: $1,163/mo
Homeownership Rate
70.2%
7% above US avg (65.4%)
Total Housing Units
194
Median year built: 1947

Ownership vs. Renting

70.2%
Owner-Occupied
29.8%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$685/mo
1 Bedroom
$773/mo
2 Bedroom
$956/mo
3 Bedroom
$1,146/mo
4 Bedroom
$1,358/mo
Census median rent: $459/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
1947
Average age of housing stock: 79 years
Homeownership Rate
70.2%

Complete Housing Data

Home Values

Zillow Home Value (ZHVI)$185,601

Rent

Census Median Rent$459
FMR Studio$685
FMR 1-Bedroom$773
FMR 2-Bedroom$956
FMR 3-Bedroom$1,146
FMR 4-Bedroom$1,358

Market

Ownership & Stock

Owner-Occupied70.2%
Renter-Occupied29.8%
Homeownership Rate70.2%
Total Housing Units194
Median Year Built1947
Rent Burden51.0%