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Michigantown, IN
Full City Profile · Indiana · Clinton County County
3.0
/5.0
B
Good
470
Population
1,741/sq mi density
$73,214
Median Income
$30,645 per capita
$125,000
Home Value
$223,984 Zillow
$963
Median Rent
18.3% income on rent
51°F
Avg Temperature
275 sunny days/yr
123
Violent Crime/100K
5,066 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$73,214 median income, 0.3% unemployment
A+
Affordability
5.0 / 5.0
$125,000 home value, $963/mo rent
F
Safety
1.0 / 5.0
123 violent crimes/100K
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher
Housing Overview
Median Home Value
$125,000
56% below
US avg: $281,900
Median Rent
$963/mo
17% below
US avg: $1,163/mo
Homeownership Rate
67.8%
4% above US avg (65.4%)
Total Housing Units
201
Median year built: 1951
Home Value by Source
Census Median
$125,000
Zillow (ZHVI)
$223,984
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.8%
Owner-Occupied
32.2%
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:
$963/mo
Affordability & Housing Stock
Rent Burden
18.3%
of renters spending 30%+ of income on housing
41% below US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
67.8%
Complete Housing Data
Home Values
| Census Median Value | $125,000 |
| Zillow Home Value (ZHVI) | $223,984 |
Rent
| Census Median Rent | $963 |
| 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 | 67.8% |
| Renter-Occupied | 32.2% |
| Homeownership Rate | 67.8% |
| Total Housing Units | 201 |
| Median Year Built | 1951 |
| Rent Burden | 18.3% |