Middlebury, IN
Full City Profile · Indiana · Clay County County
4.7
/5.0
A+
Excellent
126
Population
11,503/sq mi density
$61,406
Median Income
$26,673 per capita
$91,900
Home Value
$386,599 Zillow
54°F
Avg Temperature
A+
Overall
4.7 / 5.0
Strong
A
Economy
4.2 / 5.0
$61,406 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$91,900 home value, /mo rent
A+
Education
5.0 / 5.0
0.0% bachelor's degree or higher
Housing Overview
Median Home Value
$91,900
67% below
US avg: $281,900
Homeownership Rate
80.8%
24% above US avg (65.4%)
Total Housing Units
65
Median year built: 1938
Home Value by Source
Census Median
$91,900
Zillow (ZHVI)
$386,599
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.8%
Owner-Occupied
19.2%
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
Affordability & Housing Stock
Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
80.8%
Complete Housing Data
Home Values
| Census Median Value | $91,900 |
| Zillow Home Value (ZHVI) | $386,599 |
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 | 80.8% |
| Renter-Occupied | 19.2% |
| Homeownership Rate | 80.8% |
| Total Housing Units | 65 |
| Median Year Built | 1938 |
| Rent Burden | 24.1% |