Painted Hills, IN
Full City Profile · Indiana · Morgan County County
3.6
/5.0
B+
Good
983
Population
568/sq mi density
$90,662
Median Income
$59,621 per capita
$241,600
Home Value
$284,384 Zillow
52°F
Avg Temperature
293 sunny days/yr
52
Violent Crime/100K
3,300 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$90,662 median income, 19.7% unemployment
A+
Affordability
5.0 / 5.0
$241,600 home value, /mo rent
F
Safety
1.0 / 5.0
52 violent crimes/100K
A+
Education
4.7 / 5.0
45.8% bachelor's degree or higher
Housing Overview
Median Home Value
$241,600
14% below
US avg: $281,900
Homeownership Rate
96.3%
47% above US avg (65.4%)
Total Housing Units
437
Median year built: 1978
Home Value by Source
Census Median
$241,600
Zillow (ZHVI)
$284,384
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.3%
Owner-Occupied
3.7%
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
27.1%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
96.3%
Complete Housing Data
Home Values
| Census Median Value | $241,600 |
| Zillow Home Value (ZHVI) | $284,384 |
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 | 96.3% |
| Renter-Occupied | 3.7% |
| Homeownership Rate | 96.3% |
| Total Housing Units | 437 |
| Median Year Built | 1978 |
| Rent Burden | 27.1% |
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