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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
96%
4%
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-Occupied96.3%
Renter-Occupied3.7%
Homeownership Rate96.3%
Total Housing Units437
Median Year Built1978
Rent Burden27.1%