Parker City, IN

Full City Profile · Indiana · Randolph County County

3.3 /5.0
B Good
1,236 Population 2,131/sq mi density
$56,875 Median Income $24,194 per capita
$91,700 Home Value $183,971 Zillow
$796 Median Rent 27.5% income on rent
51°F Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$56,875 median income, 6.0% unemployment
A+
Affordability
5.0 / 5.0
$91,700 home value, $796/mo rent
D
Education
1.9 / 5.0
11.1% bachelor's degree or higher

Housing Overview

Median Home Value
$91,700
67% below
US avg: $281,900
Median Rent
$796/mo
32% below
US avg: $1,163/mo
Homeownership Rate
71.7%
10% above US avg (65.4%)
Total Housing Units
505
Median year built: 1960

Home Value by Source

Census Median
$91,700
Zillow (ZHVI)
$183,971
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.7%
Owner-Occupied
28.3%
Renter-Occupied
72%
28%
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: $796/mo

Affordability & Housing Stock

Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
71.7%

Complete Housing Data

Home Values

Census Median Value$91,700
Zillow Home Value (ZHVI)$183,971

Rent

Census Median Rent$796
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-Occupied71.7%
Renter-Occupied28.3%
Homeownership Rate71.7%
Total Housing Units505
Median Year Built1960
Rent Burden27.5%