Shipshewana, IN
Full City Profile · Indiana · LaGrange County County
3.0
/5.0
B
Good
902
Population
663/sq mi density
$57,679
Median Income
$35,919 per capita
$255,000
Home Value
$404,165 Zillow
$779
Median Rent
32.2% income on rent
49°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$57,679 median income, 5.9% unemployment
A
Affordability
4.2 / 5.0
$255,000 home value, $779/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher
Housing Overview
Median Home Value
$255,000
10% below
US avg: $281,900
Median Rent
$779/mo
33% below
US avg: $1,163/mo
Homeownership Rate
65.7%
0% below US avg (65.4%)
Total Housing Units
401
Median year built: 1981
Home Value by Source
Census Median
$255,000
Zillow (ZHVI)
$404,165
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.7%
Owner-Occupied
34.3%
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:
$779/mo
Affordability & Housing Stock
Rent Burden
32.2%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
65.7%
Complete Housing Data
Home Values
| Census Median Value | $255,000 |
| Zillow Home Value (ZHVI) | $404,165 |
Rent
| Census Median Rent | $779 |
| 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 | 65.7% |
| Renter-Occupied | 34.3% |
| Homeownership Rate | 65.7% |
| Total Housing Units | 401 |
| Median Year Built | 1981 |
| Rent Burden | 32.2% |