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Spring Hill, IN

Full City Profile · Indiana · Marion County County

4.0 /5.0
A Great
68 Population 618/sq mi density
$134,375 Median Income $83,790 per capita
$327,300 Home Value $232,019 Zillow
54°F Avg Temperature 293 sunny days/yr
322 Violent Crime/100K 5,116 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$134,375 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$327,300 home value, /mo rent
F
Safety
1.0 / 5.0
322 violent crimes/100K
A+
Education
5.0 / 5.0
75.0% bachelor's degree or higher

Housing Overview

Median Home Value
$327,300
16% above
US avg: $281,900
Homeownership Rate
95.2%
46% above US avg (65.4%)
Total Housing Units
53
Median year built: 1983

Home Value by Source

Census Median
$327,300
Zillow (ZHVI)
$232,019
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

95.2%
Owner-Occupied
4.8%
Renter-Occupied
95%
5%
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
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
95.2%

Complete Housing Data

Home Values

Census Median Value$327,300
Zillow Home Value (ZHVI)$232,019

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-Occupied95.2%
Renter-Occupied4.8%
Homeownership Rate95.2%
Total Housing Units53
Median Year Built1983
Rent Burden30.5%