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Windfall City, IN

Full City Profile · Indiana · Madison County County

3.0 /5.0
B Good
693 Population 1,690/sq mi density
$61,375 Median Income $32,970 per capita
$94,300 Home Value $203,538 Zillow
$835 Median Rent 27.2% income on rent
51°F Avg Temperature 275 sunny days/yr
161 Violent Crime/100K 1,891 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$61,375 median income, 0.8% unemployment
A+
Affordability
5.0 / 5.0
$94,300 home value, $835/mo rent
F
Safety
1.0 / 5.0
161 violent crimes/100K
D
Education
1.8 / 5.0
10.1% bachelor's degree or higher

Housing Overview

Median Home Value
$94,300
67% below
US avg: $281,900
Median Rent
$835/mo
28% below
US avg: $1,163/mo
Homeownership Rate
77.1%
18% above US avg (65.4%)
Total Housing Units
368
Median year built: 1962

Home Value by Source

Census Median
$94,300
Zillow (ZHVI)
$203,538
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.1%
Owner-Occupied
22.9%
Renter-Occupied
77%
23%
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: $835/mo

Affordability & Housing Stock

Rent Burden
27.2%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1962
Average age of housing stock: 64 years
Homeownership Rate
77.1%

Complete Housing Data

Home Values

Census Median Value$94,300
Zillow Home Value (ZHVI)$203,538

Rent

Census Median Rent$835
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-Occupied77.1%
Renter-Occupied22.9%
Homeownership Rate77.1%
Total Housing Units368
Median Year Built1962
Rent Burden27.2%