Cost of Living in Bargersville, IN

Population 10,163 · Indiana · Data vintage 2023

116
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bargersville is a smaller Indiana community of around 10000 residents, where median household incomes of $104,160 and housing costs ($405,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Unemployment has stayed elevated relative to the national figure — 7.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Bargersville sits roughly 15 miles south of Indianapolis city (balance) — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 96% higher than Indianapolis city (balance)'s $207,000.

Cost Overview

Housing 133
Rent 90

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Bargersville

The median home value in Bargersville is $405,100 — 33% above the national median of $305,000. Median rent runs $1,182/month, 10% lower than the national median of $1,314/month. The median household income of $104,160/year is 40% higher than the US median of $74,580. The local unemployment rate is 7.2%, above the national average of 4.8%. Indiana's top state income tax rate is 3.0% and the combined sales tax is 7.0%. Overall, Bargersville has a cost of living index of 116 versus the US average of 100, meaning it is 16% more expensive.

🏠 Housing

Median Home Value
$405,100
33% above avg
Zillow Home Value
$255,093
Zillow ZHVI
Median Rent
$1,182/mo
10% below avg
Price-to-Rent Ratio
28.6x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$731
1 BR
$783
2 BR
$985
3 BR
$1,286
4 BR
$1,456
Owner-occupied 72.0%
Renter-occupied 28.0%

💰 Estimated Monthly Budget

Rent median rent
$1,182
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,796/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.2 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
25.4%

Commute Mode

Drove alone
70.4%
Carpooled
3.3%
Walked
0.6%
Work from home
25.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.0%
Total Sales Tax 7.0%
State rate 7.0%
Avg local rate 0.0%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$104,160
40% above avg
Per Capita Income
$60,805
Unemployment Rate
7.2%
50% above avg
Poverty Rate
12.3%
Labor Force Participation
65.2%

🎓 Education

Bachelor's degree+ 33.4%
Graduate degree 14.6%

👥 Demographics

Median Age 35.4
Male median age 25.5
Female median age 41.3

Frequently Asked Questions

What is the cost of living in Bargersville, IN?

Bargersville has a cost index of 116 (100 = national average). It is 16% above the national average.

What is average rent in Bargersville, IN?

The median gross rent in Bargersville is $1,182 per month based on 2023 Census data.

What is the average home price in Bargersville?

The median home value in Bargersville is $405,100 according to Zillow and Census data.

What is the median income in Bargersville?

The median household income in Bargersville is $104,160 per year (2023 ACS 5-year estimates).

What is the sales tax in Bargersville, IN?

The combined state and local sales tax rate in Bargersville is 7.0%. The Indiana state income tax top rate is 3.0%.

Is Bargersville, IN affordable?

Bargersville is above average in cost of living, with an index of 116 — about 16% higher than the national average.

Bargersville at a Glance

Population
10,163
Median Income
$104,160
Home Value
$405,100
Median Rent
$1,182/mo
Unemployment
7.2%
Sales Tax
7.0%
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Explore county-level cost of living data

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