Cost of Living in Fort Branch, IN

Population 3,412 · Indiana · Data vintage 2023

64
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fort Branch is a smaller Indiana community of around 3000 residents, where median household incomes of $62,500 and housing costs ($182,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.4% points to a labor market well on the tight side of the national distribution.

Located 20 miles north of Evansville, Fort Branch falls within that metro's commuting orbit. Median home values run roughly 41% higher than Evansville's $129,000.

Cost Overview

Housing 60
Rent 69

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

About the Cost of Living in Fort Branch

The median home value in Fort Branch is $181,900 — 40% below the national median of $305,000. Median rent runs $911/month, 31% lower than the national median of $1,314/month. The median household income of $62,500/year is 16% lower than the US median of $74,580. The local unemployment rate is 2.4%, below 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, Fort Branch has a cost of living index of 64 versus the US average of 100, meaning it is 36% less expensive.

🏠 Housing

Median Home Value
$181,900
40% below avg
Zillow Home Value
$431,424
Zillow ZHVI
Median Rent
$911/mo
31% below avg
Price-to-Rent Ratio
16.6x
Favors buying
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 75.1%
Renter-occupied 24.9%

💰 Estimated Monthly Budget

Rent median rent
$911
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,525/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
18.7 min
31% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.3%

Commute Mode

Drove alone
73.4%
Carpooled
16.8%
Walked
0.5%
Work from home
9.3%

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
$62,500
16% below avg
Per Capita Income
$35,426
Unemployment Rate
2.4%
51% below avg
Poverty Rate
15.4%
Labor Force Participation
70.0%

🎓 Education

Bachelor's degree+ 19.2%
Graduate degree 6.0%

👥 Demographics

Median Age 40.2
Male median age 35.7
Female median age 40.8

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
17.1:1
Student-teacher ratio
4
Public schools
2,087
Total enrollment

Frequently Asked Questions

What is the cost of living in Fort Branch, IN?

Fort Branch has a cost index of 64 (100 = national average). It is 36% below the national average.

What is average rent in Fort Branch, IN?

The median gross rent in Fort Branch is $911 per month based on 2023 Census data.

What is the average home price in Fort Branch?

The median home value in Fort Branch is $181,900 according to Zillow and Census data.

What is the median income in Fort Branch?

The median household income in Fort Branch is $62,500 per year (2023 ACS 5-year estimates).

What is the sales tax in Fort Branch, IN?

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

Is Fort Branch, IN affordable?

Yes, Fort Branch is generally considered affordable, with a cost of living index of 64 — about 36% below the US national average of 100.

Fort Branch at a Glance

Population
3,412
Median Income
$62,500
Home Value
$181,900
Median Rent
$911/mo
Unemployment
2.4%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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