Cost of Living in Fortville, IN

Population 5,092 · Indiana · Data vintage 2023

81
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fortville sits on the smaller end of the Indiana city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Fortville sits roughly 7 miles east of Fishers — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 35% lower than Fishers' $370,000.

Cost Overview

Housing 79
Rent 83

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

About the Cost of Living in Fortville

The median home value in Fortville is $240,300 — 21% below the national median of $305,000. Median rent runs $1,094/month, 17% lower than the national median of $1,314/month. The median household income of $82,763/year is 11% higher than the US median of $74,580. The local unemployment rate is 4.1%, 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, Fortville has a cost of living index of 81 versus the US average of 100, meaning it is 19% less expensive.

🏠 Housing

Median Home Value
$240,300
21% below avg
Zillow Home Value
$298,669
Zillow ZHVI
Median Rent
$1,094/mo
17% below avg
Zillow Rent
$1,749/mo
Zillow ZORI
Price-to-Rent Ratio
18.3x
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 73.7%
Renter-occupied 26.3%

💰 Estimated Monthly Budget

Rent median rent
$1,094
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,708/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
29.7 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.8%

Commute Mode

Drove alone
61.8%
Carpooled
12.7%
Walked
4.5%
Work from home
19.8%

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
$82,763
11% above avg
Per Capita Income
$40,957
Unemployment Rate
4.1%
15% below avg
Poverty Rate
2.9%
Labor Force Participation
74.3%

🎓 Education

Bachelor's degree+ 15.5%
Graduate degree 9.0%

👥 Demographics

Median Age 36.6
Male median age 39.8
Female median age 34.3

🏫 Schools

NCES CCD 2019 — public school district data

98%
4-Year Graduation Rate
18.2:1
Student-teacher ratio
6
Public schools
4,338
Total enrollment

Frequently Asked Questions

What is the cost of living in Fortville, IN?

Fortville has a cost index of 81 (100 = national average). It is 19% below the national average.

What is average rent in Fortville, IN?

The median gross rent in Fortville is $1,094 per month based on 2023 Census data.

What is the average home price in Fortville?

The median home value in Fortville is $240,300 according to Zillow and Census data.

What is the median income in Fortville?

The median household income in Fortville is $82,763 per year (2023 ACS 5-year estimates).

What is the sales tax in Fortville, IN?

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

Is Fortville, IN affordable?

Yes, Fortville is generally considered affordable, with a cost of living index of 81 — about 19% below the US national average of 100.

Fortville at a Glance

Population
5,092
Median Income
$82,763
Home Value
$240,300
Median Rent
$1,094/mo
Unemployment
4.1%
Sales Tax
7.0%
View all cities in Indiana →
🗺️ County data for Indiana

Explore county-level cost of living data

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