Cost of Living in Pittsboro, IN

Population 3,988 · Indiana · Data vintage 2023

95
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Pittsboro a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $290,000. The labor market has been unusually tight, with unemployment around 2.0% — below most comparable cities in the state.

Geographically, Pittsboro sits roughly 20 miles west of Carmel. Median home values run roughly 36% lower than Carmel's $456,000.

Cost Overview

Housing 95

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

About the Cost of Living in Pittsboro

The median home value in Pittsboro is $289,700 — 5% below the national median of $305,000. The median household income of $125,133/year is 68% higher than the US median of $74,580. The local unemployment rate is 2.0%, 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, Pittsboro has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.

🏠 Housing

Median Home Value
$289,700
5% below avg
Zillow Home Value
$253,562
Zillow ZHVI
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 98.2%
Renter-occupied 1.8%

🛒 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
27.3 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.2%

Commute Mode

Drove alone
77.9%
Carpooled
6.5%
Walked
0.4%
Work from home
15.2%

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
$125,133
68% above avg
Per Capita Income
$48,315
Unemployment Rate
2.0%
59% below avg
Poverty Rate
0.3%
Labor Force Participation
68.7%

🎓 Education

Bachelor's degree+ 35.1%
Graduate degree 12.9%

👥 Demographics

Median Age 34
Male median age 36.8
Female median age 33.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
90%
Good air days/yr
119
Max AQI recorded
0
PM2.5 days
360
Ozone days

Frequently Asked Questions

What is the cost of living in Pittsboro, IN?

Pittsboro has a cost index of 95 (100 = national average). It is 5% below the national average.

What is the average home price in Pittsboro?

The median home value in Pittsboro is $289,700 according to Zillow and Census data.

What is the median income in Pittsboro?

The median household income in Pittsboro is $125,133 per year (2023 ACS 5-year estimates).

What is the sales tax in Pittsboro, IN?

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

Is Pittsboro, IN affordable?

Pittsboro is near the national average in terms of cost of living, with an index of 95 (100 = US average).