What is the median home price in Decatur?

The median home price in Decatur, Decatur city, Indiana is $123,900, which is 56% below the national average of 281,900 ($281,900).

Decatur, Decatur city, Indiana has a violent crime rate of 0.0 per 1,000 residents, which is 100% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 0.3 per 1,000 residents.

What is the Walk Score for Decatur?

Decatur, Decatur city, Indiana has a Walk Score of 47 out of 100, classified as "Car-Dependent." The national average Walk Score is 48/100. The transit score is 0/100. The bike score is 53/100.

What is the median household income in Decatur?

The median household income in Decatur, Decatur city, Indiana is $54,369, which is 27% below the national average of 74,580 ($74,580).

What is the average rent in Decatur?

The median rent in Decatur, Decatur city, Indiana is $1,013 per month. The national average median rent is $1,163/month.

What is the air quality in Decatur?

Decatur, Decatur city, Indiana has an Air Quality Index (AQI) of 44, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Decatur?

The population of Decatur, Decatur city, Indiana is approximately 9,718. The homeownership rate is 35.0% (national average: 65.9%).

What are the climate risks in Decatur?

Decatur, Decatur city, Indiana has an overall climate risk rating of "Relatively High" with a risk score of 84.70. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Decatur affordable?

Decatur, Decatur city, Indiana has an affordability index of 159, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 9.1¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Decatur?

The unemployment rate in Decatur, Decatur city, Indiana is 2.9%. The national average unemployment rate is 3.7%. The poverty rate is 10.4% (national average: 12.4%).

Decatur

Decatur city, Indiana

Affordable

About Decatur

Decatur, Indiana, offers a refreshing alternative to the soaring costs and frenetic pace of larger cities. Imagine a place where a home costs a fraction of the national average, with a median home value of just $123,900. This is a town where you can build equity without breaking the bank. Decatur is a close-knit community of nearly 10,000 residents, where neighbors know each other and the pace of life allows you to savor each day. The affordability here is undeniable, providing a lifestyle that prioritizes family, community, and financial well-being.

From an investment perspective, Decatur presents a compelling case. While the median household income of $54,369 is below the national average, the low cost of living significantly stretches those dollars. The housing market is stable and accessible, making it an excellent opportunity for first-time homebuyers or those seeking a more manageable mortgage. Decatur is known for its safety and offers a welcoming environment for families and individuals seeking a secure and affordable place to call home. If you value community, fiscal responsibility, and a relaxed lifestyle, Decatur, Indiana, might just be the perfect place for you.

Decatur, Indiana at a Glance

Decatur is a city in Decatur city, Indiana with a population of approximately 9,718. The median home value is $123,900 and the median household income is $54,369. It has a Walk Score of 47 out of 100, indicating car dependency. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,013 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.