Housing costs in Roann?
A typical home costs
$167,900, which is 50.3% less expensive than the national average of
$338,100 and 24.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Roann costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 16.7% cheaper than the state average of
$980.
Can I afford Roann?
To live comfortably in Roann, Indiana, a minimum annual income of
$32,040 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Roann?
The cost of living in Roann, IN is relatively low compared to other areas in the country. According to a recent survey, the median income in Roann is around $48,000 per year and the median home value is approximately $79,000. This allows for individuals and families to have a comfortable lifestyle while still saving for their future. Additionally, the property tax rate is below both state and national averages while various businesses offer competitive salaries that are significantly higher than minimum wage. All of these factors combined make Roann an affordable place to live and work.