Housing costs in Walkerton?
A typical home costs
$176,800, which is 47.7% less expensive than the national average of
$338,100 and 20.2% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Walkerton costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 4.3% cheaper than the state average of
$980.
Can I afford Walkerton?
To live comfortably in Walkerton (zip 46574), Indiana, a minimum annual income of
$33,840 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Walkerton?
The cost of living in 46574 Walkerton, IN is relatively low, with an estimated overall cost of living index rating of 80, which is 20 points lower than the U.S. average of 100. This index rating considers factors such as housing costs, food costs, transportation costs, and other general expenses that may be incurred on a daily basis. The median household income in this area is around $56,000 per year; however the median home price is only around $113,000 making it a great investment option for potential buyers looking to purchase a home in this region. Additionally, the unemployment rate in Walkerton is quite low at just 4%, making it an excellent location for those seeking employment opportunities as well.