Indiana cities among top for affordable housing, open jobs
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
Three Indiana cities are among the top 10 housing markets when it comes to the availability of jobs and cheap housing, according to personal finance website GOBankingRates. The ranking was determined based on data, including typical home value, typical monthly rent, and Metro Statistical Area unemployment rate.
The website gathered information on the home value and monthly rent from real estate website Zillow, as well as unemployment data from the U.S. Bureau of Labor Statistics.
The final 10 cities were also evaluated base don labor force participation rate, median household income from the 2021 American Community Survey, and livability score from website AreaVibes.
Evansville is the highest-ranked Indiana city at No. 2 with a typical home value of $168,401 and typical rent of $826.
Fort Wayne is included on the list at No. 4 with a typical home value of $213,892 and typical rent of $1,227. Indianapolis follows at No. 10 with a typical home value of $216,351 and typical rent of $1,307.
Birmingham, Alabama ranks at the top of the list. You can view the full list and methodology by clicking here.