Quick facts: Heltonville, IN

Quick Facts

95.3
Cost of Living
below US average
131
Population
152.67
Crime Rate per 1000
above US average
$57,000
Median Income
below US average
$329,900
Median House Price
above US average
$1317
Average Rent
below US average
8%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $57,000.

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Income Needed to Buy

βœ— Stretch
$103k/year
Based on $329,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $103k vs median $57,000
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Income Needed to Rent

βœ“ Affordable
$56k/year
Based on $1317/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($57,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Heltonville, IN

Heltonville is a small, unincorporated community located in Brown County, Indiana. Nestled in the heart of the Hoosier National Forest, it offers a serene and picturesque rural setting characterized by its lush forests, rolling hills, and tranquil atmosphere. The area is predominantly residential, with a close-knit community that values its natural surroundings and peaceful lifestyle. Heltonville is near the larger town of Nashville, which is well-known for its arts scene, boutique shops, and annual festivals. The surrounding area provides plenty of opportunities for outdoor activities such as hiking, fishing, and wildlife viewing, appealing to nature enthusiasts. The community is served by local schools and amenities, with residents often commuting to nearby towns for additional services. Heltonville's charm lies in its simplicity and the opportunity for a quiet, country life while remaining close to the attractions of southern Indiana. With a rich history and a strong sense of community, Heltonville is a hidden gem for those looking to experience rural Indiana living.

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