Quick facts: Kimmell, IN

Quick Facts

95.3
Cost of Living
below US average
453
Population
2.21
Crime Rate per 1000
below US average
$36,667
Median Income
below US average
$372,500
Median House Price
above US average
$1200.0
Average Rent
below US average
8%
Poverty Rate
below US average
3.2%
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 $36,667.

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Income Needed to Buy

βœ— Stretch
$117k/year
Based on $372,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $117k vs median $36,667
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Income Needed to Rent

⚠ Stretch
$51k/year
Based on $1200.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $51k vs median $36,667
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Kimmell, IN

Kimmell is a quaint, small town located in Noble County, Indiana. With a population of just a few hundred residents, it embodies the charm of rural America. The town is surrounded by picturesque farmland, making it a peaceful retreat from busier urban areas. Kimmell is situated near several natural attractions, including lakes and parks, which provide opportunities for outdoor recreation such as fishing, hiking, and picnicking. The community in Kimmell is tight-knit, fostering a friendly atmosphere where neighbors know each other. Local events often bring residents together, and the area reflects a rich history of agriculture. Though Kimmell may not have extensive commercial amenities, nearby towns offer a variety of shopping and dining options. Overall, Kimmell is ideal for those seeking a serene lifestyle amidst nature, with the convenience of nearby cities for additional amenities and services.

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