Quick facts: Zionsville, IN

Quick Facts

105.3
Cost of Living
above US average
31,982
Population
3.81
Crime Rate per 1000
below US average
$152,788
Median Income
above US average
$625,000
Median House Price
above US average
$2323.13
Average Rent
above US average
Poverty rate Data is updating, will be available soon
3.6%
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 $152,788.

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Income Needed to Buy

βœ— Stretch
$196k/year
Based on $625,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $196k vs median $152,788
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Income Needed to Rent

βœ“ Affordable
$100k/year
Based on $2323.13/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($152,788) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Zionsville, IN

Zionsville, Indiana, is a charming suburban town located just northwest of Indianapolis. Known for its picturesque brick Main Street, Zionsville features a blend of historic architecture and modern amenities. The town is characterized by its strong sense of community, excellent schools, and a variety of parks and recreational areas, making it an attractive place for families and individuals alike. Culturally rich, Zionsville hosts several events throughout the year, including art fairs, farmers' markets, and community festivals that promote local businesses and artisans. The town's vibrant downtown area features a variety of shops, restaurants, and cafes, creating a delightful atmosphere for residents and visitors. Outdoor enthusiasts can enjoy Zionsville's numerous parks and trails, with opportunities for biking, walking, and enjoying nature. The town’s commitment to maintaining green spaces contributes to its appeal. With its close proximity to Indianapolis, residents benefit from urban conveniences while enjoying a peaceful, suburban lifestyle. Overall, Zionsville is recognized for its quality of life, making it a desirable place to live and work.

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