Cost of Living in Fort Wayne, IN
Population: 266,235 • 2026 Data
$60,293
Median Household Income
-22% vs national
$959
Median Monthly Rent
-29% vs national
$169,700
Median Home Value
-50% vs national
5.5%
Unemployment Rate
Housing in Fort Wayne
The median home value in Fort Wayne, IN is $169,700. Monthly rent for a typical unit averages $959, while total monthly housing costs (including utilities and insurance) average $950.
Rent-to-income ratio: 19.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Fort Wayne, IN is $60,293. The unemployment rate stands at 5.5%, with a labor force of 137,435 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.