Cost of Living in Marion, IN
Population: 27,384 • 2026 Data
$43,349
Median Household Income
-44% vs national
$760
Median Monthly Rent
-44% vs national
$83,200
Median Home Value
-75% vs national
8.0%
Unemployment Rate
Housing in Marion
The median home value in Marion, IN is $83,200. Monthly rent for a typical unit averages $760, while total monthly housing costs (including utilities and insurance) average $693.
Rent-to-income ratio: 21.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Marion, IN is $43,349. The unemployment rate stands at 8.0%, with a labor force of 12,521 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.