Cost of Living in Portage, IN
Population: 37,951 • 2026 Data
$72,833
Median Household Income
-6% vs national
$1,138
Median Monthly Rent
-16% vs national
$210,800
Median Home Value
-38% vs national
7.3%
Unemployment Rate
Housing in Portage
The median home value in Portage, IN is $210,800. Monthly rent for a typical unit averages $1,138, while total monthly housing costs (including utilities and insurance) average $1,167.
Rent-to-income ratio: 18.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Portage, IN is $72,833. The unemployment rate stands at 7.3%, with a labor force of 19,246 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.