Cost of Living in Schererville, IN
Population: 29,627 • 2026 Data
$86,020
Median Household Income
+11% vs national
$1,224
Median Monthly Rent
-9% vs national
$294,600
Median Home Value
-13% vs national
4.7%
Unemployment Rate
Housing in Schererville
The median home value in Schererville, IN is $294,600. Monthly rent for a typical unit averages $1,224, while total monthly housing costs (including utilities and insurance) average $1,284.
Rent-to-income ratio: 17.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Schererville, IN is $86,020. The unemployment rate stands at 4.7%, with a labor force of 15,867 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.