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Cost of living, pay and housing

39.67° N · 86.13° W · GEOID 1834420

Homecroft

Marion County, Indiana · part of the Indianapolis, IN metro

Limited data population under 5,000

IndianaHomecroft, INHomecroftHomecroft

The short answer

Homecroft is home to 854 people. Median household income is $78,942 a year and median rent is $1,533 a month, 23.3% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $231,600, about 2.9x annual median household income.

Median gross rent
$1,533
12% above the median place
Median household income
$78,942
2% below the median place
Median home value
$231,600
27% below the median place
Unemployment
5.0%
3% above the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Homecroft

  • Between the 2019 and 2022 surveys, rent rose 9.5% a year while household income rose -0.8%, so rent outran pay by more than in 98% of the 2,476 places under 10,000 people we track. It is the highest of 131 Indiana places.
  • Owning with a mortgage costs about $135 a month less than the median rent, which is rarer than in 96% of places its size. It is the 3rd-lowest of 132 Indiana places.
  • Only 0% of renter households spend 30% or more of income on rent, a lower share than in 98% of places its size. It is the lowest of 124 Indiana places.
  • 97% of homes are owner-occupied, more than in 98% of places its size.
  • Half the homes were built before 1951, older housing than in 93% of places its size.
01

Moving to Homecroft

Marion County loses about 10.1 residents per 1,000 a year to moves between counties.

Moved in41,414
Moved out49,049
Net−7,635

Where people come from and where they go, top counties

Hamilton County, IN4,3996,506−2,107
Hendricks County, IN3,4475,406−1,959
Johnson County, IN3,6364,706−1,070
Hancock County, IN1,2242,569−1,345
Morgan County, IN8901,584−694
Boone County, IN7491,526−777
Cook County, IL899956−57

Within Indiana, other states or abroad

Arrivals
Leavers
Within IndianaOther statesAbroad

Income per tax return

Arrivals$55K
Leavers$66K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Marion County; flows under 20 returns are not published.

Who moves here
6.0% of residents arrived from another county in the past year, 1.9% from another state. County figure.
Who arrives and who leaves
Households moving into Marion County report $55,200 a year in income on average; those leaving, $66,400, so leavers earn more than newcomers.
Income you would need
$61,300 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,533 a month; owners with a mortgage pay $1,398 a month including taxes and insurance, on a median home of $231,600.
Getting to work
25 minutes each way on average; 8.1% work from home; 1.3% take transit.
If it is close but not quite
Glenwood, IL matches it on character. Compare the two
Net movers per 1,000 people8
-10.1
below the median place (median -0.6)
Income of households moving in8
$55,233
22% below the median place
Income of households moving out8
$66,401
6% below the median place
All 5 moving measures
MeasureHomecroftAmong 6,645 placesVs median
Moved here in the past year1County figure6.0%4% above
Moved from another state1County figure1.9%2% below
Net movers per 1,000 people8County figure-10.1below (median -0.6)
Income of households moving in8County figure$55,23322% below
Income of households moving out8County figure$66,4016% below
02

What it costs to live here

Renters paying 30%+ is 0.0%, below the median place (median 50.6%).

Homecroft23.3%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$61,320
a year, at the 30% line
Rent to income
23.3%
14% above the median place
Home price to income
2.9x
23% below the median place

Could you afford it?

The median rent would take
23%
comfortably under the 30% line
Left after rent, in US prices
$62,400
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Homecroft, $1,533 a month, and local prices for everything else (97.1 against a US average of 100). It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Homecroft.

Sponsored · exampleMoving to Homecroft? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Renters paying 30%+1
0.0%
below the median place (median 50.6%)
Homeownership1
97.0%
46% above the median place
Median year built1
1951
1% below the median place
All 16 cost and housing measures
MeasureHomecroftAmong 6,645 placesVs median
Median gross rent1$1,53312% above
Rent to income123.3%14% above
Property tax rate11.0%13% above
Home price to income12.9x23% below
Prices vs US average2Metro figure95.75% below
Fair market rent, 2 bedrooms3County figure$1,5365% below
HUD area median income4County figure$110,3003% above
Property tax paid (median)1$2,38227% below
Median home value1$231,60027% below
Home prices, 1-year change5County figure3.4%7% above
Home prices, 5-year change5County figure47.8%7% below
Homeownership197.0%46% above
Renters paying 30%+10.0%below (median 50.6%)
Owner costs with a mortgage1$1,39825% below
Vacant homes1County figure9.2%30% above
Median year built119511% below
03

Work and pay

Works from home is 8.1%, 35% below the median place.

Works from home1
8.1%
35% below the median place
Income per person1
$41,549
4% above the median place
Mean commute1
25 min
2% above the median place
All 10 work and pay measures
MeasureHomecroftAmong 6,645 placesVs median
Median household income1$78,9422% below
Income per person1$41,5494% above
Unemployment1County figure5.0%3% above
Average annual pay6County figure$80,64222% above
Pay growth, 1 year6County figure5.9%59% above
Jobs6County figure625,109315% above
Poverty rate1County figure15.3%43% above
Mean commute125 min2% above
Works from home18.1%35% below
Commutes by transit1County figure1.3%49% above
04

Who lives here

Median age is 43.7, 12% above the median place.

Median age1
43.7
12% above the median place
Homes with broadband1
95.7%
4% above the median place
Household size1
2.3
8% below the median place
All 9 people measures
MeasureHomecroftAmong 6,645 placesVs median
Population18546646th largest
Population change since 202071.2%4% above
Median age143.712% above
Bachelor's or higher144.5%39% above
High school or higher194.6%2% above
Household size12.38% below
Born abroad1County figure12.6%43% above
No health insurance1County figure8.8%38% above
Homes with broadband195.7%4% above
05

Life in Homecroft

1 site is on the National Register of Historic Places, 10 of them National Historic Landmarks.

  • Homecroft Historic District listed 1996

Businesses per 10,000 residents (county figures)

Restaurants and bars22.8 +10%
Shops29.3 −3%
Arts, recreation and fitness4.2 +2%
Doctors' offices and clinics20.0 −1%
Child care centers2.9 +26%

Counts businesses with paid staff, so small owner-run shops are not included.

Public school students11
160,640
above the median place (median 4,897)
Public schools11
255
above the median place (median 9)
Child care centers per 10k9
2.9
26% above the median place
All 9 schools and local life measures
MeasureHomecroftAmong 6,645 placesVs median
Public schools11County figure255above (median 9)
Public school students11County figure160,640above (median 4,897)
Students per teacher11County figure15.93% above
Restaurants and bars per 10k9County figure22.810% above
Shops per 10k9County figure29.33% below
Arts, recreation and fitness per 10k9County figure4.22% above
Doctors' offices and clinics per 10k9County figure20.01% below
Child care centers per 10k9County figure2.926% above
National Register listings10192% below
06

Safety, weather and risk

Tornado risk is 99.0, 22% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Homecroft. Larger places are fetched first.

Tornado risk13
99.0
22% above the median place
Wildfire risk13
22.3
64% below the median place
Median air quality index14
54
26% above the median place
All 11 weather and risk measures
MeasureHomecroftAmong 6,645 placesVs median
July average high12County figure85°F3% below
January average low12County figure20°F21% below
Average temperature12County figure52°F5% below
Annual precipitation12County figure43.4 in1% below
Natural hazard risk13County figure97.55% above
Hurricane risk13County figure34.152% below
Tornado risk13County figure99.022% above
Wildfire risk13County figure22.364% below
Heat wave risk13County figure98.710% above
Median air quality index14County figure5426% above
Good air days14County figure40.0%42% below
08

Homecroft in 2030: where the trends point

If recent trends hold, the median rent will take about 26% of the median income in 2030, up from 23% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$1,533/mo (2022)$2,140/mo$1,710 to $2,690/mo+4.3%
Median household income$78,942 (2024)$97,500$82,500 to $115,000+3.6%
Median home value$231,600 (2024)$335,000$244,000 to $462,000+6.4%
Population760 (2025)770740 to 800+0.3%

The median home would be worth 3.4 years of the median income in 2030, against 2.9 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Homecroft

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Glenwood, IL$1,493$77,391Compare
Ocean Springs, MS$1,358$79,712Compare
Bel Air, MD$1,492$74,605Compare
Covedale, OH$1,430$90,694Compare
Covedale, OHBel Air, MDOcean Springs, MSGlenwood, ILHomecroft, INHomecroftGlenwoodOcean SpringsBel AirCovedaleHomecroftGlenwoodOcean SpringsBel Air

Common questions

Is Homecroft a good place to live?

It depends on what you need, so here is what the numbers say. Between the 2019 and 2022 surveys, rent rose 9.5% a year while household income rose -0.8%, so rent outran pay by more than in 98% of the 2,476 places under 10,000 people we track. It is the highest of 131 Indiana places. Owning with a mortgage costs about $135 a month less than the median rent, which is rarer than in 96% of places its size. It is the 3rd-lowest of 132 Indiana places. See how it ranks with your own weights.

Is Homecroft expensive to live in?

The median rent takes 23.3% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $231,600.

What salary do you need to live in Homecroft?

To rent the median home without spending more than 30% of income on rent, a household needs about $61,320 a year. Work it out from your current city.

What places are similar to Homecroft?

On income, rent, home value, education and age, the closest matches are Glenwood, IL, Ocean Springs, MS, Bel Air, MD and Covedale, OH.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  11. Common Core of Data · National Center for Education Statistics · 2024 release
  12. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  13. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  14. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Homecroft with places of a similar size, using only figures measured for Homecroft itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/homecroft-indiana

Citytistics. “Homecroft, Indiana.” Data as of 2026-11-14. https://www.citytistics.com/city/homecroft-indiana/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.