Quick facts: Columbus, IN

Quick Facts

95.3
Cost of Living
below US average
51,268
Population
29.49
Crime Rate per 1000
above US average
$75,114
Median Income
below US average
$259,900
Median House Price
above US average
$2600.14
Average Rent
above US average
9%
Poverty Rate
below US average
4.0%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $75,114.

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Income Needed to Buy

βœ— Stretch
$82k/year
Based on $259,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $82k vs median $75,114
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Income Needed to Rent

⚠ Stretch
$111k/year
Based on $2600.14/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $111k vs median $75,114
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Columbus, IN

Columbus, Indiana, located in Bartholomew County, is a vibrant city known for its unique architecture and rich artistic heritage. Founded in the early 19th century, Columbus has grown into a hub for design and innovation, featuring over 80 structures by prominent modern architects including Eero Saarinen and Eliel Saarinen. The city is often recognized for its commitment to public art and design; it received the title of "The Architectural Capital of Indiana." The population hovers around 45,000 residents, offering a friendly, small-town atmosphere combined with diverse cultural opportunities. The downtown area is alive with shops, restaurants, and cultural venues, including the Columbus Area Visitor Center and the Bartholomew County History Center. Outdoor enthusiasts can enjoy nearby parks and recreational activities, with the East Fork White River offering opportunities for fishing and kayaking. Columbus is also home to a number of community events and festivals throughout the year, fostering a strong sense of community among its residents. Overall, Columbus, IN, serves as a prime example of a city that embraces both innovation and tradition.

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