Quick facts: Jeffersonville, IN

Quick Facts

98.5
Cost of Living
below US average
51,030
Population
18.97
Crime Rate per 1000
below US average
$67,566
Median Income
below US average
$279,900
Median House Price
above US average
$1698.24
Average Rent
above US average
10%
Poverty Rate
below US average
4.1%
Unemployment Rate
above 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 $67,566.

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Income Needed to Buy

βœ— Stretch
$88k/year
Based on $279,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $88k vs median $67,566
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Income Needed to Rent

⚠ Stretch
$73k/year
Based on $1698.24/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $73k vs median $67,566
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Jeffersonville, IN

Jeffersonville, Indiana, is a charming city located just across the Ohio River from Louisville, Kentucky. It is part of the Louisville metropolitan area and has a rich history, having been established in 1801. The city is known for its historic downtown, which features beautifully preserved buildings, a variety of shops, and local restaurants. Jeffersonville's waterfront along the Ohio River offers scenic views and recreational activities, including parks and walking trails. The city is also home to several attractions, including the Big Four Bridge, a pedestrian bridge connecting Jeffersonville to Louisville, providing both locals and visitors with stunning views of the skyline. Another highlight is the Howard Steamboat Museum, which showcases the region’s maritime history. With a growing population of around 50,000 residents, Jeffersonville boasts a friendly small-town atmosphere while benefiting from its proximity to the larger urban amenities of Louisville. The community hosts various events throughout the year, such as the popular RiverStage concerts and local festivals, contributing to its vibrant cultural scene. Overall, Jeffersonville is an inviting place to explore and enjoy the blend of history and modern living.

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