Quick facts: Noblesville, IN

Quick Facts

95.3
Cost of Living
below US average
72,748
Population
8.4
Crime Rate per 1000
below US average
$99,458
Median Income
above US average
$430,990
Median House Price
above US average
$2238.56
Average Rent
above US average
5%
Poverty Rate
below US average
3.5%
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 $99,458.

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Income Needed to Buy

βœ— Stretch
$135k/year
Based on $430,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $135k vs median $99,458
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Income Needed to Rent

βœ“ Affordable
$96k/year
Based on $2238.56/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($99,458) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Noblesville, IN

Noblesville is a charming city located in Hamilton County, Indiana, just northeast of Indianapolis. With a rich history dating back to the 19th century, Noblesville has retained its small-town charm while evolving into a thriving suburban community. The city is known for its picturesque downtown area featuring beautifully preserved historic buildings, local shops, and restaurants. One of the city's highlights is the Hamilton County Courthouse, a striking example of Victorian architecture. Noblesville offers a strong sense of community, with numerous parks, recreational facilities, and a vibrant arts scene. The city hosts various cultural events and festivals throughout the year, attracting residents and visitors alike. Outdoor enthusiasts will appreciate the many trails and green spaces, including the popular Morse Reservoir, ideal for boating and fishing. Education is crucial here, with well-regarded schools within the Noblesville Schools district. The city's location provides convenient access to Indianapolis, making it an attractive destination for commuters. Overall, Noblesville blends modern amenities with a friendly, welcoming atmosphere, making it a great place to live, work, and explore.

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