Department of Numbers

Housing Units, Population and Cost Rank Measures for Indiana

Here we explore the evolution and dynamics of the housing supply in Indiana, the relative cost of Indiana housing, the housing mix and the change in Indiana population. Housing supply here is defined as the number of housing units (i.e: houses, condos, apartments etc..). For this analysis, the Indiana population number we're most interested in is the 18 and over population since the under 18 population typically isn't a buyer or renter in the housing market. All data on this page comes from the Census ACS 1 year survey. Jump to Indiana sections: housing units, housing cost, housing mix, population.

Housing Units and 18+ Population for Indiana

The data below track the total number of housing units in Indiana, the total 18 and over population in Indiana and the ratio of the 18 and over Indiana population to the number of housing units. Over the past 5 years, the number of Indiana housing units increased by 3.23% while the 18 and over population increased by 3.02%. As a result, the ratio of the 18 and over population to housing units decreased from 1.772 to 1.768. A lower population to housing units ratio means there are more housing units available per person in the region.

2019 1 Year Change 5 Year Change
Indiana Housing Units 2,921,115 +0.60% +3.23%
Indiana 18+ Population 5,164,798 +0.78% +3.02%
Indiana 18+ Pop. / Units 1.768 +0.003 -0.004

Indiana 18+ Population to Units Ratio Trends: Indiana, US

Indiana Housing Units and 18+ Population History

Date Indiana Housing Units Indiana 18+ Population Indiana 18+ Pop. / Units
2019 2,921,115 5,164,798 1.768
2018 2,903,576 5,124,821 1.765
2017 2,885,342 5,092,787 1.765
2016 2,854,595 5,055,520 1.771
2015 2,841,450 5,039,946 1.774
2014 2,829,630 5,013,181 1.772
2013 2,809,640 4,983,360 1.774
2012 2,808,430 4,947,915 1.762
2011 2,800,799 4,919,665 1.756
2010 2,797,172 4,884,506 1.746
2009 2,809,487 4,836,956 1.722
2008 2,795,063 4,793,040 1.715

more history ...

Indiana Relative Housing Cost Percentile by Price and Rent

This data shows where Indiana falls in the distribution of home prices and rent compared to other states (and D.C.). The higher the percentile, the more expensive the region is compared to the rest of the country. In 2019, Indiana was at the 13.73% percentile for home prices and the 27.45% percentile for the cost of rent. Over the past 5 years, Indiana home prices have become more expensive compared to the rest of the country and rent in Indiana has become more expensive over the past 5 years relative to the rest of the country.

Indiana Home Price and Rent Percentile

2019 1 Year Change
(delta)		 5 Year Change
(delta)
Indiana Home Price Percentile 13.73% +3.93% +1.97%
Indiana Rent Percentile 27.45% +1.96% +1.96%

Indiana Trends in Home Price and Rent Percentile: Indiana, US

Indiana Home Price and Rent Percentile History

Date Indiana Home Price Percentile Indiana Rent Percentile
2019 13.73% 27.45%
2018 9.80% 25.49%
2017 11.76% 23.53%
2016 9.80% 21.57%
2015 11.76% 19.61%
2014 11.76% 25.49%
2013 13.73% 27.45%
2012 13.73% 31.37%
2011 13.73% 27.45%
2010 13.73% 27.45%
2009 17.65% 33.33%
2008 17.65% 35.29%

more history ...

Indiana Housing Units: Owner Occupied, Renter Occupied and Vacant

The data below shows the number of housing units in Indiana by type. Over the past 5 years, the number of housing units held by owner occupiers increased by 4.90% while the total number of rented units in Indiana increased by 1.38%. Units that were vacant1 decreased by 1.08% over the last 5 years.

Indiana Changes in Owned, Rented and Vacant Units

2019 1 Year Change 5 Year Change
Indiana Owner Occ. Units 1,800,483 +0.49% +4.90%
Indiana Renter Occ. Units 797,282 -1.26% +1.38%
Indiana Vacant Units 323,350 +6.22% -1.08%

Indiana Housing Share Trends: Owned, Rented and Vacant: Owned, Rented, Vacant

The chart below shows the share of each housing type in Indiana as a fraction of total housing units.

Indiana Owned, Rented and Vacant Units History

Date Indiana Owner Occ. Units Indiana Renter Occ. Units Indiana Vacant Units
2019 1,800,483 797,282 323,350
2018 1,791,749 807,420 304,407
2017 1,765,500 791,799 328,043
2016 1,731,421 801,849 321,325
2015 1,714,880 800,263 326,307
2014 1,716,341 786,398 326,891
2013 1,712,020 786,375 311,245
2012 1,720,780 759,297 328,353
2011 1,720,062 747,049 333,688
2010 1,736,751 734,154 326,267
2009 1,744,831 732,717 331,939
2008 1,781,719 698,851 314,493

more history ...

Indiana Population

This data shows the population of Indiana for the under 18 category and the 18 and over category. In the last 5 years the under 18 population has decreased by 1.03% while the 18 and over population has increased by 3.02%.The total population of Indiana has increased by 2.05% in the last 5 years.

Changes in Indiana Population

2019 1 Year Change 5 Year Change
Indiana Population Under 18 1,567,421 +0.02% -1.03%
Indiana Population 18+ 5,164,798 +0.78% +3.02%
Indiana Total Population 6,732,219 +0.60% +2.05%

Indiana Population Age Share: Under 18, 18 and Over: 18+, Under 18

Indiana Population History

Date Indiana Population Under 18 Indiana Population 18+ Indiana Total Population
2019 1,567,421 5,164,798 6,732,219
2018 1,567,057 5,124,821 6,691,878
2017 1,574,031 5,092,787 6,666,818
2016 1,577,533 5,055,520 6,633,053
2015 1,579,734 5,039,946 6,619,680
2014 1,583,674 5,013,181 6,596,855
2013 1,587,542 4,983,360 6,570,902
2012 1,589,419 4,947,915 6,537,334
2011 1,597,257 4,919,665 6,516,922
2010 1,606,115 4,884,506 6,490,621
2009 1,586,157 4,836,956 6,423,113
2008 1,583,752 4,793,040 6,376,792

more history ...

1. The Census defines a vacant unit as belonging to the following set: For rent, Rented not occupied, For sale only, Sold not occupied, For seasonal or recreational or other occasional use, For migrant workers, Other vacant. ↩

Data on deptofnumbers.com is for informational purposes only. No warranty or guarantee of accuracy is offered or implied. Nothing on this site constitutes investment advice. Contact ben@deptofnumbers.com if you have any questions, comments or suggestions. Privacy policy.