Housing & Real Estate — Michigan City, Indiana
Overview
| Total Housing Units | 15,061 |
|---|
| Occupied | 12,901 |
|---|
| Vacant | 2,160 |
|---|
| Owner-Occupied | 7,510 |
|---|
| Renter-Occupied | 5,391 |
|---|
| Median Home Value (Census) | $143,100 |
|---|
| Estimated 2026 | ~$154,000 |
|---|
| Median Rent | $915/mo |
|---|
| Median Property Tax | $1,192/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
|---|
| Rent as % of Income | 20.7% |
|---|
| Severely Rent-Burdened | 34.9% |
|---|
Housing Age
| Built 2010 or later | 570 |
|---|
| Built 2000-2009 | 859 |
|---|
| Built 1990-1999 | 1,352 |
|---|
| Built before 1960 | 7,385 |
|---|
| Median Year Built | 1961 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
