Dearborn County
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Quality of Life: Housing
Dearborn County's acres of land and historic districts provide the area with an eclectic mix of home styles. The county boasts housing options to meet the needs of all home seekers, from renovated loft apartments in downtown Lawrenceburg to sprawling country homes, Dearborn County has it all.
Single Family Homes for Sale (July 2005)
Selling Price Number of Homes
Under $150,000 133
$150,000-$200,000 67
$200,001-$250,000 57
$250,001-over 64
Source: Southeastern Indiana Board of Realtors Multiple Listing Service
The abundant land throughout Dearborn County means housing is available for home buyers of all income levels. Homeowners in the county have enjoyed increasing home values over the past 15 years. The median home price within the county increased 205.5% from $59,900 in 1990 to $183, 019 in 2004.
Mortgage Status and Monthly Owner Costs (2000)
Number of homes with a mortgage 7,584
Less than $300 38
$300 to $499 442
$500 to $699 1,097
$700 to $999 2,363
$1,000 to $1,499 2,833
$1,500 to $1,999 622
$2,000 or more 189
Source: U.S. Census Bureau
Homeowners in Dearborn County enjoy low ownership costs. Over 89.0% of county monthly mortgage payments in 2000 were under $1,500, compared to 74.1% of monthly mortgage payments nationally. The median rent of occupied housing units in 2000 was $504, compared to a 2000 national median rent figure of $602.
The cost of housing in the metro areas surrounding Dearborn County is much lower than the national average. Housing costs in Cincinnati are 84.2 percent of the national average.
Cost of Living Indices for Surrounding Metro Areas
Metro Area Comp. Index Grocery Items Housing Util. Trans. Health Care Goods and Services
Atlanta, GA 96.0 95.0 91.6 86.7 106.3 110.4 98.3
Charlotte, NC 93.4 98.0 81.6 79.1 105.1 103.6 101.4
Cincinnati, OH 94.5 91.5 84.2 111.2 93.9 102.0 98.6
Charlotte, NC 93.4 98.0 81.6 79.1 105.1 103.6 101.4
Columbia, SC 95.1 98.3 92.3 102.9 85.1 111.0 94.7
Columbus, OH 100.1 106.9 96.8 103.7 105.9 100.1 97.7
Dallas, TX 91.7 91.6 75.5 103.8 102.3 100.8 97.8
Indianapolis, IN 92.7 96.8 81.7 94.8 101.4 101.4 96.5
Las Vegas, NV 110.6 102.0 130.0 104.8 104.4 111.0 100.9
Philadelphia, PA 123.2 127.7 135.3 122.0 113.3 116.1 115.1
Pittsburgh, PA 93.2 100.1 81.5 93.7 112.8 93.9 95.1
Raleigh, NC 93.8 102.6 75.8 102.6 107.4 109.5 97.6
St. Louis, MO 96.3 103.0 89.2 97.3 104.5 98.9 97.1
Source: ACCRA Cost of Living Index, May 2005 (first quarter 2005 data)