Living in Garrett, Indiana

Cost of living, income, home prices, rent and demographics of Garrett · Census data 2020–2024

Garrett has 6,642 residents with a median age of 39.4. The median household income is $64,179 (11% lower than the Indiana median), the median home value is $154,200, the median rent is $858/month.

Garrett at a glance

Population
6,642
Median age
39.4State: 38.1
Median household income
$64,179State: $71,957
Median home value
$154,200State: $218,200
Median rent
$858/moState: $1,062
Homeowners
79.5%
Bachelor's degree or higher
15.3%
Average commute
20 min

Is Garrett a good place to live?

Pros: Home values 29% lower than the state median; an average commute of 20 minutes.

Cons: Median household income 11% lower than the Indiana median; unemployment of 4.6%; a poverty rate of 15.3%.

The weather is best in June to September.

Cost of living in Garrett

Housing is the biggest part of the cost of living. In Garrett the median home value is $154,200, 54% lower than the U.S. median. Renters pay a median of $858 per month, which is 31.4% of household income. Homeowners with a mortgage pay $1,105 a month in housing costs.

Median home value

Garrett$154,200
Indiana$218,200
United States$332,700

Median monthly rent

Garrett$858
Indiana$1,062
United States$1,413

Garrett median household income

The median household income in Garrett is $64,179 and the income per person is $31,335. 15.3% of residents live below the poverty line (Indiana: 12.3%).

Median household income

Garrett$64,179
Indiana$71,957
United States$80,734

Housing in Garrett: homes for sale and rent

Housing units
3,081
Owner-occupied
79.5%
Renter-occupied
20.5%
Vacant
8.2%Includes seasonal homes
Median year built
1974
Average household size
2.32

Garrett demographics

Population
6,642
Median age
39.4
Under 18
23%
65 and older
16.7%
Households
2,827
Foreign-born
2.6%
Veterans
4.6%Adults 18+

Race and ethnicity

White94%
Hispanic or Latino3.5%
Black0%
Asian1.2%

Hispanic or Latino can be of any race. Population history of Garrett ›

Education in Garrett

15.3% of adults 25 and older in Garrett have a bachelor's degree or higher (Indiana: 29.5%), and 2.8% have a graduate or professional degree.

Bachelor's degree or higher

Garrett15.3%
Indiana29.5%
United States35.7%

Jobs and commute in Garrett

Unemployment rate
4.6%State: 4.3%
Average commute
20 minState: 24 min
Work from home
2.4%
Drive alone
83.5%
Public transit
0%
Walk to work
0%
Homes with broadband
87%

Garrett vs nearby towns

TownPopulationMedian incomeHome valueRent
Garrett6,642$64,179$154,200$858
Altona415$64,237$114,600$1,080
Auburn13,565$68,750$190,800$865
Avilla2,878$78,880$210,200$759
Laotto220$121,657——
Corunna128$57,500$85,000—
Waterloo2,073$67,083$104,600$829
Kendallville10,556$58,939$133,200$821
Huntertown11,379$109,432$298,200$1,550

More for people moving to Garrett

Garrett ZIP code ›Weather and climate ›

Living in Garrett: FAQ

What is the median household income in Garrett, IN?

The median household income in Garrett is $64,179, 11% lower than the Indiana median of $71,957 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Garrett?

The median home value in Garrett is $154,200, compared with $218,200 in Indiana.

How much is rent in Garrett?

The median gross rent in Garrett is $858 per month, about 31.4% of household income.

Is Garrett, IN a good place to live?

Pluses: home values 29% lower than the state median; an average commute of 20 minutes. Minuses: median household income 11% lower than the Indiana median; unemployment of 4.6%; a poverty rate of 15.3%.

What is the median age in Garrett?

The median age in Garrett is 39.4 years (Indiana: 38.1).

How long is the commute in Garrett?

The average commute to work in Garrett is 20 minutes; 2.4% of workers work from home.

What is the unemployment rate in Garrett?

The unemployment rate in Garrett is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Garrett?

15.3% of adults in Garrett have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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