Living in Valparaiso, Indiana
Cost of living, income, home prices, rent and demographics of Valparaiso · Census data 2020–2024
Valparaiso has 34,733 residents with a median age of 37. The median household income is $69,872 (about the same as the Indiana median), the median home value is $267,300, the median rent is $1,224/month.
Valparaiso at a glance
- Population
- 34,733
- Median age
- 37State: 38.1
- Median household income
- $69,872State: $71,957
- Median home value
- $267,300State: $218,200
- Median rent
- $1,224/moState: $1,062
- Homeowners
- 58%
- Bachelor's degree or higher
- 40.6%
- Average commute
- 25 min
Is Valparaiso a good place to live?
Pros: Unemployment of 3.6%.
Cons: Median household income about the same as the Indiana median; home values 23% higher than the state median; an average commute of 25 minutes; a poverty rate of 14.9%.
The weather is best in June to September.
Cost of living in Valparaiso
Housing is the biggest part of the cost of living. In Valparaiso the median home value is $267,300, 20% lower than the U.S. median. Renters pay a median of $1,224 per month, which is 32.1% of household income. Homeowners with a mortgage pay $1,580 a month in housing costs.
Valparaiso median household income
The median household income in Valparaiso is $69,872 and the income per person is $38,894. 14.9% of residents live below the poverty line (Indiana: 12.3%).
Housing in Valparaiso: homes for sale and rent
- Housing units
- 15,558
- Owner-occupied
- 58%
- Renter-occupied
- 42%
- Vacant
- 6.1%Includes seasonal homes
- Median year built
- 1980
- Average household size
- 2.19
Valparaiso demographics
- Population
- 34,733
- Median age
- 37
- Under 18
- 19.1%
- 65 and older
- 16.9%
- Households
- 14,611
- Foreign-born
- 5.5%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Valparaiso ›
Education in Valparaiso
40.6% of adults 25 and older in Valparaiso have a bachelor's degree or higher (Indiana: 29.5%), and 15.6% have a graduate or professional degree.
Jobs and commute in Valparaiso
- Unemployment rate
- 3.6%State: 4.3%
- Average commute
- 25 minState: 24 min
- Work from home
- 10.4%
- Drive alone
- 74.8%
- Public transit
- 0.5%
- Walk to work
- 3.5%
- Homes with broadband
- 91.9%
Valparaiso vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Valparaiso | 34,733 | $69,872 | $267,300 | $1,224 |
| Aberdeen | 1,490 | $94,926 | $367,100 | $2,109 |
| Salt Creek Commons | 1,843 | $94,167 | $198,300 | $1,388 |
| Shorewood Forest | 3,263 | $165,972 | $479,100 | — |
| South Haven | 7,241 | $76,003 | $178,200 | $1,297 |
| Malden | 137 | $95,288 | $225,000 | — |
| Chesterton | 14,446 | $91,060 | $300,900 | $1,274 |
| Westville | 5,279 | $60,794 | $139,300 | $1,019 |
| Wanatah | 1,178 | $68,409 | $195,100 | $978 |
More for people moving to Valparaiso
Valparaiso ZIP code ›Weather and climate ›Living in Valparaiso: FAQ
What is the median household income in Valparaiso, IN?
The median household income in Valparaiso is $69,872, about the same as 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 Valparaiso?
The median home value in Valparaiso is $267,300, compared with $218,200 in Indiana.
How much is rent in Valparaiso?
The median gross rent in Valparaiso is $1,224 per month, about 32.1% of household income.
Is Valparaiso, IN a good place to live?
Pluses: unemployment of 3.6%. Minuses: median household income about the same as the Indiana median; home values 23% higher than the state median; an average commute of 25 minutes; a poverty rate of 14.9%.
What is the median age in Valparaiso?
The median age in Valparaiso is 37 years (Indiana: 38.1).
How long is the commute in Valparaiso?
The average commute to work in Valparaiso is 25 minutes; 10.4% of workers work from home.
What is the unemployment rate in Valparaiso?
The unemployment rate in Valparaiso is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Valparaiso?
40.6% of adults in Valparaiso 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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