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These days, finding an affordable place to live in the Bakertown area can be challenging. Home prices in Bakertown are now at a median cost of $357,294, higher than the Indiana average of $232,932.
The average cost of rent is $611/mo in Bakertown, primarily driven by the current value of real estate in the Bakertown area. In Bakertown, 18.64% of households rent, and 42.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bakertown is $7,262 per month. Households that rent pay about 8.42% of their income on rent here. Bakertown’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Makaha, HI: higher priced homes
- Malo, WA: equally priced homes
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