Cost of Living in Vincennes
Vincennes's cost of living runs genuinely, substantially affordable, alongside a median household income this record discloses honestly as the lowest of this batch's four Indiana Tier B markets.
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Learn moreGenuinely, substantially affordable housing
Vincennes's median home value carries a real, disclosed range of $111,600-$127,000 -- well below both Indiana's own statewide average ($262,265) and national figures.
A low combined income tax burden
Knox County levies a real, current flat 1.10% local income tax on top of Indiana's flat 2.95% state rate (2026) -- an approximate 4.05% combined burden, genuinely low by national standards.
A real, disclosed below-national household income
Vincennes's median household income ($53,638) runs the lowest of this batch's four Indiana Tier B markets, genuinely below the national median -- consistent with the city's real, disclosed population-decline trend.
A low, below-national effective property tax rate
Knox County's effective property tax rate (0.68%) runs below the roughly 1.02% national median.
Key takeaways
- Median home value ($111,600-$127,000) runs well below both Indiana's statewide average and national figures.
- Combined income tax burden runs approximately 4.05%.
- Median household income ($53,638) is the lowest documented across this batch's four Indiana markets.
- Knox County's 0.68% effective property tax rate runs below the national median.
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