1st Advantage MortgageFountain County households have a median income of $62,542 and median rent of $843 a month (ACS 2020 to 2024). A loan makes sense only if its total cost beats your alternatives and the payment fits your budget. Check the lender's Indiana license first.
On this page
- Who lives in Fountain County
- Jobs and commutes in Fountain County
- What Fountain County households earn
- Fountain County housing compared with Indiana
- Fountain County and the counties next door
- Places inside Fountain County
- Fountain County households compared
- Borrowing situations common in Fountain County
- What a median Fountain County budget can carry
- Licensing and complaints for Fountain County
- Steps before you apply in Fountain County
- Nearby and statewide guides
- Frequently asked questions
Who lives in Fountain County
The latest five-year Census estimate puts Fountain County's population at 16,617; only 76 of Indiana's 92 county-level areas are larger. Spread over 396 square miles, that works out to roughly 42.0 residents per square mile. It sits outside every metropolitan statistical area in the July 2023 OMB delineation. Attica is the biggest of its 8 Census places, at roughly 3,238 people (19% of the county total).
Jobs and commutes in Fountain County
By the Census industry count, 24% of employed Fountain County residents work in manufacturing and 24% in education and health care. Compared with Indiana, the county leans toward manufacturing (24% against 18%). The survey's unemployment rate for Fountain County averages 4.7% over 2020 to 2024 (state: 4.3%). Long commutes are common here: 18% of workers spend 45 minutes or longer getting to work. Households without a car make up 3.2% of the total (6.2% statewide).
| Industry (employed residents 16+) | Fountain County | Gap to Indiana |
|---|---|---|
| Manufacturing | 24.3% | +6.3 pts |
| Education and health care | 23.8% | +0.3 pts |
| Retail trade | 10.1% | -0.6 pts |
| Professional and administrative services | 6.3% | -2.9 pts |
| Construction | 6.3% | -0.3 pts |
| Transportation, warehousing and utilities | 5.1% | -1.1 pts |
Where long drives are the norm, a car repair is one of the most common surprise bills. A small repair fund can keep a breakdown from turning into a loan.
What Fountain County households earn
The median household income in Fountain County is $62,542; statewide it is $71,957, so Fountain County runs 13% below Indiana as a whole.
| Household income | Fountain County | vs Indiana |
|---|---|---|
| Under $35,000 | 24.1% | +1.5 pts |
| $35,000 to $99,999 | 52.2% | +8.8 pts |
| $100,000 to $199,999 | 20.5% | -5.3 pts |
| $200,000 or more | 3.2% | -5.1 pts |
About 24% of households earn under $35,000, while 24% clear $100,000. The poverty rate is 12.4%, the same as the state's 12.3%. Income from any regular source can count, including Social Security, pensions and disability benefits, as long as you can document it.
Fountain County housing compared with Indiana
Median gross rent, utilities included, comes to $843 in Fountain County versus $1,062 statewide. 29% of renting households spend 30% or more of income on rent, and 10% spend half or more. With a median value of $143,400, a typical Fountain County house costs 2.3 times what the median household earns in a year. 75% of Fountain County households own their home and 25% rent.
| Cost | Fountain County | Indiana figure | Median county, U.S. |
|---|---|---|---|
| Median gross rent | $843/mo | $1,062/mo | $877/mo |
| Median home value | $143,400 | $218,200 | $185,300 |
| Owners | 75% | 71% | 75% |
| Rent-burdened renters | 29% | 48% | 45% |
| Burdened owners | 25% | 20% | n/a |
| Mobile homes | 11.3% | 4.4% | n/a |
In an owner-heavy county like Fountain County, many borrowers can also choose a home equity loan or line of credit. Those can price lower but put the house on the line, so compare the two in writing; our personal loan vs. HELOC guide walks through it.
Fountain County and the counties next door
Six nearby counties, 18 to 26 miles away by the straight-line distance between their centers. Warren County leads the group on income ($82,425), Vermilion County trails ($56,877), and Fountain County out-earns 3 of the six. The list crosses into Illinois, where different lending rules and regulators apply.
| Adjacent area | How far | HH income (median) | Rent (median) | Owner share |
|---|---|---|---|---|
| Fountain County | - | $62,542 | $843/mo | 75% |
| Warren County, IN | 18 mi | $82,425 | $830/mo | 82% |
| Montgomery County, IN | 19 mi | $71,479 | $858/mo | 80% |
| Vermillion County, IN | 22 mi | $60,200 | $750/mo | 75% |
| Parke County, IN | 24 mi | $68,485 | $704/mo | 82% |
| Tippecanoe County, IN | 26 mi | $60,636 | $1,124/mo | 53% |
| Vermilion County, IL | 26 mi | $56,877 | $838/mo | 70% |
Places inside Fountain County
Here are the 8 most populous of the county's 8 Census places, with income and rent from the same 2020 to 2024 survey. About 61% of Fountain County residents live in one of the 8. Hillsboro has the highest median household income on the list ($70,769) and Kingman the lowest ($33,393), counting places with at least 500 residents. Median rent ranges from $699 in Veedersburg to $1,020 in Hillsboro. None of the 8 has its own city guide, so this page covers all of them.
| Town or CDP | Type | People | Median household income | Median gross rent | Miles from center |
|---|---|---|---|---|---|
| Attica | city | 3,238 | $68,931 | $802 | 11 mi |
| Covington | city | 3,069 | $52,466 | $847 | 8 mi |
| Veedersburg | town | 1,990 | $58,145 | $699 | 1 mi |
| Kingman | town | 693 | $33,393 | $770 | 11 mi |
| Hillsboro | town | 656 | $70,769 | $1,020 | 4 mi |
| Newtown | town | 200 | $59,167 | n/a | 7 mi |
| Mellott | town | 195 | $86,000 | n/a | 5 mi |
| Wallace | town | 140 | $75,500 | n/a | 10 mi |
Fountain County households compared
College graduates make up 15% of the adult population. About 7% go without health insurance.
| Fountain County | Indiana | U.S. county median | |
|---|---|---|---|
| Median age | 42.7 | 38.1 | 41.5 |
| Bachelor's or higher | 14.7% | 29.5% | 22.2% |
| No high school diploma | 8.9% | 9.6% | n/a |
| No health insurance | 6.6% | 7.4% | 7.8% |
| No vehicle | 3.2% | 6.2% | 5.4% |
| Work from home | 5.7% | 10.7% | 8.7% |
| Poverty rate | 12.4% | 12.3% | 13.2% |
| Unemployment (ACS) | 4.7% | 4.3% | 4.4% |
| One-way commute | Share of Fountain County workers |
|---|---|
| Under 15 min | 32.2% |
| 15 to 29 min | 27.4% |
| 30 to 44 min | 22.7% |
| 45 to 59 min | 11.2% |
| 60+ min | 6.4% |
Borrowing situations common in Fountain County
Based on the Fountain County data above, these borrowing questions are most likely to matter locally.
- Requirements. Lenders weigh credit history, documented income and existing debt (what to gather).
- Scams. A fee demanded before funding is a red flag; report it at ReportFraud.ftc.gov (spotting scams).
- Check your file. An error fixed before you apply can change the offers a Fountain County borrower sees (free reports).
What a median Fountain County budget can carry
Fountain County at the medians, through a lender's eyes (what DTI means):
- Start: $5,212 gross per month ($62,542 / 12)
- Median rent: $843, or 16 cents of every gross dollar
- $981: what a 35% ratio leaves once rent is paid
- 45% debt-to-income limit: $1,502 left for all other debt payments
Subtract what you already pay on other debts. A new payment should fit in what remains, with some to spare.
Licensing and complaints for Fountain County
Licensing happens at the state level, so a lender working with Fountain County borrowers answers to the Indiana Department of Financial Institutions. Banks and credit unions have their own regulators, and the CFPB takes complaints about any lender. The Indiana guide covers state rules in more detail.
Steps before you apply in Fountain County
Four checks before you sign anything:
- Know the exact dollar figure you need before talking to a lender.
- Ask each lender for the APR and all fees in writing.
- Only work with lenders licensed for Indiana borrowers.
- Pick the shortest term whose payment still fits.
Nearby and statewide guides
For statewide rules and data, see the Indiana guide.
Frequently asked questions
What is the median household income in Fountain County?
$62,542 a year in the 2020 to 2024 Census survey, versus $71,957 for Indiana. It ranks 71st of 92 in the state.
What do renters pay in Fountain County?
$843 a month at the median, about 16% of median household income.
Does this page cover Attica?
Yes, along with the other 7 Census places in Fountain County, such as Covington, Veedersburg, Kingman.
Can Fountain County residents use the questionnaire?
Yes. It asks the same questions in every Indiana county, lists every requirement up front and does not affect your credit score.
Where can someone in Fountain County check a lender's license?
With the Indiana Department of Financial Institutions. If a lender is unlicensed or asks for a fee before funding, walk away.