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St. Joseph County, IN

RANK #157 / 996  ·  POP 272,388  ·  IN

PROJECTED GROWTH: +2.4%

St. Joseph County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why St. Joseph County?

The University of Notre Dame, with its iconic Golden Dome, is a central feature of St. Joseph County, Indiana, often the first thing locals mention. Located in north-central Indiana, the county seat, South Bend, is approximately 96 miles east of Chicago, with commuter rail service available to downtown Chicago from South Bend International Airport. The community offers a blend of urban amenities in South Bend and Mishawaka, alongside quieter rural towns like New Carlisle and Walkerton. The St. Joseph River, which gives the county its name, flows through the area, contributing to the natural scenery and providing opportunities for outdoor recreation like paddling and hiking in parks such as St. Patrick's County Park. Life in St. Joseph County offers a balance of educational opportunities and a developing economy. The area is home to several higher education institutions, including the University of Notre Dame, Indiana University–South Bend, and Saint Mary's College. The economy is experiencing growth, particularly in sectors such as advanced manufacturing, healthcare, and technology. Recent developments indicate investment in large-scale projects, including manufacturing and data centers, contributing to job creation and economic activity.

[02] Market Snapshot

Housing Ratio
2.9x

Undervalued relative to economy

GDP Growth
+1.6%

Below national median

Home Prices
+3.8%

Outpacing national median

Climate & Terrain
-2.5

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 2.9x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

St. Joseph County U.S. National

The Numbers

DEMOGRAPHICS
Population
272,388
+0.12% YoY
Median Household Income
$61,877
Median Home Value
$165,700
+3.84% 12mo
Median Rent
$969
Average Annual Pay
$59,303
+3.6% YoY
Employment
121,043
+0.1% YoY
Income-to-Home-Value
0.3734
More affordable than average
Migration Inflow
2.0%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$212,750
Days on Market
43
Moderate pace
Months of Supply
2.2
Seller's market
Sale-to-List Ratio
97.7%
Negotiation room for buyers
Sold Above List
25.0%
Listings w/ Price Drops
27.3%
Building Permits (2024)
752
Single-Family Permits
270

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$16,365M
TOTAL
PROJECT AMOUNT STATUS
AWS Data Center Campus (New Carlisle)
Amazon Web Services (AWS)
$11,000M Under Construction
GM-Samsung SDI EV Battery Plant (New Carlisle)
General Motors & Samsung SDI
$3,500M Under Construction
Microsoft Data Center (Granger)
Microsoft
$1,000M Planned
St. Joseph Energy Center (Natural Gas Power Plant)
Wabash Valley Power Alliance and Hoosier Energy (formerly Ares Management, KPIC USA, Toyota Tsusho)
$700M Operating
Honeysuckle Solar Project
Lightsource BP
$165M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.6% 28 percentile
Population Growth +0.1% 35 percentile
Income Growth +5.6% 6 percentile
Vacancy Rate 1.5% 24 percentile
Home Price Change +3.8% 81 percentile
Rent Growth +4.1% 68 percentile
Price/Rent 10x 90 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is St. Joseph County, IN a good place to move to?

St. Joseph County has a Boom Town Index score of 84/100, ranking #157 among 996 U.S. counties. With job growth at +0.1% and a median household income of $61,877, it's an above-average county on economic indicators.

Is St. Joseph County affordable?

The median home value in St. Joseph County is $165,700 with median rent at $969/month. The income-to-home-value ratio is 0.3734, which is more affordable than the national average.

Is St. Joseph County growing or shrinking?

Population growth: +0.1% year-over-year. Job growth: +0.1%. Home values changed +3.8% in the past 12 months.

[08] Similar Metros

Broome County, NY 94 Tuscola County, MI 94 Capitol Planning Region, CT 94 Lee County, MS 94 Scioto County, OH 94 LaSalle County, IL 94 Grundy County, IL 94 Elmore County, AL 94