Valparaiso, IN
Population 34,377 · Indiana
About Valparaiso, IN
Valparaiso is a mid-sized city in Indiana with a population of 34,377 residents. The median household income is $67,664 per year, which is near the national average. The median age in Valparaiso is 37 years.
Housing in Valparaiso has a median home value of $250,500 and median monthly rent of $1,142. Of the 15,238 total housing units, the majority are owner-occupied, with 8,405 owner-occupied and 5,945 renter-occupied units.
The unemployment rate in Valparaiso is 3.4% and the poverty rate is 14.0%. 40.6% of residents hold a bachelor's degree or higher. The average commute time is 23.2 minutes.
How Valparaiso Ranks in Indiana
Cost of Living in Valparaiso, IN
Compared to national averages, Valparaiso has a median household income of $67,664 (10% below the national median of $75,149). Home values average $250,500, which is 2% above the national median. Monthly rent at $1,142 is 2% below the US average of $1,163. Within Indiana, Valparaiso's income is 2% below the state average of $69,330, and home values are 53% above the state median of $163,409.
Why Live in Valparaiso, IN?
Valparaiso offers rent that’s lower than the national average at $1,142/month, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 40.6% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 23.2 minutes.
Potential considerations include median household income ($67,664) that falls below the national average. However, Valparaiso’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Valparaiso has a population of 34,377 with a median age of 37 years. Compare Valparaiso with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Valparaiso
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Goshen | 34,374 | $55,436 | $175,200 | Compare |
| Crown Point | 34,042 | $95,757 | $272,800 | Compare |
| Richmond | 35,551 | $46,395 | $107,600 | Compare |
| Plainfield | 35,783 | $85,074 | $263,900 | Compare |
| Merrillville | 36,343 | $64,791 | $194,000 | Compare |
| Michigan City | 31,894 | $52,979 | $129,000 | Compare |
| Zionsville | 31,442 | $159,126 | $543,800 | Compare |
| New Albany | 37,589 | $54,152 | $169,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Valparaiso
What is the population of Valparaiso, IN?
The population of Valparaiso, IN is 34,377 according to the latest Census data.
What is the median household income in Valparaiso?
The median household income in Valparaiso, IN is $67,664 per year.
What is the median home value in Valparaiso?
The median home value in Valparaiso, IN is $250,500.
What is the average rent in Valparaiso?
The median monthly rent in Valparaiso, IN is $1,142.
What is the unemployment rate in Valparaiso?
The unemployment rate in Valparaiso, IN is 3.4%.