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Retirement community in Evansville, Indiana

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Evansville, Indiana Retirement Guide

established retirement community
55

Retirement Score

Evansville, Indiana at a Glance

Median Home Price
$129,100
State Income Tax
State income tax; Social Security exempt; some retirement income deductions available.
Avg January Low
28.7°F
Cost of Living Index
91.9 (US avg = 100)
Best For
established retirement community
RetireCityIQ Score
55 / 100

Overview

Explore the key retirement factors for Evansville, Indiana, including cost of living, taxes, healthcare quality, and climate data.

Cost of Living

Affordability Metrics

Cost of Living Index
91.9 (U.S. avg = 100)Medium confidence
BEA Regional Price Parities · Updated May 2026
Median Household Income
$49,853High confidence
U.S. Census ACS 5-Year · Updated September 2026

Evansville's cost of living is 8.099999999999994% below the national average. For a detailed breakdown of expenses, see our cost of living methodology.

Housing

Real Estate & Housing

Median Home Price
$129,100High confidence
U.S. Census ACS 1-Year · Updated September 2026
Median Monthly Rent
$901High confidence
U.S. Census ACS 1-Year · Updated September 2026
Owner-Occupied Housing
54.2%High confidence
U.S. Census ACS 5-Year · Updated September 2026

10-Year Housing Stress Test (Estimate)

Estimate monthly homeowner carrying cost in Evansville using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.

Estimated monthly carrying cost

$280

Stress-case monthly carrying cost

$314

Median home price used: $129,100

Median rent reference: $901 / month

Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.

Budget validation

Calculate if your savings last in this city

Use RetireFree to test whether your portfolio can support retirement in Evansville, Indiana after local housing costs, taxes, healthcare, inflation, and withdrawal timing.

Open the RetireFree Calculator →

Healthcare

Access & Quality

Healthcare Access Score
30.2 / 100High confidence
CMS Hospital General Information · Updated September 2026
Care Access (Proxy)
30.2 / 100Estimated
RetireCityIQ proxy model · Updated June 2026
Aging-in-Place Score
54.1 / 100Estimated
RetireCityIQ proxy model · Updated June 2026

Quality of care and specialist availability are critical for a successful retirement. Evansville scores 30.2 out of 100 for healthcare access.

Care planning link

Find local assisted living in Evansville

If your city research includes aging parents, future care needs, or a move closer to family, compare local care options alongside housing and healthcare access.

Assisted living in Evansville

Taxes

State Tax Climate

Retirement Tax Score
45 / 100High confidence
Tax Foundation · Updated September 2026
Tax Details
State income tax; Social Security exempt; some retirement income deductions available.High confidence
Tax Foundation · Updated September 2026

Indiana has a tax environment that is moderate for retirees.

Climate

Weather & Environment

Avg July High
88.4°FHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated September 2026
Avg January Low
28.7°FHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated September 2026
Annual Precipitation
42.3"High confidence
Open-Meteo Historical Weather (ERA5) · Updated September 2026
Sunny Days / Year
300 daysHigh confidence
Open-Meteo Historical Weather (ERA5) · Updated September 2026

With 300 sunny days a year and an average January low of 28.7°F, Evansville offers a traditional winter climate.

Safety & Walkability

Community Safety

Safety Score
98.2 / 100Medium confidence
FBI Crime Data Explorer · Updated June 2026

Walkability

Walk Score (proxy)
31.8 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026
Transit Score (proxy)
3.5 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated June 2026

Demographics

Population Profile

Population
116,906High confidence
U.S. Census ACS 5-Year · Updated September 2026
Median Age
38.1High confidence
U.S. Census ACS 5-Year · Updated September 2026
Age 65+
16.6%High confidence
U.S. Census ACS 5-Year · Updated September 2026
Veterans
7.5%High confidence
U.S. Census ACS 5-Year · Updated September 2026
Bachelor's Degree+
22.4%High confidence
U.S. Census ACS 5-Year · Updated September 2026

Diversity Breakdown

White
78.4%High confidence
U.S. Census ACS 5-Year · Updated September 2026
Black
13.6%High confidence
U.S. Census ACS 5-Year · Updated September 2026
Hispanic/Latino
3.5%High confidence
U.S. Census ACS 5-Year · Updated September 2026
Asian
1.2%High confidence
U.S. Census ACS 5-Year · Updated September 2026

Frequently asked questions about retiring in Evansville

Is Evansville, Indiana a good place to retire?

Evansville, Indiana is one of the US retirement-friendly cities tracked by RetireCityIQ. Notable retirement-relevant traits include established retirement community. See the at-a-glance card on this page for the cost of living, state tax treatment, climate, and healthcare access metrics.

What is the cost of living in Evansville, Indiana for retirees?

The cost-of-living index is 92, roughly 8% below the national average of 100. Median home price is around $129,100.

Does Indiana tax Social Security or retirement income?

For Indiana residents: State income tax; Social Security exempt; some retirement income deductions available.

What is the climate like in Evansville, Indiana?

Evansville, Indiana has January average low around 29°F, July average high around 88°F. Climate normals are based on 30-year averages from NOAA's National Centers for Environmental Information.

What is healthcare access like in Evansville, Indiana?

Evansville scores 30/100 on the RetireCityIQ healthcare access index — a limited score. The index combines CMS hospital quality ratings, Medicare Advantage plan availability, and hospitals per 100,000 residents (KFF + CMS data).

Local Professionals

Financial Advisors

FREEMAN, WILL & NIEMEIER, INC.

Financial Advisor

PETTINGA FINANCIAL ADVISORS, LLC

Financial Advisor

DONALDSON CAPITAL MANAGEMENT LLC

Financial Advisor

+54 more financial advisors available

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