Rent-to-Own Homes in Evansville, IN: What You Need to Know
Known as the Crescent City for its curved shape as it sits along the Ohio River, Evansville is a city of nearly 118,000. Over the past 50 years, the city has become an economic hub for the tri-state region, boasting economic fervor inspired by the growing University of Southern Indiana.
Cost of Living
Evansville, Indiana is a budget-friendly option for city living. It’s 22% less expensive to live here as compared to the national average. Median home prices at $120,300 are not only less than the national average; it’s less costly than the rest of Indiana. While utilities are 10% greater than the national average, other household necessities, including healthcare, groceries, and transportation, are significantly less expensive. The cost of rent for an apartment is $774. One-bedrooms apartments have an average cost of $681 per month; two-bedroom units average $796.
Schools and Higher Education
Serving the cities of Evansville and Vanderburgh, the Evansville Vanderburgh School Corporation offers thirty-seven public schools and two public charter schools, and an array of preschools. There’s a 16:1 student to teacher ratio throughout the district. Evansville is home to seven higher learning institutions, including one community college, one public college, and five private colleges and universities. The University of Evansville and the University of Southern Indiana are the best known of these institutions.
Weather & Climate
Evansville sees winters that are cold, wet, and quite windy. Summers here are muggy and hot. Residents here do get to experience all four seasons. The city sees, on average, ten inches of snow annually along with 46 inches of rain. Winter temperatures average 26ºF for the low but have been known to go as low as 10ºF. January is the coldest month here, and July is the warmest, where temperatures average 88ºF, though they can go as high as 94ºF.
118,000 residents call Evansville their home. 80% of the population is Caucasian, 3% are Hispanic, 1% are Asian American, and 13% are African American, while 3% are two or more races. 16% of the population is over 65 years of age, while 21% are under 18 years old.
The Local Sports Scene
Evansville does not host any major league teams, though several minor league teams in each of the top sports categories call this Indiana city their home. The Evansville residents do love sports and cheer on the teams that come from Indiana, including the Indianapolis Colts (NFL), Indiana Pacers (NBA), and Indiana Bandits (GWBA). Like fans from throughout the state, Evansville’s residents also cheer on their college teams in football, basketball, and baseball. The Indianapolis 500 car race is also a fan favorite for people all over the state.