Press Release

Marion Named #1 Most Affordable Metro in the U.S. Share

Jan 19, 2018  |  Layla Price-Bodkin

Accord­ing to a report released this week by Real​tor​.com®, Mar­i­on was found to be the #1 Most Afford­able Metro in the nation. The report relays the dol­lar stretch­es far in Mar­i­on, with the medi­an price of a home at $66,750, and medi­an price of its most afford­able ZIP code at $45,000. Real​tor​.com® inter­viewed local bro­ker, Char­mayne Say­lors, who stat­ed that for about $70,000, one can eas­i­ly pur­chase a 3-bed­room home with a garage. 

The report sum­ma­rized Marion’s main indus­tries, agri­cul­ture & man­u­fac­tur­ing, rec­og­niz­ing Gen­er­al Motors’ Mar­i­on Met­al Stamp­ing Plant’s recent mul­ti-mil­lion dol­lar invest­ment. The release also tout­ed our county’s incred­i­bly low tax rates across the board.

The arti­cle erro­neous­ly report­ed that Mar­i­on was locat­ed in Mar­i­on Coun­ty, how­ev­er the Grant Coun­ty unem­ploy­ment rate is rel­a­tive­ly sim­i­lar at 3.9% accord­ing to the Indi­ana Depart­ment of Work­force Devel­op­ment. Fur­ther­more, Indiana’s job­less rate has been decreas­ing remark­ably over the past decade, from 10.7% in 2009 to 3.7% at the end of 2017.

Mar­i­on May­or Jess Alum­baugh says he’s not sur­prised by the report. 

We have seen a steady growth in the hous­ing mar­ket here in Mar­i­on. While there has always been a pop­u­la­tion that com­mutes to jobs out­side of Mar­i­on, we are now see­ing indi­vid­u­als pur­chas­ing homes in the Mar­i­on area and com­mut­ing to jobs out­side of the coun­ty. This is one small exam­ple of why we are com­mit­ted in mak­ing Mar­i­on a qual­i­ty of life’ place peo­ple want to live.”

May­or Jess Alumbaugh
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