What it's like to live in Lebanon

Lebanon is a small city in Indiana with rent below the national average, home prices that remain within reach, county unemployment below the national average, and commutes that run shorter than most cities. Those factors carry real weight for anyone weighing where to move next.

The tradeoffs are worth naming plainly. Lebanon deals with household incomes below the national average, college degree attainment below the national average, cold winters, and a car-dependent commute, with few people using transit.

The good

  • Rent below the national average
  • Affordable home prices
  • Low unemployment in the county
  • Short commutes
  • Clean air
  • Growing population

The not so good

  • Below-average household incomes
  • Low college degree attainment
  • Cold winters
  • Car-dependent — few commuters use transit

How Lebanon compares

Median household income

Lebanon$65,154
Indiana avg$71,957
US$80,734

Median rent (per month)

Lebanon$962
Indiana avg$1,062
US$1,413

Median home value

Lebanon$195,600
Indiana avg$218,200
US$332,700

What it takes to move to Lebanon

Based on Lebanon's median rent, home value and household income

To rent

$1,924

up front: first month plus a typical one-month deposit

  • Income to keep rent under 30%: $38,480 a year
  • 38% of Lebanon renters spend 30% or more of their income on rent

To buy

$39,120

a 20% down payment on the median home

  • With 10% down: $19,560
  • Homes cost 3.0× the typical local household income (US: 4.1×)

Moving costs, closing costs and taxes not included.

The details

Cost of living▼ 32% below US

$962/mo median rent

Rent here is genuinely low, with median rent around $962 a month. Factoring in local incomes, the value gets even better. Money stretches further here than in most of the country. Home prices here are genuinely accessible, with a median around $195,600. That kind of affordability is rare in today's market.

Median home value $195,600 · 38% of renters cost-burdened

Job market

2.8% county unemployment

Unemployment in Boone County is 2.8%, a little below the national average of 4.3%. That's the county-wide rate; BLS doesn't measure a place this size on its own.

Boone County (county-wide)

Safety▼ 28% below US

236 violent crimes per 100k

Pretty safe, all things considered. Violent crime sits below the national average, nothing alarming, just ordinary city-life awareness.

Property crime 914/100k · Lebanon Police Department · 2025 data

Getting around▼ 18% below US

21 min average commute

Commutes are reasonable, averaging 21.2 minutes. Nothing heroic, and there's still time left over for a life after work. 9 in 10 workers drive to work; 13% work from home.

How workers get to work

Drive alone
76%
Work from home
13%
Carpool
9.8%
Other
0.8%
Walk
0.3%

Climate

Summers are warm, with highs around 82°F, and winters are cold, with lows around 23°F and snow a regular occurrence. Rainfall is regular throughout the year.

Average month

High °FLow °FPrecip (in)
10°30°50°70°90°5"Jan: 2.86" precipitationFeb: 2.47" precipitationMar: 3.16" precipitationApr: 4.30" precipitationMay: 4.56" precipitationJun: 4.67" precipitationJul: 3.83" precipitationAug: 2.85" precipitationSep: 3.29" precipitationOct: 2.97" precipitationNov: 3.43" precipitationDec: 2.88" precipitation20°JJan: high 33°F, low 20°FFFeb: high 39°F, low 23°FMMar: high 50°F, low 32°FAApr: high 63°F, low 42°FMMay: high 73°F, low 53°FJJun: high 81°F, low 61°F83°JJul: high 83°F, low 64°FAAug: high 82°F, low 62°FSSep: high 77°F, low 55°FOOct: high 65°F, low 44°FNNov: high 50°F, low 34°FDDec: high 38°F, low 25°F

30-year averages, 1991–2020

Healthcare

1 hospital

There's one Medicare-certified hospital inside city limits, rated 4.0 out of 5 by Medicare. Hospitals in neighboring towns aren't counted here.

Medicare-certified hospitals

Education & workforce▼ 40% below US

22% bachelor's degree or higher

College degree attainment runs below average at 22%. That tends to reflect a more trade and working-class economy, which can be great or limiting depending on the industry.

Schools

6 public schools inside the boundary

There are 6 public schools inside the boundary and 2 private schools. The student-to-teacher ratio is 15:1, well below the national average of 16:1. Smaller class sizes are generally a positive sign for a district.

Bottom line

Lebanon's strongest points are rent below the national average and home prices that remain within reach; the main tradeoffs are household incomes below the national average and college degree attainment below the national average. A year of median rent ($962/mo) equals 18% of the median household income here, less than the 21% typical nationwide. It tends to suit people watching their budget, job seekers (county-wide unemployment is low), and anyone prioritizing low crime.

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