Everything You Should Know Before Moving to Gem, IN
Planning a move to Gem, IN? This small, friendly rural community of around 300 residents offers affordable living with a median home price of $164,000 and average rents of $850. Enjoy a quiet lifestyle with low violent crime (112 per 100k), short average commutes of 28 minutes, and highly rated local schools. With easy access to the amenities of nearby Greenfield and Indianapolis, Gem offers a peaceful atmosphere, solid education, and a welcoming small-town feel—perfect for those seeking a slower pace and lower cost of living.
Demographics - GEM, IN
Gem, IN is a small rural community with a population of about 300, featuring a median age of 41 and a balanced gender ratio. The area is predominantly White, with over 93% of residents, and has a low percentage of non-English speakers, fostering a close-knit and familiar atmosphere.
Population:
300
Density:
150 per sq mi
Median Age:
41.2
Gender Ratio:
99 males per 100 females
Non-English Speakers Percentage:
2.5%
Ethnic Composition
White:
93.0%
Black:
2.2%
Asian:
0.8%
Others:
4.0%
Cost Of Living
What is the average cost of living in Gem, IN?
The cost of living in Gem is well below the national average, with a cost of living index of 84.9. Homeownership is accessible, as median house values stand at $164,000 and average rents are just $850 per month, making this an attractive option for budget-conscious movers.
Median House Value:
$164,000
Gross Rent:
$850
Monthly Electricity Charges:
$120
Auto Insurance:
$1,050
House Owner Cost With Mortgage:
$1,200
House Owner Cost Without Mortgage:
$420
State Taxes:
Low:
3.15%
|
High:
5.75%
Cost Of Living Index:
84.9
Grocery:
94.5
Housing:
72.2
Utilities:
90.1
Transportation:
85.3
Health Care:
89.0
Miscellaneous:
88.0
Crime
Is Gem, IN a safe place to live?
Gem offers a safe environment, with low violent crime rates at 112 incidents per 100,000 people and a property crime risk that is significantly below urban averages. Residents enjoy peace of mind in this secure, tight-knit community.
Violent Crimes Per 100k:
112
Property Crimes Per 100k:
1,190
Crime Index:
1,302
Chance Of Violent Crime:
1 in 900
Chance Of Property Crime:
1 in 84
Weather
What is the weather like in Gem, IN year-round?
Residents experience all four seasons, with warm summers averaging highs of 85°F and brisk winters dipping to 19°F. The town receives about 38.5 inches of rainfall annually and enjoys sunshine 53% of the year, offering a balanced Midwestern climate.
Winter
Min:
19°F
Max:
36°F
Spring
Min:
38°F
Max:
66°F
Summer
Min:
62°F
Max:
85°F
Fall
Min:
40°F
Max:
68°F
Average Rainfall Inches:
38.5 inches
Sunny Days Percentage:
53%
Neighbors
Households in Gem typically earn a median income of $66,200, with a poverty rate of 10.5% and a low unemployment rate of 3.6%. The community is well-educated, as over 91% have completed high school, and average commute times are under 28 minutes, supporting a comfortable lifestyle.
Median Income:
$38,000
Household Income:
$66,200
Family Income:
$73,500
Per Capita Income:
$29,500
Income Male:
$41,000
Income Female:
$33,000
Poverty Rate:
10.5%
Non English Speakers:
2.5%
Rent:
$850
Unemployment Rate:
3.6%
Public Transport Usage:
0.2%
Commute Time:
27.8 minutes
Education
High School or Higher:
91.0%
Bachelors or More:
19.8%
Education
How are the schools in Gem, IN?
Families benefit from quality local schools like Eastern Hancock Elementary and High School, which offer low student-teacher ratios. For higher education, Gem is within commuting distance to institutions such as Ivy Tech Community College and Ball State University, supporting lifelong learning opportunities.
Public Schools
Name:
Eastern Hancock Elementary School
Street:
10450 E 250 N, Charlottesville, IN 46117
Phone:
317-936-5444
Students:
540
Student Teacher Ratio:
16.3
Name:
Eastern Hancock High School
Street:
10320 E 250 N, Charlottesville, IN 46117
Phone:
317-936-5595
Students:
380
Student Teacher Ratio:
13.8
Colleges
Name:
Ivy Tech Community College - Anderson
City:
Anderson
State:
IN
Distance:
23 miles
Students:
3,800
Name:
Ball State University
City:
Muncie
State:
IN
Distance:
36 miles
Students:
20,000
Healthcare
Residents have access to nearby hospitals such as Hancock Regional and Community Hospital East, both offering emergency services. With 91.2% health insurance coverage and 1.6 physicians per 1,000 residents, basic healthcare needs are well supported in the area.
Major Hospitals
Name:
Hancock Regional Hospital
Address:
801 N State St, Greenfield, IN 46140
Phone:
(317) 462-5544
Type:
General & Surgical
Emergency Services:
Yes
Name:
Community Hospital East
Address:
1500 N Ritter Ave, Indianapolis, IN 46219
Phone:
(317) 355-1411
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.6
Health Insurance Coverage:
91.2%
Health Care Index:
71.2
Housing Market
What is the housing market like in Gem, IN?
Gem’s housing market is stable and affordable, with a median home price of $164,000 and an owner-occupied rate of nearly 79%. Rental options are available with average two-bedroom rents at $850, and home values have appreciated by 4.1% over the past year.
Median Home Price:
$164,000
Average Rent For 2 Bedroom:
$850
Owner Occupied Rate:
78.6%
Rental Vacancy Rate:
7.1%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
1.0%
Foreclosure Rate:
0.6%
DMV Information
Residents can access driver's services through the Indiana Bureau of Motor Vehicles, conveniently located in Indianapolis. The office provides a full range of vehicle and licensing services, and information is readily available online or by phone.
State:
Indiana
Department:
Indiana Bureau of Motor Vehicles
Address:
100 N Senate Ave, Indianapolis, IN 46204
Phone:
1-888-692-6841
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.