Goshen, IN

This city of 34,657 residents needs 410 more housing units over the next five years. Goshen is a CDBG-entitlement community, see how the ROAD to Housing Act could change that funding. Goshen is part of the Michiana Area COG.

Housing snapshot

Population
34,657 (2026)
Households
12,119
Median household income
$62,315 (2026)
Typical home value
$268,642
Owner-occupied
55%
Five-year housing need
410 units

Comparison to other Indiana municipalities

Goshen: $62,315 Median income (2026 estimate)
<$34K >$120K
Goshen: 2.18 jobs to household ratio
<0.06 >2.73
Goshen: Permits since 2021 represent 2.7% of housing
<0% >18.5%
On this page

How affordable is this community?

A typical home in Goshen, IN costs $268,642, somewhat above the Indiana average of $234,139. With a median household income of $62,315 in Goshen, IN, housing costs are a modest stretch for the typical household.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Goshen, IN has a population of roughly 34,420 that has been largely stable in recent years.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

Goshen, IN has roughly 12,119 households and a population that has been largely stable in recent years.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

In Goshen, IN, detached single-family accounts for 59% of the housing stock. Goshen, IN is roughly split between owners and renters, at 55% owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Goshen, IN needs 410 new units over the next 5 years.

410
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
137
Replacement housing
Effective annual loss rate is 2.0 per 1,000 units.
66
Ownership vacancy adjustment
Owner-occupied vacancy is 0.6%. This is below the minimum stable target of 1.5%.
113
Overcrowding adjustment
Overcrowding rate is 4.3%. This is above National avg. of 3.4%.
94
Substandard housing adjustment
Substandard housing rate is 1.76%. This is above National avg. of 0.98%.
410
Total 5-year housing production need (2026-2031)
82
Annual production pace
Average units needed per year to meet 5-year need
3.0%
Total housing unit growth
Percent increase in housing stock over 5 years
0.6%
Annual housing unit growth
Average percent increase in housing stock per year

Build Now Act: how could CDBG funding change?

The Build Now Act (Section 213 of the 21st Century ROAD to Housing Act) ties a CDBG entitlement community's grant to how much housing it is building. This is a CommunityScale estimate from public ACS data, not HUD's official determination — HUD calculates from Census Master Address File block counts.

How does this place compare to similar communities?