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Top Reasons to Live in Greencastle, IN

  • Relaxing golf! Old Hickory Golf Course north of Big Walnut Creek is a 5,805-yard, 18-hole course that opened in 1992. Before you tee up on the par-72 layout, work out the kinks in your swing on the practice putting green, at the chipping area and in the practice bunker.

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  • Outdoor recreational opportunities! Outdoor enthusiasts will enjoy the 12-mile long Vandalia Trail, and bikers and horseback riders have their own separate trails to ride. Jaycee Park, De Pauw Nature Park, Robe Ann Park and Quarry Pond all provide plenty of space for relaxing afternoons.
  • Modest living costs! Homes are often quite affordable in Greencastle, thanks to a median home price of $107,800. Residents in the city also enjoy a cost of living that is 13.4 percent lower than the national average. The modest cost of residential real estate results in an affordable rent climate. For example, the average rent for a one-bedroom unit is $605, noticeably lower than the national average of $765. The average rent of $1,006 for a three-bedroom rental is well below the U.S. average of $1,289.
  • Healthy, growing city! Since the year 2000, the population of Greencastle has increased by seven percent. In 2014, the median home price increased 7.7 percent, making this city a good investment for people seeking rent to own homes. From the historic Victorian homes and quaint bungalows near the Courthouse Square Historic District to the neighborhood around De Pauw University, there are a variety of homes for sale on the market.
  • Vibrant local economy! The city's job outlook is positive. Overall job growth is pegged at 4.17 percent, and the unemployment rate of 5.7 percent is well below the national average of 6.3 percent. The 2009 completion of the Greencastle campus of Ivy Tech Community College stimulated area employment, and DePauw University is another major employer in the city.
  • Enriched by the arts! The university is a lively center for the arts in the community. For example, the Performing Arts Series at the De Pauw Social Center brings a steady stream of diverse performers to town. At the Richard E. Peeler Arts Center, students and residents alike can attend exhibitions throughout the year featuring internationally recognized artists. Finally, the Green Center for the Performing Arts includes dynamic venues such as the Moore Theater, the Kresge Auditorium and the Thompson Recital Hall.

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