The typical owner-occupied home in Indian Wells is worth about $1,078,200, 47% above the California median of $734,700 and 3.2 times the national median of $332,700. Owners pay a median $10,001 a year in property taxes, about 0.93% of their home's value, higher than the California rate of 0.70%. The median household earns $162,990 a year, so the median home costs 6.6 times the median income (7.4 times for California). 80% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Indian Wells at a glance
| Indian Wells | California | U.S. | |
|---|---|---|---|
| Median home value | $1,078,200 | $734,700 | $332,700 |
| Median property tax paid per year | $10,001 | $5,124 | $3,119 |
| Property tax as a share of value | 0.93% | 0.70% | 0.94% |
| Median household income | $162,990 | $99,122 | $80,734 |
| Homes lived in by their owners | 80% | 56% | 65% |
| Owner homes with a mortgage | 47% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,946 | $1,963 |
| Those costs as a share of the owners' income | 25.9% | 24.8% | 21.0% |
| Median rent | $1,088 | $2,036 | $1,413 |
| Rent as a share of renters' income | 39.2% | 32.8% | 30.6% |
| Median year homes were built | 1988 | 1976 | 1980 |
| Vacant homes | 51.4% | 7.5% | 10.1% |
| Population | 4,871 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Indian Wells
At this week's average 30-year rate of 7.11%, buying the median Indian Wells home of $1,078,200 with 20% down costs about $7,087 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $9,057, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $303,744 for the 20%-down payment. That payment is 52% of the median Indian Wells household income of $162,990; at that income and 20% down, the 28% guideline points to a home of about $579,000.
The median rent here is $1,088 a month, so owning the median home costs about $5,999 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $215,640 |
|---|---|
| Loan amount | $862,560 |
| Principal and interest | $5,802 |
| Property taxes (0.93% a year) | $836 |
| Homeowners insurance (our estimate, 0.5% a year) | $449 |
| PMI | $0 |
| Total per month | $7,087 |
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| Down payment | $37,737 |
|---|---|
| Loan amount | $1,058,671 |
| Principal and interest | $7,122 |
| Property taxes (0.93% a year) | $836 |
| Homeowners insurance (our estimate, 0.5% a year) | $449 |
| FHA mortgage insurance | $650 |
| Total per month | $9,057 |
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Questions about home buying in Indian Wells
What is the median home value in Indian Wells?
About $1,078,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Indian Wells?
Homeowners pay a median $10,001 a year, which is about 0.93% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Indian Wells?
For the median home with 20% down at 7.11%, the payment is about $7,087 a month. Keeping that under 28% of gross income takes about $303,744 a year.
More about Indian Wells
- Mortgage Refinance in Indian Wells
- Debt Relief in Indian Wells
- Home Equity Loans in Indian Wells
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data