The typical owner-occupied home in Harlan is worth about $179,200, 18% below the Indiana median of $218,200 and 46% below the national median of $332,700. Owners pay a median $1,078 a year in property taxes, about 0.60% of their home's value, lower than the Indiana rate of 0.74%. The median household earns $75,313 a year, so the median home costs 2.4 times the median income (3.0 times for Indiana). 79% of occupied homes here are lived in by their owners, and 34% of those owners still have a mortgage.
Harlan at a glance
| Harlan | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $179,200 | $218,200 | $332,700 |
| Median property tax paid per year | $1,078 | $1,614 | $3,119 |
| Property tax as a share of value | 0.60% | 0.74% | 0.94% |
| Median household income | $75,313 | $71,957 | $80,734 |
| Homes lived in by their owners | 79% | 71% | 65% |
| Owner homes with a mortgage | 34% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,184 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 12.9% | 18.1% | 21.0% |
| Median rent | $894 | $1,062 | $1,413 |
| Rent as a share of renters' income | 27.3% | 29.1% | 30.6% |
| Median year homes were built | 1972 | 1976 | 1980 |
| Vacant homes | 6.9% | 8.8% | 10.1% |
| Population | 1,254 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Harlan
At this week's average 30-year rate of 7.11%, buying the median Harlan home of $179,200 with 20% down costs about $1,129 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,427, 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 $48,371 for the 20%-down payment. That payment is 18% of the median Harlan household income of $75,313; at that income and 20% down, the 28% guideline points to a home of about $279,000.
The median rent here is $894 a month, so owning the median home costs about $235 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $35,840 |
|---|---|
| Loan amount | $143,360 |
| Principal and interest | $964 |
| Property taxes (0.60% a year) | $90 |
| Homeowners insurance (our estimate, 0.5% a year) | $75 |
| PMI | $0 |
| Total per month | $1,129 |
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| Down payment | $6,272 |
|---|---|
| Loan amount | $175,954 |
| Principal and interest | $1,184 |
| Property taxes (0.60% a year) | $90 |
| Homeowners insurance (our estimate, 0.5% a year) | $75 |
| FHA mortgage insurance | $79 |
| Total per month | $1,427 |
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Questions about home buying in Harlan
What is the median home value in Harlan?
About $179,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Harlan?
Homeowners pay a median $1,078 a year, which is about 0.60% 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 Harlan?
For the median home with 20% down at 7.11%, the payment is about $1,129 a month. Keeping that under 28% of gross income takes about $48,371 a year.
More about Harlan
- Mortgage Refinance in Harlan
- Debt Relief in Harlan
- Home Equity Loans in Harlan
- 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