The typical owner-occupied home in Rockfield is worth about $69,600, 68% below the Indiana median of $218,200 and 79% below the national median of $332,700. Owners pay a median $640 a year in property taxes, about 0.92% of their home's value, higher than the Indiana rate of 0.74%. 84% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Rockfield at a glance
| Rockfield | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $69,600 | $218,200 | $332,700 |
| Median property tax paid per year | $640 | $1,614 | $3,119 |
| Property tax as a share of value | 0.92% | 0.74% | 0.94% |
| Median household income | – | $71,957 | $80,734 |
| Homes lived in by their owners | 84% | 71% | 65% |
| Owner homes with a mortgage | 0% | 64% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,404 | $1,963 |
| Median rent | – | $1,062 | $1,413 |
| Median year homes were built | 1953 | 1976 | 1980 |
| Vacant homes | 0.0% | 8.8% | 10.1% |
| Population | 144 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Rockfield
At this week's average 30-year rate of 7.11%, buying the median Rockfield home of $69,600 with 20% down costs about $457 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $573, 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 $19,582 for the 20%-down payment.
| Down payment | $13,920 |
|---|---|
| Loan amount | $55,680 |
| Principal and interest | $375 |
| Property taxes (0.92% a year) | $53 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| PMI | $0 |
| Total per month | $457 |
Change the numbers in the calculator
| Down payment | $2,436 |
|---|---|
| Loan amount | $68,339 |
| Principal and interest | $460 |
| Property taxes (0.92% a year) | $53 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| FHA mortgage insurance | $31 |
| Total per month | $573 |
Change the numbers in the calculator
Questions about home buying in Rockfield
What is the median home value in Rockfield?
About $69,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rockfield?
Homeowners pay a median $640 a year, which is about 0.92% 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 Rockfield?
For the median home with 20% down at 7.11%, the payment is about $457 a month. Keeping that under 28% of gross income takes about $19,582 a year.
More about Rockfield
- Mortgage Refinance in Rockfield
- Debt Relief in Rockfield
- Home Equity Loans in Rockfield
- 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