The typical owner-occupied home in Henryville is worth about $204,000, 7% below the Indiana median of $218,200 and 39% below the national median of $332,700. Owners pay a median $1,173 a year in property taxes, about 0.58% of their home's value, lower than the Indiana rate of 0.74%. The median household earns $71,667 a year, so the median home costs 2.8 times the median income (3.0 times for Indiana). 87% of occupied homes here are lived in by their owners, and 80% of those owners still have a mortgage.
Henryville at a glance
| Henryville | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $204,000 | $218,200 | $332,700 |
| Median property tax paid per year | $1,173 | $1,614 | $3,119 |
| Property tax as a share of value | 0.58% | 0.74% | 0.94% |
| Median household income | $71,667 | $71,957 | $80,734 |
| Homes lived in by their owners | 87% | 71% | 65% |
| Owner homes with a mortgage | 80% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,353 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 18.5% | 18.1% | 21.0% |
| Median rent | $810 | $1,062 | $1,413 |
| Rent as a share of renters' income | 51.0% | 29.1% | 30.6% |
| Median year homes were built | 1997 | 1976 | 1980 |
| Vacant homes | 7.4% | 8.8% | 10.1% |
| Population | 1,691 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Henryville
At this week's average 30-year rate of 7.11%, buying the median Henryville home of $204,000 with 20% down costs about $1,281 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,621, 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 $54,920 for the 20%-down payment. That payment is 21% of the median Henryville household income of $71,667; at that income and 20% down, the 28% guideline points to a home of about $266,000.
The median rent here is $810 a month, so owning the median home costs about $471 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $40,800 |
|---|---|
| Loan amount | $163,200 |
| Principal and interest | $1,098 |
| Property taxes (0.58% a year) | $99 |
| Homeowners insurance (our estimate, 0.5% a year) | $85 |
| PMI | $0 |
| Total per month | $1,281 |
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| Down payment | $7,140 |
|---|---|
| Loan amount | $200,305 |
| Principal and interest | $1,347 |
| Property taxes (0.58% a year) | $99 |
| Homeowners insurance (our estimate, 0.5% a year) | $85 |
| FHA mortgage insurance | $90 |
| Total per month | $1,621 |
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Questions about home buying in Henryville
What is the median home value in Henryville?
About $204,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Henryville?
Homeowners pay a median $1,173 a year, which is about 0.58% 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 Henryville?
For the median home with 20% down at 7.11%, the payment is about $1,281 a month. Keeping that under 28% of gross income takes about $54,920 a year.
More about Henryville
- Mortgage Refinance in Henryville
- Debt Relief in Henryville
- Home Equity Loans in Henryville
- 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