The typical owner-occupied home in Worthington is worth about $91,400, 58% below the Indiana median of $218,200 and 73% below the national median of $332,700. Owners pay a median $725 a year in property taxes, about 0.79% of their home's value, higher than the Indiana rate of 0.74%. The median household earns $47,000 a year, so the median home costs 1.9 times the median income (3.0 times for Indiana). 79% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Worthington at a glance
| Worthington | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $91,400 | $218,200 | $332,700 |
| Median property tax paid per year | $725 | $1,614 | $3,119 |
| Property tax as a share of value | 0.79% | 0.74% | 0.94% |
| Median household income | $47,000 | $71,957 | $80,734 |
| Homes lived in by their owners | 79% | 71% | 65% |
| Owner homes with a mortgage | 45% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $931 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 15.4% | 18.1% | 21.0% |
| Median rent | $572 | $1,062 | $1,413 |
| Rent as a share of renters' income | 33.0% | 29.1% | 30.6% |
| Median year homes were built | 1943 | 1976 | 1980 |
| Vacant homes | 12.3% | 8.8% | 10.1% |
| Population | 1,411 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Worthington
At this week's average 30-year rate of 7.11%, buying the median Worthington home of $91,400 with 20% down costs about $590 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $742, 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 $25,292 for the 20%-down payment. That payment is 15% of the median Worthington household income of $47,000; at that income and 20% down, the 28% guideline points to a home of about $170,000.
The median rent here is $572 a month, so owning the median home costs about $18 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $18,280 |
|---|---|
| Loan amount | $73,120 |
| Principal and interest | $492 |
| Property taxes (0.79% a year) | $60 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| PMI | $0 |
| Total per month | $590 |
Change the numbers in the calculator
| Down payment | $3,199 |
|---|---|
| Loan amount | $89,745 |
| Principal and interest | $604 |
| Property taxes (0.79% a year) | $60 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| FHA mortgage insurance | $40 |
| Total per month | $742 |
Change the numbers in the calculator
Questions about home buying in Worthington
What is the median home value in Worthington?
About $91,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Worthington?
Homeowners pay a median $725 a year, which is about 0.79% 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 Worthington?
For the median home with 20% down at 7.11%, the payment is about $590 a month. Keeping that under 28% of gross income takes about $25,292 a year.
More about Worthington
- Mortgage Refinance in Worthington
- Debt Relief in Worthington
- Home Equity Loans in Worthington
- 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