The typical owner-occupied home in Corydon is worth about $144,600, 34% below the Indiana median of $218,200 and 57% below the national median of $332,700. Owners pay a median $555 a year in property taxes, about 0.38% of their home's value, lower than the Indiana rate of 0.74%. The median household earns $56,513 a year, so the median home costs 2.6 times the median income (3.0 times for Indiana). 62% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Corydon at a glance
| Corydon | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $144,600 | $218,200 | $332,700 |
| Median property tax paid per year | $555 | $1,614 | $3,119 |
| Property tax as a share of value | 0.38% | 0.74% | 0.94% |
| Median household income | $56,513 | $71,957 | $80,734 |
| Homes lived in by their owners | 62% | 71% | 65% |
| Owner homes with a mortgage | 62% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $889 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 17.8% | 18.1% | 21.0% |
| Median rent | $959 | $1,062 | $1,413 |
| Rent as a share of renters' income | 19.2% | 29.1% | 30.6% |
| Median year homes were built | 1979 | 1976 | 1980 |
| Vacant homes | 16.4% | 8.8% | 10.1% |
| Population | 3,157 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Corydon
At this week's average 30-year rate of 7.11%, buying the median Corydon home of $144,600 with 20% down costs about $884 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,125, 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 $37,896 for the 20%-down payment. That payment is 19% of the median Corydon household income of $56,513; at that income and 20% down, the 28% guideline points to a home of about $216,000.
The median rent here is $959 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $28,920 |
|---|---|
| Loan amount | $115,680 |
| Principal and interest | $778 |
| Property taxes (0.38% a year) | $46 |
| Homeowners insurance (our estimate, 0.5% a year) | $60 |
| PMI | $0 |
| Total per month | $884 |
Change the numbers in the calculator
| Down payment | $5,061 |
|---|---|
| Loan amount | $141,981 |
| Principal and interest | $955 |
| Property taxes (0.38% a year) | $46 |
| Homeowners insurance (our estimate, 0.5% a year) | $60 |
| FHA mortgage insurance | $64 |
| Total per month | $1,125 |
Change the numbers in the calculator
Questions about home buying in Corydon
What is the median home value in Corydon?
About $144,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Corydon?
Homeowners pay a median $555 a year, which is about 0.38% 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 Corydon?
For the median home with 20% down at 7.11%, the payment is about $884 a month. Keeping that under 28% of gross income takes about $37,896 a year.
More about Corydon
- Mortgage Refinance in Corydon
- Debt Relief in Corydon
- Home Equity Loans in Corydon
- 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