The typical owner-occupied home in Pittsboro is worth about $312,800, 43% above the Indiana median of $218,200 and 6% below the national median of $332,700. Owners pay a median $2,451 a year in property taxes, about 0.78% of their home's value, higher than the Indiana rate of 0.74%. The median household earns $126,023 a year, so the median home costs 2.5 times the median income (3.0 times for Indiana). 98% of occupied homes here are lived in by their owners, and 79% of those owners still have a mortgage.
Pittsboro at a glance
| Pittsboro | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $312,800 | $218,200 | $332,700 |
| Median property tax paid per year | $2,451 | $1,614 | $3,119 |
| Property tax as a share of value | 0.78% | 0.74% | 0.94% |
| Median household income | $126,023 | $71,957 | $80,734 |
| Homes lived in by their owners | 98% | 71% | 65% |
| Owner homes with a mortgage | 79% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,607 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 16.8% | 18.1% | 21.0% |
| Median rent | – | $1,062 | $1,413 |
| Median year homes were built | 2004 | 1976 | 1980 |
| Vacant homes | 2.2% | 8.8% | 10.1% |
| Population | 4,156 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Pittsboro
At this week's average 30-year rate of 7.11%, buying the median Pittsboro home of $312,800 with 20% down costs about $2,017 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,538, 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 $86,444 for the 20%-down payment. That payment is 19% of the median Pittsboro household income of $126,023; at that income and 20% down, the 28% guideline points to a home of about $456,000.
| Down payment | $62,560 |
|---|---|
| Loan amount | $250,240 |
| Principal and interest | $1,683 |
| Property taxes (0.78% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $130 |
| PMI | $0 |
| Total per month | $2,017 |
Change the numbers in the calculator
| Down payment | $10,948 |
|---|---|
| Loan amount | $307,134 |
| Principal and interest | $2,066 |
| Property taxes (0.78% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $130 |
| FHA mortgage insurance | $138 |
| Total per month | $2,538 |
Change the numbers in the calculator
Questions about home buying in Pittsboro
What is the median home value in Pittsboro?
About $312,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pittsboro?
Homeowners pay a median $2,451 a year, which is about 0.78% 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 Pittsboro?
For the median home with 20% down at 7.11%, the payment is about $2,017 a month. Keeping that under 28% of gross income takes about $86,444 a year.
More about Pittsboro
- Mortgage Refinance in Pittsboro
- Debt Relief in Pittsboro
- Home Equity Loans in Pittsboro
- 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