The typical owner-occupied home in Decker is worth about $34,700, 84% below the Indiana median of $218,200 and 90% below the national median of $332,700. Owners pay a median $300 a year in property taxes, about 0.86% of their home's value, higher than the Indiana rate of 0.74%. 94% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Decker at a glance
| Decker | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $34,700 | $218,200 | $332,700 |
| Median property tax paid per year | $300 | $1,614 | $3,119 |
| Property tax as a share of value | 0.86% | 0.74% | 0.94% |
| Median household income | – | $71,957 | $80,734 |
| Homes lived in by their owners | 94% | 71% | 65% |
| Owner homes with a mortgage | 57% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $892 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 10.5% | 18.1% | 21.0% |
| Median rent | – | $1,062 | $1,413 |
| Median year homes were built | 1944 | 1976 | 1980 |
| Vacant homes | 11.2% | 8.8% | 10.1% |
| Population | 174 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Decker
At this week's average 30-year rate of 7.11%, buying the median Decker home of $34,700 with 20% down costs about $226 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $284, 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 $9,689 for the 20%-down payment.
| Down payment | $6,940 |
|---|---|
| Loan amount | $27,760 |
| Principal and interest | $187 |
| Property taxes (0.86% a year) | $25 |
| Homeowners insurance (our estimate, 0.5% a year) | $14 |
| PMI | $0 |
| Total per month | $226 |
Change the numbers in the calculator
| Down payment | $1,214 |
|---|---|
| Loan amount | $34,072 |
| Principal and interest | $229 |
| Property taxes (0.86% a year) | $25 |
| Homeowners insurance (our estimate, 0.5% a year) | $14 |
| FHA mortgage insurance | $15 |
| Total per month | $284 |
Change the numbers in the calculator
Questions about home buying in Decker
What is the median home value in Decker?
About $34,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Decker?
Homeowners pay a median $300 a year, which is about 0.86% 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 Decker?
For the median home with 20% down at 7.11%, the payment is about $226 a month. Keeping that under 28% of gross income takes about $9,689 a year.
More about Decker
- Mortgage Refinance in Decker
- Debt Relief in Decker
- Home Equity Loans in Decker
- 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