The typical owner-occupied home in Crown Point is worth about $294,800, 35% above the Indiana median of $218,200 and 11% below the national median of $332,700. Owners pay a median $2,660 a year in property taxes, about 0.90% of their home's value, higher than the Indiana rate of 0.74%. The median household earns $101,686 a year, so the median home costs 2.9 times the median income (3.0 times for Indiana). 85% of occupied homes here are lived in by their owners, and 68% of those owners still have a mortgage.
Crown Point at a glance
| Crown Point | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $294,800 | $218,200 | $332,700 |
| Median property tax paid per year | $2,660 | $1,614 | $3,119 |
| Property tax as a share of value | 0.90% | 0.74% | 0.94% |
| Median household income | $101,686 | $71,957 | $80,734 |
| Homes lived in by their owners | 85% | 71% | 65% |
| Owner homes with a mortgage | 68% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,781 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 19.9% | 18.1% | 21.0% |
| Median rent | $1,485 | $1,062 | $1,413 |
| Rent as a share of renters' income | 28.4% | 29.1% | 30.6% |
| Median year homes were built | 1993 | 1976 | 1980 |
| Vacant homes | 3.3% | 8.8% | 10.1% |
| Population | 34,393 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Crown Point
At this week's average 30-year rate of 7.11%, buying the median Crown Point home of $294,800 with 20% down costs about $1,930 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,422, 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 $82,733 for the 20%-down payment. That payment is 23% of the median Crown Point household income of $101,686; at that income and 20% down, the 28% guideline points to a home of about $362,000.
The median rent here is $1,485 a month, so owning the median home costs about $445 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $58,960 |
|---|---|
| Loan amount | $235,840 |
| Principal and interest | $1,587 |
| Property taxes (0.90% a year) | $221 |
| Homeowners insurance (our estimate, 0.5% a year) | $123 |
| PMI | $0 |
| Total per month | $1,930 |
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| Down payment | $10,318 |
|---|---|
| Loan amount | $289,460 |
| Principal and interest | $1,947 |
| Property taxes (0.90% a year) | $221 |
| Homeowners insurance (our estimate, 0.5% a year) | $123 |
| FHA mortgage insurance | $130 |
| Total per month | $2,422 |
Change the numbers in the calculator
Questions about home buying in Crown Point
What is the median home value in Crown Point?
About $294,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Crown Point?
Homeowners pay a median $2,660 a year, which is about 0.90% 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 Crown Point?
For the median home with 20% down at 7.11%, the payment is about $1,930 a month. Keeping that under 28% of gross income takes about $82,733 a year.
More about Crown Point
- Mortgage Refinance in Crown Point
- Debt Relief in Crown Point
- Home Equity Loans in Crown Point
- 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