The typical owner-occupied home in Ohio County is worth about $213,100, about the same as the Indiana median of $218,200 and 36% below the national median of $332,700. Owners pay a median $1,305 a year in property taxes, about 0.61% of their home's value, lower than the Indiana rate of 0.74%. The median household earns $70,392 a year, so the median home costs 3.0 times the median income (3.0 times for Indiana). 81% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Ohio County at a glance
| Ohio County | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $213,100 | $218,200 | $332,700 |
| Median property tax paid per year | $1,305 | $1,614 | $3,119 |
| Property tax as a share of value | 0.61% | 0.74% | 0.94% |
| Median household income | $70,392 | $71,957 | $80,734 |
| Homes lived in by their owners | 81% | 71% | 65% |
| Owner homes with a mortgage | 59% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,434 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 18.0% | 18.1% | 21.0% |
| Median rent | $898 | $1,062 | $1,413 |
| Rent as a share of renters' income | 35.1% | 29.1% | 30.6% |
| Median year homes were built | 1978 | 1976 | 1980 |
| Vacant homes | 5.4% | 8.8% | 10.1% |
| Population | 5,999 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Ohio County
At this week's average 30-year rate of 7.11%, buying the median Ohio County home of $213,100 with 20% down costs about $1,344 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,699, 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 $57,598 for the 20%-down payment. That payment is 23% of the median Ohio County household income of $70,392; at that income and 20% down, the 28% guideline points to a home of about $260,000.
The median rent here is $898 a month, so owning the median home costs about $446 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $42,620 |
|---|---|
| Loan amount | $170,480 |
| Principal and interest | $1,147 |
| Property taxes (0.61% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $89 |
| PMI | $0 |
| Total per month | $1,344 |
Change the numbers in the calculator
| Down payment | $7,458 |
|---|---|
| Loan amount | $209,240 |
| Principal and interest | $1,408 |
| Property taxes (0.61% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $89 |
| FHA mortgage insurance | $94 |
| Total per month | $1,699 |
Change the numbers in the calculator
Questions about home buying in Ohio County
What is the median home value in Ohio County?
About $213,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ohio County?
Homeowners pay a median $1,305 a year, which is about 0.61% 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 Ohio County?
For the median home with 20% down at 7.11%, the payment is about $1,344 a month. Keeping that under 28% of gross income takes about $57,598 a year.
More about Ohio County
- Mortgage Refinance in Ohio County
- Debt Relief in Ohio County
- Home Equity Loans in Ohio County
- 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