The typical owner-occupied home in Wadesville is worth about $231,700, 6% above the Indiana median of $218,200 and 30% below the national median of $332,700. Owners pay a median $1,460 a year in property taxes, about 0.63% of their home's value, lower than the Indiana rate of 0.74%. The median household earns $100,625 a year, so the median home costs 2.3 times the median income (3.0 times for Indiana). 73% of occupied homes here are lived in by their owners, and 77% of those owners still have a mortgage.
Wadesville at a glance
| Wadesville | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $231,700 | $218,200 | $332,700 |
| Median property tax paid per year | $1,460 | $1,614 | $3,119 |
| Property tax as a share of value | 0.63% | 0.74% | 0.94% |
| Median household income | $100,625 | $71,957 | $80,734 |
| Homes lived in by their owners | 73% | 71% | 65% |
| Owner homes with a mortgage | 77% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,382 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 14.4% | 18.1% | 21.0% |
| Median rent | – | $1,062 | $1,413 |
| Median year homes were built | 1979 | 1976 | 1980 |
| Vacant homes | 0.0% | 8.8% | 10.1% |
| Population | 672 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Wadesville
At this week's average 30-year rate of 7.11%, buying the median Wadesville home of $231,700 with 20% down costs about $1,465 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,851, 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 $62,790 for the 20%-down payment. That payment is 17% of the median Wadesville household income of $100,625; at that income and 20% down, the 28% guideline points to a home of about $371,000.
| Down payment | $46,340 |
|---|---|
| Loan amount | $185,360 |
| Principal and interest | $1,247 |
| Property taxes (0.63% a year) | $122 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| PMI | $0 |
| Total per month | $1,465 |
Change the numbers in the calculator
| Down payment | $8,110 |
|---|---|
| Loan amount | $227,503 |
| Principal and interest | $1,530 |
| Property taxes (0.63% a year) | $122 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| FHA mortgage insurance | $102 |
| Total per month | $1,851 |
Change the numbers in the calculator
Questions about home buying in Wadesville
What is the median home value in Wadesville?
About $231,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Wadesville?
Homeowners pay a median $1,460 a year, which is about 0.63% 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 Wadesville?
For the median home with 20% down at 7.11%, the payment is about $1,465 a month. Keeping that under 28% of gross income takes about $62,790 a year.
More about Wadesville
- Mortgage Refinance in Wadesville
- Debt Relief in Wadesville
- Home Equity Loans in Wadesville
- 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