The typical owner-occupied home in Cross Plains is worth about $161,700, 26% below the Indiana median of $218,200 and 51% below the national median of $332,700. The median household earns $47,917 a year, so the median home costs 3.4 times the median income (3.0 times for Indiana). 79% of occupied homes here are lived in by their owners, and 100% of those owners still have a mortgage.
Cross Plains at a glance
| Cross Plains | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $161,700 | $218,200 | $332,700 |
| Median property tax paid per year | – | $1,614 | $3,119 |
| Median household income | $47,917 | $71,957 | $80,734 |
| Homes lived in by their owners | 79% | 71% | 65% |
| Owner homes with a mortgage | 100% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $920 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 23.5% | 18.1% | 21.0% |
| Median rent | – | $1,062 | $1,413 |
| Median year homes were built | 1964 | 1976 | 1980 |
| Vacant homes | 0.0% | 8.8% | 10.1% |
| Population | 86 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Cross Plains
At this week's average 30-year rate of 7.11%, buying the median Cross Plains home of $161,700 with 20% down costs about $1,086 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,355, 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 $46,535 for the 20%-down payment. That payment is 27% of the median Cross Plains household income of $47,917; at that income and 20% down, the 28% guideline points to a home of about $167,000.
| Down payment | $32,340 |
|---|---|
| Loan amount | $129,360 |
| Principal and interest | $870 |
| Property taxes (1.10% a year) | $148 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| PMI | $0 |
| Total per month | $1,086 |
Change the numbers in the calculator
| Down payment | $5,660 |
|---|---|
| Loan amount | $158,771 |
| Principal and interest | $1,068 |
| Property taxes (1.10% a year) | $148 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| FHA mortgage insurance | $72 |
| Total per month | $1,355 |
Change the numbers in the calculator
Questions about home buying in Cross Plains
What is the median home value in Cross Plains?
About $161,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Cross Plains?
For the median home with 20% down at 7.11%, the payment is about $1,086 a month. Keeping that under 28% of gross income takes about $46,535 a year.
More about Cross Plains
- Mortgage Refinance in Cross Plains
- Debt Relief in Cross Plains
- Home Equity Loans in Cross Plains
- 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