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Buying a home in Boggstown, Indiana

The typical owner-occupied home in Boggstown is worth about $201,400, 8% below the Indiana median of $218,200 and 39% below the national median of $332,700. The median household earns $68,321 a year, so the median home costs 2.9 times the median income (3.0 times for Indiana). 100% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.

Boggstown at a glance

Boggstown Indiana U.S.
Median home value $201,400 $218,200 $332,700
Median property tax paid per year – $1,614 $3,119
Median household income $68,321 $71,957 $80,734
Homes lived in by their owners 100% 71% 65%
Owner homes with a mortgage 67% 64% 61%
Median monthly costs, owners with a mortgage – $1,404 $1,963
Median rent – $1,062 $1,413
Median year homes were built 1970 1976 1980
Vacant homes 0.0% 8.8% 10.1%
Population 597 6,851,073 334,922,499

What a typical home costs per month in Boggstown

At this week's average 30-year rate of 7.11%, buying the median Boggstown home of $201,400 with 20% down costs about $1,352 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,688, 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 $57,960 for the 20%-down payment. That payment is 24% of the median Boggstown household income of $68,321; at that income and 20% down, the 28% guideline points to a home of about $237,000.

20% down, 30-year conventional loan
Down payment$40,280
Loan amount$161,120
Principal and interest$1,084
Property taxes (1.10% a year)$185
Homeowners insurance (our estimate, 0.5% a year)$84
PMI$0
Total per month$1,352

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3.5% down, 30-year FHA loan
Down payment$7,049
Loan amount$197,752
Principal and interest$1,330
Property taxes (1.10% a year)$185
Homeowners insurance (our estimate, 0.5% a year)$84
FHA mortgage insurance$89
Total per month$1,688

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Questions about home buying in Boggstown

What is the median home value in Boggstown?

About $201,400 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 Boggstown?

For the median home with 20% down at 7.11%, the payment is about $1,352 a month. Keeping that under 28% of gross income takes about $57,960 a year.

More about Boggstown

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