The typical owner-occupied home in Hatfield is worth about $138,000, 37% below the Indiana median of $218,200 and 59% below the national median of $332,700. Owners pay a median $539 a year in property taxes, about 0.39% of their home's value, lower than the Indiana rate of 0.74%. The median household earns $71,932 a year, so the median home costs 1.9 times the median income (3.0 times for Indiana). 91% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.
Hatfield at a glance
| Hatfield | Indiana | U.S. | |
|---|---|---|---|
| Median home value | $138,000 | $218,200 | $332,700 |
| Median property tax paid per year | $539 | $1,614 | $3,119 |
| Property tax as a share of value | 0.39% | 0.74% | 0.94% |
| Median household income | $71,932 | $71,957 | $80,734 |
| Homes lived in by their owners | 91% | 71% | 65% |
| Owner homes with a mortgage | 25% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,055 | $1,404 | $1,963 |
| Those costs as a share of the owners' income | 22.5% | 18.1% | 21.0% |
| Median rent | – | $1,062 | $1,413 |
| Median year homes were built | 1961 | 1976 | 1980 |
| Vacant homes | 5.4% | 8.8% | 10.1% |
| Population | 497 | 6,851,073 | 334,922,499 |
What a typical home costs per month in Hatfield
At this week's average 30-year rate of 7.11%, buying the median Hatfield home of $138,000 with 20% down costs about $845 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,075, 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 $36,215 for the 20%-down payment. That payment is 14% of the median Hatfield household income of $71,932; at that income and 20% down, the 28% guideline points to a home of about $274,000.
| Down payment | $27,600 |
|---|---|
| Loan amount | $110,400 |
| Principal and interest | $743 |
| Property taxes (0.39% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| PMI | $0 |
| Total per month | $845 |
Change the numbers in the calculator
| Down payment | $4,830 |
|---|---|
| Loan amount | $135,500 |
| Principal and interest | $912 |
| Property taxes (0.39% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| FHA mortgage insurance | $61 |
| Total per month | $1,075 |
Change the numbers in the calculator
Questions about home buying in Hatfield
What is the median home value in Hatfield?
About $138,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hatfield?
Homeowners pay a median $539 a year, which is about 0.39% 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 Hatfield?
For the median home with 20% down at 7.11%, the payment is about $845 a month. Keeping that under 28% of gross income takes about $36,215 a year.
More about Hatfield
- Mortgage Refinance in Hatfield
- Debt Relief in Hatfield
- Home Equity Loans in Hatfield
- 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