The typical owner-occupied home in New Harmony is worth about $579,900, 18% above the Utah median of $489,400 and 74% above the national median of $332,700. Owners pay a median $4,083 a year in property taxes, about 0.70% of their home's value, higher than the Utah rate of 0.52%. The median household earns $85,298 a year, so the median home costs 6.8 times the median income (5.1 times for Utah). 68% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
New Harmony at a glance
| New Harmony | Utah | U.S. | |
|---|---|---|---|
| Median home value | $579,900 | $489,400 | $332,700 |
| Median property tax paid per year | $4,083 | $2,525 | $3,119 |
| Property tax as a share of value | 0.70% | 0.52% | 0.94% |
| Median household income | $85,298 | $95,166 | $80,734 |
| Homes lived in by their owners | 68% | 70% | 65% |
| Owner homes with a mortgage | 37% | 69% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,009 | $1,963 |
| Those costs as a share of the owners' income | 24.2% | 20.5% | 21.0% |
| Median rent | – | $1,496 | $1,413 |
| Rent as a share of renters' income | 9.0% | 28.9% | 30.6% |
| Median year homes were built | 1982 | 1992 | 1980 |
| Vacant homes | 9.2% | 8.1% | 10.1% |
| Population | 393 | 3,392,331 | 334,922,499 |
What a typical home costs per month in New Harmony
At this week's average 30-year rate of 7.11%, buying the median New Harmony home of $579,900 with 20% down costs about $3,701 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,667, 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 $158,602 for the 20%-down payment. That payment is 52% of the median New Harmony household income of $85,298; at that income and 20% down, the 28% guideline points to a home of about $312,000.
| Down payment | $115,980 |
|---|---|
| Loan amount | $463,920 |
| Principal and interest | $3,121 |
| Property taxes (0.70% a year) | $338 |
| Homeowners insurance (our estimate, 0.5% a year) | $242 |
| PMI | $0 |
| Total per month | $3,701 |
Change the numbers in the calculator
| Down payment | $20,296 |
|---|---|
| Loan amount | $569,397 |
| Principal and interest | $3,830 |
| Property taxes (0.70% a year) | $338 |
| Homeowners insurance (our estimate, 0.5% a year) | $242 |
| FHA mortgage insurance | $256 |
| Total per month | $4,667 |
Change the numbers in the calculator
Questions about home buying in New Harmony
What is the median home value in New Harmony?
About $579,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in New Harmony?
Homeowners pay a median $4,083 a year, which is about 0.70% 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 New Harmony?
For the median home with 20% down at 7.11%, the payment is about $3,701 a month. Keeping that under 28% of gross income takes about $158,602 a year.
More about New Harmony
- Mortgage Refinance in New Harmony
- Debt Relief in New Harmony
- Home Equity Loans in New Harmony
- 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