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Howard County Housing Market

Indiana · 92 counties · Ranked #1166 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$151,500

vs national$151,500 vs $281,900 national

Median Gross Rent

$915/mo

vs national$915 vs $1,163 national

Effective Tax Rate

0.73%

vs national0.73% vs 1.02% national

Median Household Income

$62,496

vs national$62,496 vs $74,755 national

Affordability Ratio

2.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,110

Tax as % of Home Value

0.73%

Monthly Owner Cost

$847

Renter Income

$36,601

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Howard County?

The median home value in Howard County is $151,500. This is below the national median of $281,900.

How much is rent in Howard County?

The median gross rent in Howard County is $915 per month.

What is the property tax rate in Howard County?

The effective property tax rate in Howard County is 0.73%. The median annual property tax bill is $1,110.

Is Howard County affordable?

With a home-value-to-income ratio of 2.4x, Howard County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.