Benton County, IN

Comprehensive housing, income, and cost of living data for Benton County, Indiana. Population: 8.7K.

Median Home Price
$198.2K

Based on 5 cities

Median Household Income
$61.8K

Annual household income

Price-to-Income Ratio
3.2x

Moderately affordable

Salary Needed to Buy
$50.1K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,024

Average annual amount

Effective Tax Rate
0.52%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,002
Property Tax$85.33
Insurance$82.57
Total Monthly$1,170
Historical Home Prices
2015
$75.1K
2016
$81.0K
+7.8%%
2017
$87.9K
+8.6%%
2018
$93.0K
+5.8%%
2019
$104.1K
+11.9%%
2020
$118.6K
+14.0%%
2021
$138.3K
+16.5%%
2022
$151.5K
+9.6%%
2023
$165.3K
+9.1%%
2024
$179.8K
+8.8%%
2025
$189.4K
+5.3%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
2.8%%

Below national average

Population Density
21

People per square mile

Political Lean (2020)
Competitive

R+1

Racial Demographics

White
89.5%
Black
1.5%
Hispanic
7%
Asian
0.1%
Two or More Races
1.8%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature
51°F

Annual average

Sunny Days
175

Days per year

Annual Rainfall
39.7"

Inches per year

Natural Disaster Risk
Low Risk

Score: 5/100

Frequently Asked Questions

What is the median home price in Benton County, IN?

The median home price in Benton County, Indiana is $198.2K. The price-to-income ratio is 3.2x, meaning the median home costs 3.2 times the median household income.

What salary do you need to buy a home in Benton County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $50.1K per year to buy the median home in Benton County, IN. Monthly housing costs break down to $1,002 for mortgage, $85.33 for property tax, and $82.57 for insurance.

What is the property tax rate in Benton County?

The effective property tax rate in Benton County is 0.52%, which comes to approximately $1,024 per year on the median home.

What is the median household income in Benton County?

The median household income in Benton County, Indiana is $61.8K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.8%%.

Is Benton County a good place to live?

Benton County, Indiana has a population of 8.7K. Housing affordability is strong with a price-to-income ratio of 3.2x. The climate averages 51 degrees F with 175 sunny days per year. Compare Benton County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.