Floyd County, IN

Comprehensive housing, income, and cost of living data for Floyd County, Indiana. Population: 80.2K.

Median Home Price
$330.0K

Based on 5 cities

Median Household Income
$78.2K

Annual household income

Price-to-Income Ratio
4.2x

Moderately affordable

Salary Needed to Buy
$83.3K

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

Housing & Finance

Annual Property Tax
$1,656

Average annual amount

Effective Tax Rate
0.50%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,669
Property Tax$138
Insurance$137
Total Monthly$1,944
Historical Home Prices
2015
$149.8K
2016
$158.2K
+5.6%%
2017
$167.5K
+5.9%%
2018
$175.4K
+4.7%%
2019
$187.9K
+7.1%%
2020
$207.3K
+10.3%%
2021
$227.9K
+10.0%%
2022
$243.1K
+6.6%%
2023
$255.2K
+5.0%%
2024
$265.8K
+4.2%%
2025
$274.7K
+3.3%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
2.4%%

Below national average

Population Density
540

People per square mile

Homicide Rate
4.2

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
85.8%
Black
5.1%
Hispanic
4%
Asian
1.2%
Two or More Races
3.6%

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

Climate & Environment

Average Temperature
56°F

Annual average

Sunny Days
185

Days per year

Annual Rainfall
49.5"

Inches per year

Natural Disaster Risk
High Risk

Score: 75/100

Frequently Asked Questions

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

The median home price in Floyd County, Indiana is $330.0K. The price-to-income ratio is 4.2x, meaning the median home costs 4.2 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $83.3K per year to buy the median home in Floyd County, IN. Monthly housing costs break down to $1,669 for mortgage, $138 for property tax, and $137 for insurance.

What is the property tax rate in Floyd County?

The effective property tax rate in Floyd County is 0.50%, which comes to approximately $1,656 per year on the median home.

What is the median household income in Floyd County?

The median household income in Floyd County, Indiana is $78.2K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.4%%.

Is Floyd County a good place to live?

Floyd County, Indiana has a population of 80.2K. Housing affordability is moderate with a price-to-income ratio of 4.2x. The climate averages 56 degrees F with 185 sunny days per year. Compare Floyd County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.