Howard County, IN

Comprehensive housing, income, and cost of living data for Howard County, Indiana. Population: 83.5K.

Median Home Price
$214.6K

Based on 4 cities

Median Household Income
$62.5K

Annual household income

Price-to-Income Ratio
3.4x

Moderately affordable

Salary Needed to Buy
$54.3K

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

Housing & Finance

Annual Property Tax
$1,110

Average annual amount

Effective Tax Rate
0.52%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$1,085
Property Tax$92.50
Insurance$89.42
Total Monthly$1,267
Historical Home Prices
2015
$86.6K
2016
$91.1K
+5.2%%
2017
$97.6K
+7.1%%
2018
$104.8K
+7.3%%
2019
$110.7K
+5.6%%
2020
$121.9K
+10.2%%
2021
$138.4K
+13.5%%
2022
$150.0K
+8.4%%
2023
$157.3K
+4.9%%
2024
$171.8K
+9.2%%
2025
$182.8K
+6.4%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
2.5%%

Below national average

Population Density
285

People per square mile

Homicide Rate
6.6

Low (per 100K residents)

Political Lean (2020)
Competitive

R+0

Racial Demographics

White
83.1%
Black
7.8%
Hispanic
3.9%
Asian
1.5%
Two or More Races
3.4%

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

Climate & Environment

Average Temperature
51°F

Annual average

Sunny Days
154

Days per year

Annual Rainfall
41.6"

Inches per year

Natural Disaster Risk
High Risk

Score: 64/100

Frequently Asked Questions

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

The median home price in Howard County, Indiana is $214.6K. The price-to-income ratio is 3.4x, meaning the median home costs 3.4 times the median household income.

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

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $54.3K per year to buy the median home in Howard County, IN. Monthly housing costs break down to $1,085 for mortgage, $92.50 for property tax, and $89.42 for insurance.

What is the property tax rate in Howard County?

The effective property tax rate in Howard County is 0.52%, which comes to approximately $1,110 per year on the median home.

What is the median household income in Howard County?

The median household income in Howard County, Indiana is $62.5K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.5%%.

Is Howard County a good place to live?

Howard County, Indiana has a population of 83.5K. Housing affordability is strong with a price-to-income ratio of 3.4x. The climate averages 51 degrees F with 154 sunny days per year. Compare Howard County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.