How much house can I afford on $130,000 in Indiana?
About $467,000 with 20% down ($372,000 with an FHA loan), using Indiana's 0.74% property tax rate.
That is $209,727 more than the typical Indiana home ($257,165), so a $130,000 salary can buy a typical home here. The payment of $3,033 covers $2,513 principal and interest, $287 property tax and $233 insurance.
Counties in Indiana you can afford on $130,000
92 of 92 counties have a typical home value at or below $467,000. The 25 priciest of them:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Hamilton County | $466,276 | +2.8% | 0.88% |
| Boone County | $421,188 | +4.0% | 0.78% |
| Brown County | $358,796 | +2.2% | 0.44% |
| Lagrange County | $348,227 | +8.1% | 0.55% |
| Hendricks County | $343,151 | +1.6% | 0.81% |
| Porter County | $330,010 | +2.3% | 0.83% |
| Hancock County | $329,462 | +2.0% | 0.66% |
| Dearborn County | $327,371 | +5.2% | 0.74% |
| Steuben County | $320,242 | +6.6% | 0.57% |
| Johnson County | $312,876 | +1.5% | 0.71% |
| Monroe County | $309,871 | +1.2% | 0.71% |
| Jasper County | $300,557 | +3.3% | 0.46% |
| Morgan County | $299,883 | +1.8% | 0.49% |
| Tippecanoe County | $296,588 | +2.4% | 0.62% |
| Kosciusko County | $293,218 | +6.8% | 0.6% |
| Franklin County | $292,357 | +4.3% | 0.59% |
| Warrick County | $291,696 | +4.1% | 0.67% |
| Floyd County | $285,954 | +2.7% | 0.69% |
| Whitley County | $284,103 | +4.8% | 0.7% |
| Ohio County | $282,157 | +3.4% | 0.61% |
| Ripley County | $278,212 | +4.9% | 0.56% |
| Putnam County | $274,190 | +4.9% | 0.48% |
| Bartholomew County | $274,111 | +2.5% | 0.75% |
| Harrison County | $266,960 | +3.7% | 0.53% |
| Elkhart County | $266,459 | +5.5% | 0.82% |
Affordable metro areas
Assumes a 30-year fixed loan at 7.11%, property tax of 0.74% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Indiana
Frequently asked questions
How much house can I afford on $130,000 in Indiana?
About $467,000 with 20% down at 7.11%, keeping the payment (with Indiana's 0.74% property tax and insurance) under $3,033 a month.
Is $130,000 enough to buy a house in Indiana?
Yes: the typical Indiana home is worth $257,165 (Zillow, September 2026) and $130,000 supports about $467,000. 92 of 92 counties are within budget.