How much house can I afford on $60,000 in Indiana?
About $215,000 with 20% down ($172,000 with an FHA loan), using Indiana's 0.74% property tax rate.
That is $41,676 less than the typical Indiana home ($257,165), so on $60,000 you'd look at cheaper areas or a smaller home. The payment of $1,400 covers $1,160 principal and interest, $133 property tax and $108 insurance.
Counties in Indiana you can afford on $60,000
34 of 92 counties have a typical home value at or below $215,000. The 25 priciest of them:
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Fulton County | $212,557 | +7.7% | 0.54% |
| Huntington County | $211,741 | +5.0% | 0.71% |
| Gibson County | $211,061 | +5.7% | 0.72% |
| Lawrence County | $206,294 | +2.2% | 0.6% |
| Benton County | $203,022 | +3.5% | 0.77% |
| Vanderburgh County | $202,409 | +4.4% | 0.8% |
| Martin County | $200,997 | +2.3% | 0.54% |
| Scott County | $198,374 | +0.8% | 0.65% |
| Union County | $197,144 | +10.2% | 0.64% |
| Greene County | $196,235 | +5.1% | 0.58% |
| Fountain County | $191,904 | +4.4% | 0.59% |
| Wabash County | $191,091 | +4.8% | 0.52% |
| Howard County | $190,881 | +4.4% | 0.72% |
| Pulaski County | $190,877 | +7.4% | 0.45% |
| Henry County | $190,219 | +2.6% | 0.73% |
| Perry County | $188,788 | +2.8% | 0.68% |
| Madison County | $187,876 | +2.9% | 0.74% |
| Orange County | $184,439 | +4.0% | 0.58% |
| Clay County | $182,911 | +2.6% | 0.41% |
| Pike County | $180,815 | +8.5% | 0.78% |
| Wayne County | $173,653 | +6.5% | 0.81% |
| Cass County | $173,376 | +2.4% | 0.68% |
| Delaware County | $168,797 | +4.3% | 0.75% |
| Crawford County | $167,258 | +3.9% | 0.75% |
| Miami County | $162,402 | +7.3% | 0.6% |
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 $60,000 in Indiana?
About $215,000 with 20% down at 7.11%, keeping the payment (with Indiana's 0.74% property tax and insurance) under $1,400 a month.
Is $60,000 enough to buy a house in Indiana?
Not the typical home: the typical Indiana home is worth $257,165 (Zillow, September 2026) and $60,000 supports about $215,000. 34 of 92 counties are within budget.