Housing in Cotton

A typical Cotton home is worth roughly $210,000

Typical home value

$210K

IN $260K

Estimate

2-bedroom rent

$1,010

a month, utilities in · HUD

Median tax bill

$786

IN $1,614

What kind of housing town is Cotton?

Read from the numbers below. The page puts what stands out first.

A town of owners98% of households own their home.Your money goes further19% below the Indiana typical home.

★ What stands out · The homes

98% of Cotton households own their home

Half of Cotton’s homes were built before 1993.

Owners and renters

Own 98%Rent 2%

Indiana: 71% own.

1993

typical home built · IN 1976

$786

median property tax bill · IN $1,614

0.37%

of a home’s value, a year in tax · IN 0.74%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 2.8 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about

$311,000

Typical Cotton home $210K

That covers a typical Cotton home, with $101K to spare.

The typical home, each month

$1,170

Loan $1,040Tax $70Insurance $60

A two-bedroom rents for about $1,010 a month here, $160 less than owning.

Where your budget reaches nearby

Jefferson$162K Pleasant$272K Posey$130K York$153K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Cotton’s typical property tax (0.37% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,010

Fair Market Rent a month, utilities included

Studio$710

1 bedroom$770

2 bedrooms$1,010

3 bedrooms$1,340

4 bedrooms$1,450

of households rent · IN 29%

renter households

of renters spend 30%+ of income on rent · IN 48%

16%

of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Cincinnati, OH-KY-IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Cotton vs. its neighbors

Cotton is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.

Pleasant$272K Cotton$210K Jefferson$162K York$153K Posey$130K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Cotton	$210K*	—	$1,010	$74,479
Jefferson	$162K*	−0.2%†	$960	$58,929
Cass	—	−4.5%†	$1,040	$86,107
Pleasant	$272K*	+0.2%†	$970	$105,400
Posey	$130K*	—	$990	$50,597
York	$153K*	—	$980	$75,970

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Cotton buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Cotton still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.