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Housing in Democrat

A typical Democrat home is worth roughly $246,000

Typical home value
$246K
IN $260K
Estimate
2-bedroom rent
$1,040
a month, utilities in · HUD
Median tax bill
$1,073
IN $1,614

What kind of housing town is Democrat?

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

★ What stands out · The homes

100% of Democrat households own their home

Half of Democrat’s homes were built before 1938.

Owners and renters
Own 100%

Indiana: 71% own.

1938
typical home built · IN 1976
$1,073
median property tax bill · IN $1,614
0.44%
of a home’s value, a year in tax · IN 0.74%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

A typical home costs 2.6 years of income

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

You could afford about
$387,000
Typical Democrat home $246K

That covers a typical Democrat home, with $141K to spare.

The typical home, each month
$1,380
Loan $1,220Tax $90Insurance $70

A two-bedroom rents for about $1,040 a month here, $340 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Democrat’s typical property tax (0.44% 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 $1,040

Fair Market Rent a month, utilities included

Studio$760
1 bedroom$820
2 bedrooms$1,040
3 bedrooms$1,340
4 bedrooms$1,410
0%
of households rent · IN 29%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Carroll County, 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

Democrat vs. its neighbors

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

Compare more
TownTypical value1-yr change2-bed rentMedian income
Democrat$246K*—$1,040$92,813
Monroe$174K*−1.1%†$970$55,056
Burlington$202K+7.4%$1,030$86,544
Clay$248K*+0.4%†$1,130$71,042
Owen$157K*+3.9%†$1,110$134,274
Madison—+3.8%†$1,030$128,409

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 Democrat buyers, sellers and renters are saying.

Town Square →
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Is Democrat still affordable for young families?

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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.

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