Housing in Graham

A typical Graham home is worth roughly $230,000

Typical home value

$230K

IN $260K

Estimate

2-bedroom rent

$1,010

a month, utilities in · HUD

Median tax bill

$894

IN $1,614

Affordability

A typical home costs 2.9 years of income

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

You could afford about

$327,000

Typical Graham home $230K

That covers a typical Graham home, with $97K to spare.

The typical home, each month

$1,280

Loan $1,140Tax $70Insurance $70

A two-bedroom rents for about $1,010 a month here, $270 less than owning.

Where your budget reaches nearby

Johnson$154K Montgomery$188K Lancaster$258K Republican$228K Marion$129K Lexington$256K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Graham’s typical property tax (0.39% 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

Renters already here pay a median of $783, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$710

1 bedroom$830

2 bedrooms$1,010

3 bedrooms$1,280

4 bedrooms$1,520

19%

of households rent · IN 29%

renter households

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

15%

of the median income, for a two-bedroom

$783

median rent paid today · Census

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

The homes

81% of Graham households own their home

Half of Graham’s homes were built before 1985.

Owners and renters

Own 81%Rent 19%

Indiana: 71% own.

1985

typical home built · IN 1976

$894

median property tax bill · IN $1,614

0.39%

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

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

Next door

Graham vs. its neighbors

Graham is the 3rd priciest of 7 neighboring towns. Tap one to see its housing page.

Lancaster$258K Lexington$256K Graham$230K Republican$228K Montgomery$188K Johnson$154K Marion$129K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Graham	$230K*	—	$1,010	$78,292
Johnson	$154K*	+2.5%†	$1,080	$91,553
Montgomery	$188K*	—	$960	$92,747
Smyrna	—	+5.4%†	$960	$71,250
Lancaster	$258K*	—	$1,020	$79,750
Republican	$228K*	+7.9%†	$1,320	$97,109
Marion	$129K*	—	$990	$83,266
Lexington	$256K	+6.3%	$1,310	$76,130

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 Graham buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Graham 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.