Housing in Jefferson

A typical Jefferson home is worth roughly $121,000

Typical home value

$121K

IN $260K

Estimate

2-bedroom rent

$960

a month, utilities in · HUD

Median tax bill

$768

IN $1,614

What kind of housing town is Jefferson?

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

Your money goes further54% below the Indiana typical home.

★ What stands out · Affordability

A typical home costs 1.9 years of income

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

You could afford about

$259,000

Typical Jefferson home $121K

That covers a typical Jefferson home, with $138K to spare.

The typical home, each month

$700

Loan $600Tax $60Insurance $40

A two-bedroom rents for about $960 a month here, $260 more than owning.

Where your budget reaches nearby

Highland$158K Fairplay$168K Richland$151K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Jefferson’s typical property tax (0.64% 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 $960

Renters already here pay a median of $605, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$730

1 bedroom$740

2 bedrooms$960

3 bedrooms$1,200

4 bedrooms$1,430

17%

of households rent · IN 29%

141

renter households

48%

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

18%

of the median income, for a two-bedroom

$605

median rent paid today · Census

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

The homes

83% of Jefferson households own their home

Half of Jefferson’s homes were built before 1959.

Owners and renters

Own 83%Rent 17%

Indiana: 71% own.

1959

typical home built · IN 1976

$768

median property tax bill · IN $1,614

0.64%

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.

Next door

Jefferson vs. its neighbors

Jefferson is the least expensive of 4 neighboring towns. Tap one to see its housing page.

Fairplay$168K Highland$158K Richland$151K Jefferson$121K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Jefferson	$121K*	—	$960	$64,250
Highland	$158K*	+0.7%†	$1,010	$76,488
Fairplay	$168K*	—	$980	$73,750
Richland	$151K*	+0.6%†	$1,010	$68,475

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 Jefferson buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Jefferson 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.