Housing in Pierson

A typical Pierson home is worth roughly $235,000

Typical home value

$235K

IN $260K

Estimate

2-bedroom rent

$1,110

a month, utilities in · HUD

Median tax bill

$1,707

IN $1,614

Affordability

A typical home costs 3.3 years of income

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

You could afford about

$287,000

Typical Pierson home $235K

That covers a typical Pierson home, with $53K to spare.

The typical home, each month

$1,370

Loan $1,160Tax $140Insurance $70

A two-bedroom rents for about $1,110 a month here, $260 less than owning.

Where your budget reaches nearby

Linton$216K Riley$273K Jackson$81K Perry$125K Lewis$222K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Pierson’s typical property tax (0.73% 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 $1,110

Fair Market Rent a month, utilities included

Studio$860

1 bedroom$880

2 bedrooms$1,110

3 bedrooms$1,340

4 bedrooms$1,620

28%

of households rent · IN 29%

177

renter households

94%

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

19%

of the median income, for a two-bedroom

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

72% of Pierson households own their home

Half of Pierson’s homes were built before 1961.

Owners and renters

Own 72%Rent 28%

Indiana: 71% own.

1961

typical home built · IN 1976

$1,707

median property tax bill · IN $1,614

0.73%

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

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

Next door

Pierson vs. its neighbors

Pierson is the 2nd priciest of 6 neighboring towns. Tap one to see its housing page.

Riley$273K Pierson$235K Lewis$222K Linton$216K Perry$125K Jackson$81K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Pierson	$235K*	—	$1,110	$71,875
Linton	$216K*	+8.8%†	$1,140	$98,611
Riley	$273K*	+8.5%†	$1,110	$97,300
Jackson	$81K*	—	$1,030	$50,288
Perry	$125K*	—	$1,040	$75,707
Lewis	$222K	+1.9%	$990	$81,964

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 Pierson buyers, sellers and renters are saying.

Town Square →

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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.