Housing in Sugar Ridge

A typical Sugar Ridge home is worth roughly $121,000

Typical home value

$121K

IN $260K

Estimate

2-bedroom rent

$1,030

a month, utilities in · HUD

Median tax bill

$426

IN $1,614

What kind of housing town is Sugar Ridge?

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 1.1 years of income

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

You could afford about

$455,000

Typical Sugar Ridge home $121K

That covers a typical Sugar Ridge home, with $334K to spare.

The typical home, each month

$670

Loan $600Tax $40Insurance $40

A two-bedroom rents for about $1,030 a month here, $360 more than owning.

Where your budget reaches nearby

Harrison$119K Perry$125K Washington$169K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Sugar Ridge’s typical property tax (0.35% 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 $1,030

Renters already here pay a median of $860, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$800

1 bedroom$810

2 bedrooms$1,030

3 bedrooms$1,240

4 bedrooms$1,470

13%

of households rent · IN 29%

renter households

53%

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

11%

of the median income, for a two-bedroom

$860

median rent paid today · Census

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

87% of Sugar Ridge households own their home

Half of Sugar Ridge’s homes were built before 1972.

Owners and renters

Own 87%Rent 13%

Indiana: 71% own.

1972

typical home built · IN 1976

$426

median property tax bill · IN $1,614

0.35%

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

Sugar Ridge vs. its neighbors

Sugar Ridge is the 2nd least expensive of 4 neighboring towns. Tap one to see its housing page.

Washington$169K Perry$125K Sugar Ridge$121K Harrison$119K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Sugar Ridge	$121K*	—	$1,030	$107,536
Harrison	$119K*	—	$960	$72,500
Perry	$125K*	—	$1,040	$75,707
Washington	$169K*	—	$1,020	$48,594

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 Sugar Ridge buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Sugar Ridge 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.