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Housing in Taylor

A typical Taylor home is worth roughly $216,000

Home prices around Taylor have risen about 41% over the past 5 years.

Typical home value
$216K
▲ 0.6% in a year · IN $260K
Estimate
2-bedroom rent
$1,010
a month, utilities in · HUD
Median tax bill
$722
IN $1,614

What kind of housing town is Taylor?

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

★ What stands out · The homes

96% of Taylor households own their home

Half of Taylor’s homes were built before 1993.

Owners and renters
Own 96%Rent 4%

Indiana: 71% own.

1993
typical home built · IN 1976
$722
median property tax bill · IN $1,614
0.36%
of a home’s value, a year in tax · IN 0.74%
7%
of homes are seasonal or vacation homes

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

Affordability

A typical home costs 2 years of income

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

You could afford about
$459,000
Typical Taylor home $216K

That covers a typical Taylor home, with $243K to spare.

The typical home, each month
$1,200
Loan $1,070Tax $60Insurance $60

A two-bedroom rents for about $1,010 a month here, $190 less than owning.

How Taylor ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Taylor’s typical property tax (0.36% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 41% in 5 years

The federal house price index for the ZIP codes around Taylor rose 41% over the past 5 years, slower than across Indiana (53%). Last year prices rose 0.6%. Carrying the Census median home value forward with that index puts the typical Taylor home at roughly $216,000 today.

Taylor areaIndiana
0%+50%+100%+150%200020052010201520202025
+0.6%
past year
+41%
past 5 years
+70%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $216K.

How Taylor ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Taylor, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,010

Fair Market Rent a month, utilities included

Studio$760
1 bedroom$770
2 bedrooms$1,010
3 bedrooms$1,270
4 bedrooms$1,420
4%
of households rent · IN 29%
19
renter households
100%
of renters spend 30%+ of income on rent · IN 48%
11%
of the median income, for a two-bedroom

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.

Next door

Taylor vs. its neighbors

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

Compare more
TownTypical value1-yr change2-bed rentMedian income
Taylor$216K*+0.6%†$1,010$108,646
Washington$83K*—$1,010$54,038
Richland$151K*+0.6%†$1,010$68,475
Jackson$224K*+2.6%†$1,020$67,262
Madison$176K*—$960$66,970

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 Taylor buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Taylor 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. Price trend: Federal Housing Finance Agency House Price Index. 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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