Housing in Wright

A typical Wright home is worth roughly $128,000

#24Lowest property tax in IN #80Most affordable in IN All IN rankings →

Typical home value

$128K

IN $260K

Estimate

2-bedroom rent

$970

a month, utilities in · HUD

Median tax bill

$667

IN $1,614

What kind of housing town is Wright?

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

Your money goes further51% below the Indiana typical home.Low tax bills#24 of 601 in IN for the lowest property tax bills.

★ What stands out · Affordability

A typical home costs 2.4 years of income

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

You could afford about

$222,000

Typical Wright home $128K

That covers a typical Wright home, with $94K to spare.

The typical home, each month

$730

Loan $630Tax $60Insurance $40

A two-bedroom rents for about $970 a month here, $240 more than owning.

Where your budget reaches nearby

Stockton$113K Cass$121K Jackson$81K Lewis$222K

How Wright ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Wright’s typical property tax (0.52% 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 $970

Renters already here pay a median of $811, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$730

1 bedroom$740

2 bedrooms$970

3 bedrooms$1,220

4 bedrooms$1,350

22%

of households rent · IN 29%

294

renter households

36%

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

21%

of the median income, for a two-bedroom

$811

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

78% of Wright households own their home

Half of Wright’s homes were built before 1972.

Owners and renters

Own 78%Rent 22%

Indiana: 71% own.

1972

typical home built · IN 1976

$667

median property tax bill · IN $1,614

0.52%

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

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

Next door

Wright vs. its neighbors

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

Lewis$222K Wright$128K Cass$121K Stockton$113K Jackson$81K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Wright	$128K*	—	$970	$54,444
Stockton	$113K*	+12.1%†	$960	$47,167
Cass	$121K*	+14.8%†	$1,030	$61,285
Jackson	$81K*	—	$1,030	$50,288
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 Wright buyers, sellers and renters are saying.

Town Square →

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Is Wright still affordable for young families?

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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.