Benton County, Indiana: What It Costs to Buy a Home
The median home in Benton County is worth $135,400, property taxes on it run about $1,024 a year (0.76%), the FHA loan limit is $541,287. Each number below opens its own page with the source and a calculator.
| Median home value | $135,400 | Title insurance at this price → |
|---|---|---|
| Property taxes (median paid) | $1,024 a year, 0.76% of value | Property tax page → |
| FHA loan limit (1 unit) | $541,287 | Loan limits page → |
| Conforming loan limit (1 unit) | $832,750 | Loan limits page → |
| Transfer tax | None in Indiana | Indiana transfer tax page → |
| Area median income (HUD, family of 4) | $100,000; low-income limit $79,700 | Income limits page → |
Frequently asked questions
How much do homes cost in Benton County?
The median owner-occupied home in Benton County is valued at $135,400, per U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units).
How much are property taxes in Benton County?
The median Benton County homeowner pays $1,024 a year in real estate taxes, about 0.76% of the median home value ($1,074 for homes with a mortgage), per the Census Bureau's American Community Survey.
What is the FHA loan limit in Benton County?
$541,287 for a one-unit home in 2026 (the national floor), per HUD; the conforming limit for Fannie Mae and Freddie Mac loans is $832,750, per FHFA.
What does it cost to close on a home in Benton County?
On the $135,400 median home: no transfer tax in Indiana, about $0 for those items before lender fees, prepaid taxes and insurance.
What is the area median income in Benton County?
HUD's FY 2026 median family income for Benton County (Lafayette-West Lafayette, IN HUD Metro FMR Area) is $100,000. A family of four counts as low income below $79,700 under HUD's 80% tier (adjusted for local housing costs, so it can sit above 80% of the median), which is the line many first-time buyer assistance programs use.
Nearby Indiana counties
- Adams County $173,100
- Allen County $194,300
- Bartholomew County $221,100
- Blackford County $96,700
- Boone County $341,800
- Brown County $242,500
Sources
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units)
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25103 (median real estate taxes paid)
- HUD, FHA forward mortgage loan limits for calendar year 2026 (CHUMS county limits file, Mortgagee Letter 2025-23)
- FHFA, conforming loan limits for mortgages acquired in calendar year 2026, by county
Figures are computed from the documents above and rounded to the dollar. All sources.
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General information, not financial, tax or legal advice. Figures are medians and schedule computations, not quotes.
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