Measured against area pay, Floyds Knobs costs less to live in than 94% of U.S. towns
It ranks #65 of 592 in Indiana for affordability. Up 3.3% in a year, 56% above the Indiana typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against Floyds Knobs’s own median household income ($126K). How TownRatings grades cost of living
The grade compares costs with what households across Floyds Knobs earn ($126K, Census 2020–24). The typical home costs 2.9 years of area income, and 30% of renters pay 30% or more of income for housing.
In dollars
- $402Ktypical home, 56% above the Indiana typical homeZillow, September 2026
In paychecks the grade
- 2.9 yrsof area income buys the typical home; the typical U.S. town: 3.3$126K, Floyds Knobs income
- 11%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 16%of owners do; the typical U.S. town: 20%Census 2020–24
What Floyds Knobs’ housing numbers say
Nearly every household owns
90% of Floyds Knobs households own their home, against 71% across Indiana. There are only 154 renter households, so rentals are scarce. Property taxes ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Floyds Knobs’ grade
Measured against what households in the area earn, Floyds Knobs is more affordable than 94% of U.S. towns, #65 of 592 in Indiana. Home prices pull the grade down most; rent holds it up.
Prices here have kept pace with Indiana: up 23.8% in five years, against 28.7% statewide (Zillow).
Up 23.8% in five years
Slower than Indiana (28.7%).
Show as a table
| January | Floyds Knobs | Indiana |
|---|---|---|
| 2017 | $240,000 | $133,000 |
| 2018 | $250,000 | $142,000 |
| 2019 | $263,000 | $152,000 |
| 2020 | $278,000 | $162,000 |
| 2021 | $302,000 | $180,000 |
| 2022 | $333,000 | $207,000 |
| 2023 | $353,000 | $224,000 |
| 2024 | $365,000 | $234,000 |
| 2025 | $378,000 | $246,000 |
| 2026 | $397,000 | $253,000 |
| September 2026 | $402,000 | $257,000 |
A typical Floyds Knobs home worth $232K in October 2016 is worth about $402K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A year’s rent takes 11% of area income
The calculator starts from the area income the grade uses. Switch to Floyds Knobs’s own median, or type yours.
That covers a typical Floyds Knobs home, with $110K to spare.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Floyds Knobs’s typical property tax (0.61% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
Renters pay a median $1,169 a month
HUD doesn’t publish rents for this area.
Median rent and renters: U.S. Census Bureau, American Community Survey.
High tax bills, but a low tax rate
The median bill is $2,257 (Indiana: $1,614), because homes cost more. As a share of value it’s 0.61% a year, against 0.74% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Floyds Knobs vs. its neighbors
Of the 1 towns here with a Zillow value, Floyds Knobs has the lowest. Lafayette Township and New Albany Township have no Zillow value, so they are in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Floyds Knobs | A | $402K | $373K | 0.61% | — |
| Lafayette Township | B− | — | $364K | 0.63% | $1,420 |
| New Albany Township | B | — | $217K | 0.73% | $1,270 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Floyds Knobs
Is Floyds Knobs expensive to live in?
Measured against what households in the area earn, Floyds Knobs costs less than 94% of U.S. towns: an A for cost of living, #65 of 592 in Indiana. The typical home costs 2.9 years of Floyds Knobs’s own median household income ($126K).
How much does a house cost in Floyds Knobs?
About $402K, Zillow’s typical value for September 2026, up 3.3% in a year. The Indiana typical home is $257K.
What salary do you need to live in Floyds Knobs?
To buy the typical home with 20% down at 6.3%, about $99,000 a year, keeping the payment (about $2,310 a month with tax and insurance) at 28% of income.
How much is rent in Floyds Knobs?
Renters already here pay a median of $1,169 (Census 2020–24).
What are property taxes in Floyds Knobs?
The median bill is $2,257 a year, 0.61% of the median home value (Indiana: $1,614, 0.74%), from the Census 2020–24.
Are home prices in Floyds Knobs going up?
Yes: up 3.3% in the past year and 23.8% in five years, against 28.7% across Indiana (Zillow).
Neighbors talk housing
What Floyds Knobs buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.