Measured against area pay, Halbert Township costs less to live in than 96% of U.S. towns
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of Martin County, IN ($69K). How TownRatings grades cost of living
The grade compares costs with what households across Martin County earn ($69K, Census 2020–24). The typical home costs 2.3 years of area income, and 82% of renters pay 30% or more of income for housing.
In dollars
- $1,070a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 2.3 yrsof area income buys the typical home; the typical U.S. town: 3.3$69K, Martin County income
- 16%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 14%of owners do; the typical U.S. town: 20%Census 2020–24
Housing in Halbert Township, in brief
A low property tax rate
Owners pay about 0.44% of a home’s value a year in property tax, against 0.74% across Indiana. The median bill is $688 (Indiana: $1,614). Property taxes ↓
Nearly every household owns
90% of Halbert Township households own their home, against 71% across Indiana. There are only 39 renter households, so rentals are scarce. Property taxes ↓
Written from the data on this page. There’s no Zillow index for Halbert Township, so the typical value is the Census median; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Halbert Township’s grade
Measured against what households in the area earn, Halbert Township is more affordable than 96% of U.S. towns. Rent pulls the grade down most; property tax holds it up.
A typical home costs 2.3 years of area income
The calculator starts from the area income the grade uses. Switch to Halbert Township’s own median, or type yours.
That covers a typical Halbert Township home, with $129K to spare.
A two-bedroom rents for about $1,070 a month here, $190 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Halbert Township’s typical property tax (0.44% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,070
Renters already here pay a median of $889, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Martin County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs below the Indiana norm
The median bill is $688 (Indiana: $1,614), 0.44% of a home’s value 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+”.
Halbert Township vs. its neighbors
Zillow publishes no value for Halbert Township. Spice Valley Township and Northwest Township and Center Township have no Zillow value, so they are in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Halbert Township | A+ | — | $158K | 0.44% | $1,070 |
| Center Township | A+ | — | $117K | 0.63% | $1,060 |
| Shoals | – | $179K | $152K | 0.49% | $1,080 |
| Northwest Township | – | — | $156K | 0.84% | $960 |
| Spice Valley Township | A | — | $172K | 0.56% | $980 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Halbert Township
Is Halbert Township expensive to live in?
Measured against what households in the area earn, Halbert Township costs less than 96% of U.S. towns: an A+ for cost of living. The typical home costs 2.3 years of the median household income of Martin County, IN ($69K).
How much is rent in Halbert Township?
HUD puts a two-bedroom at about $1,070 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $889 (Census 2020–24).
What are property taxes in Halbert Township?
The median bill is $688 a year, 0.44% of the median home value (Indiana: $1,614, 0.74%), from the Census 2020–24.
Neighbors talk housing
What Halbert Township buyers, sellers and renters are saying.
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. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.