Photo: User:Vmenkov · CC BY-SA 3.0Measured against area pay, Perry Township costs more to live in than 88% of U.S. towns
Home prices around Perry Township have risen about 41% over the past 5 years.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Bloomington, IN metro area ($66K). How TownRatings grades cost of living
The grade compares costs with what households across the Bloomington metro earn ($66K, Census 2020–24). Even so, the typical home costs 5.0 years of metro income, and 56% of renters pay 30% or more of income for housing.
In dollars
- $1,190a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 95prices across the Bloomington metro, where the U.S. is 100 (housing 86)BEA Regional Price Parities, 2024
In paychecks the grade
- 5.0 yrsof area income buys the typical home; the typical U.S. town: 3.3$66K, Bloomington-area income
- 22%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 56%of renters pay 30%+ of income for housing; across Indiana: 48%Census 2020–24
- 16%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Perry Township
What’s behind Perry Township’s grade
Measured against what households in the area earn, Perry Township is more affordable than 12% of U.S. towns, #591 of 592 in Indiana. The share of households paying 30%+ for housing pulls the grade down most; property tax holds it up.
Home prices up 41% in 5 years
The federal house price index for the ZIP codes around Perry Township rose 41% over the past 5 years, slower than across Indiana (53%). Last year prices rose 1.1%. Carrying the Census median home value forward with that index puts the typical Perry Township home at roughly $359,000 today.
Carrying the Census median forward with the index puts a typical home at about $359K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Perry Township, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 5.0 years of area income
The calculator starts from the area income the grade uses. Switch to Perry Township’s own median, or type yours.
That’s $98K short of a typical Perry Township home.
A two-bedroom rents for about $1,190 a month here, $930 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Perry Township’s typical property tax (0.78% 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 $1,190
Renters already here pay a median of $1,222.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Bloomington, 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.
Property tax runs above the Indiana norm
The median bill is $2,567 (Indiana: $1,614), 0.78% 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+”.
The rest of a budget near Perry Township
Only figures published free for the whole country, each labeled with the area it covers: the Bloomington, IN metro area, or Indiana. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 95 | IN 93 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 94 | IN 96 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 87 | IN 86 | metro | BEA, 2024 |
| Other services U.S. = 100 | 99 | IN 99 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Perry Township vs. its neighbors
Zillow publishes no value for Perry Township. Salt Creek Township and Bloomington Township and Clear Creek Township and Van Buren 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 |
|---|---|---|---|---|---|
| Perry Township | D | — | $327K | 0.78% | $1,190 |
| Van Buren Township | B | — | $231K | 0.61% | $1,110 |
| Clear Creek Township | B | — | $256K | 0.56% | $1,170 |
| Salt Creek Township | C− | — | $333K | 0.92% | $1,240 |
| Bloomington Township | C | — | $286K | 0.67% | $1,220 |
“—” 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 Perry Township
Is Perry Township expensive to live in?
Measured against what households in the area earn, Perry Township costs more than 88% of U.S. towns: a D for cost of living. The typical home costs 5.0 years of the median household income of the Bloomington, IN metro area ($66K).
How much is rent in Perry Township?
HUD puts a two-bedroom at about $1,190 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,222 (Census 2020–24).
What are property taxes in Perry Township?
The median bill is $2,567 a year, 0.78% of the median home value (Indiana: $1,614, 0.74%), from the Census 2020–24.
Neighbors talk housing
What Perry 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. Price trend: Federal Housing Finance Agency House Price Index. 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.