Total monthly cost of ownership
Cost to Own a Home in Attica, Indiana
A $116,000 home here costs
$1,041per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $596. The real number is $445 higher every month — 75% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Attica against Fountain County and Indiana
| Measure | Attica | Fountain County |
|---|---|---|
| Median home value | $116,300 | $133,200 |
| Median property tax | $810 | $820 |
| Effective tax rate | 0.696% | 0.616% |
| Median gross rent | $695 | $837 |
| Population | 3,221 | 16,546 |
The weather behind that power bill
Attica sits in Fountain County, which averages a high of 83.7°F in its hottest month and a low of 15.7°F in its coldest, with 40.08" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 864 cooling and 6,020 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Fountain County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fountain County
Full Fountain County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Attica?
A $116,000 home in Attica, Indiana costs approximately $1,041 per month with 20% down at 6.66%. That is $596 principal and interest, $67 property tax, $49 homeowners insurance, $231 utilities and $97 set aside for maintenance.
What is the property tax rate in Attica?
Attica has an effective property tax rate of 0.696%, based on a median home value of $116,300 and median real estate taxes of $810. That is higher than the Fountain County average of 0.616%.
What is the average home price in Attica?
The median owner-occupied home value in Attica, Indiana is $116,300, against $133,200 across Fountain County.
Is it cheaper to rent or buy in Attica?
Median gross rent in Attica is $695 a month, against $1,041 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Attica — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.