Total monthly cost of ownership
Cost to Own a Home in Clinton, Indiana
A $97,000 home here costs
$913per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $499. The real number is $415 higher every month — 83% 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.
Clinton against Vermillion County and Indiana
| Measure | Clinton | Vermillion County |
|---|---|---|
| Median home value | $96,800 | $109,500 |
| Median property tax | $735 | $789 |
| Effective tax rate | 0.759% | 0.721% |
| Median gross rent | $806 | $785 |
| Population | 4,814 | 15,452 |
The weather behind that power bill
Clinton sits in Vermillion County, which averages a high of 85.8°F in its hottest month and a low of 17.2°F in its coldest, with 47.43" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 917 cooling and 5,635 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Vermillion County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Vermillion County
Full Vermillion County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Clinton?
A $97,000 home in Clinton, Indiana costs approximately $913 per month with 20% down at 6.66%. That is $499 principal and interest, $61 property tax, $41 homeowners insurance, $231 utilities and $81 set aside for maintenance.
What is the property tax rate in Clinton?
Clinton has an effective property tax rate of 0.759%, based on a median home value of $96,800 and median real estate taxes of $735. That is higher than the Vermillion County average of 0.721%.
What is the average home price in Clinton?
The median owner-occupied home value in Clinton, Indiana is $96,800, against $109,500 across Vermillion County.
Is it cheaper to rent or buy in Clinton?
Median gross rent in Clinton is $806 a month, against $913 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 Clinton — 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.