Total monthly cost of ownership
Cost to Own a Home in Pierceton, Indiana
A $111,000 home here costs
$996per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $571. The real number is $425 higher every month — 74% 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.
Pierceton against Kosciusko County and Indiana
| Measure | Pierceton | Kosciusko County |
|---|---|---|
| Median home value | $110,700 | $200,300 |
| Median property tax | $647 | $1,198 |
| Effective tax rate | 0.584% | 0.598% |
| Median gross rent | $786 | $995 |
| Population | 1,349 | 80,357 |
The weather behind that power bill
Pierceton sits in Kosciusko County, which averages a high of 83.8°F in its hottest month and a low of 16.6°F in its coldest, with 40.54" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 761 cooling and 6,178 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Kosciusko County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Kosciusko County
Full Kosciusko County cost breakdown · Every county in Indiana
Common questions
How much does it cost to own a home in Pierceton?
A $111,000 home in Pierceton, Indiana costs approximately $996 per month with 20% down at 6.66%. That is $571 principal and interest, $54 property tax, $47 homeowners insurance, $231 utilities and $93 set aside for maintenance.
What is the property tax rate in Pierceton?
Pierceton has an effective property tax rate of 0.584%, based on a median home value of $110,700 and median real estate taxes of $647. That is lower than the Kosciusko County average of 0.598%.
What is the average home price in Pierceton?
The median owner-occupied home value in Pierceton, Indiana is $110,700, against $200,300 across Kosciusko County.
Is it cheaper to rent or buy in Pierceton?
Median gross rent in Pierceton is $786 a month, against $996 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 Pierceton — 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.