Total monthly cost of ownership
Cost to Own a Home in St. Wendel, Indiana
A $268,000 home here costs
$2,178per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $93,500 a year.
A standard mortgage calculator would have told you $1,484. The real number is $693 higher every month, 47% more than the payment most buyers budget for.
Compare Vanderburgh County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for St. Wendel from a five-year rolling sample, and with about 1,120 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Vanderburgh County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
St. Wendel against Vanderburgh County and Indiana
| Measure | St. Wendel | Vanderburgh County |
|---|---|---|
| Median home value | $267,900 | $172,300 |
| Median property tax | $1,641 | $1,420 |
| Effective tax rate | 0.613% | 0.824% |
| Median gross rent | — | $964 |
| Population | 1,120 | 179,908 |
St. Wendel extends across 2 counties. Figures here use Vanderburgh County, where most of its housing sits.
The weather behind that power bill
St. Wendel sits in Vanderburgh County, which averages a high of 88.6°F in its hottest month and a low of 25.5°F in its coldest, with 47.91" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,525 cooling and 4,340 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Vanderburgh County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Vanderburgh County
Full Vanderburgh County cost breakdown · Every county in Indiana
Talk to someone who works this market
These are St. Wendel averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works St. Wendel every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in St. Wendel I already own here and may sell
Common questions
How much does it cost to own a home in St. Wendel?
A $268,000 home in St. Wendel, Indiana costs approximately $2,178 per month with 20% down at 7.4%. That is $1,484 principal and interest, $137 property tax, $114 homeowners insurance, $219 utilities and $223 set aside for maintenance.
What is the property tax rate in St. Wendel?
St. Wendel has an effective property tax rate of 0.613%, based on a median home value of $267,900 and median real estate taxes of $1,641. That is lower than the Vanderburgh County average of 0.824%.
What is the average home price in St. Wendel?
The median owner-occupied home value in St. Wendel, Indiana is $267,900, against $172,300 across Vanderburgh County.
Is it cheaper to rent or buy in St. Wendel?
Rent data is not published for St. Wendel at this level of detail.
What salary do you need to buy a home in St. Wendel?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in St. Wendel, Indiana at today's rate takes a household income of roughly $93,500 a year. That covers the full $2,178 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for St. Wendel, 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.