Cost of Living in Goshen

Goshen's cost of living runs genuinely affordable relative to several of this project's other Indiana Tier B markets, with a property tax rate that runs the highest among Elkhart County cities reviewed this pass.

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A real, disclosed home-value spread

Goshen's home-value figures carry a real, disclosed cross-source spread: one source cited approximately $275,119, while a separate source cited a lower approximately $206,000, alongside approximately 63% owner-occupied / 37% renter-occupied housing.

Elkhart County's highest municipal property tax rate

Goshen's effective property tax rate ran 1.09% per Ownwell -- the highest among Elkhart County cities reviewed this pass, above the county's own 0.95% median -- resulting in approximately $2,200 typical annual tax on a median-priced home.

Elkhart County's local income tax layer

Elkhart County's flat 1.50% local income tax (residents) combines with Indiana's 2.95% flat state rate to approximately 4.45% total -- the same combined rate documented for Lake County's Merrillville and Crown Point elsewhere in this batch, via a different county-rate structure.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.