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Aberdeen

Learn about the people, housing, costs and businesses in Aberdeen, Indiana

Median Home$359,895
Median Rent$1,856/month
Population1,960
Leading IndustriesRetail · Education · Arts, Food & Hospitality21% retail
Home Value Growth+8.3% over 2 years
Retirees22% of residentsnear the national average
Homeowners90% of occupied units
NotableHigh Incomes$134k/year · top 6% nationally
NotableHighly Educated29% bachelor's · 17% graduate · top 10% nationally
Aberdeen
IN

Frequently Asked Questions

What are today's mortgage rates in Aberdeen?

As of today, the 30-year fixed mortgage rate for Aberdeen is approximately 6.905% (6.941% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Aberdeen?

The median home value in Aberdeen is $360k. The median monthly rent is $1,856. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Aberdeen?

Home values in Aberdeen have increased 8.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Aberdeen?

Based on a typical all-in ownership cost of $1,732/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Aberdeen is $134k/year.

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What industries drive the economy in Aberdeen?

The largest employment sectors in Aberdeen are retail (21%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.