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Alexandria

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

Median Home$119,232
Median Rent$783/month
Population5,217
Leading IndustriesRetail · Public Administration21% retail
Home Value Growth+4.0% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners72% of occupied units
NotableAffordable Market$119k median home · lower cost than 85% of the country
Alexandria
IN

Frequently Asked Questions

What are today's mortgage rates in Alexandria?

As of today, the 30-year fixed mortgage rate for Alexandria is approximately 7.030% (7.074% 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 Alexandria?

The median home value in Alexandria is $119k. The median monthly rent is $783. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alexandria?

Home values in Alexandria have increased 4.0% 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 Alexandria?

Based on a typical all-in ownership cost of $855/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alexandria is $71k/year.

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What industries drive the economy in Alexandria?

The largest employment sectors in Alexandria are public administration (28%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.