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Ambia

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

Median Home$142,800
Median Rent$930/month
Population226
Leading IndustriesConstruction · Agriculture & Mining · Transportation20% construction
Home Value Growth⬆⬆+12.1% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners83% of occupied units
Ambia
IN

Frequently Asked Questions

What are today's mortgage rates in Ambia?

As of today, the 30-year fixed mortgage rate for Ambia is approximately 7.059% (7.101% 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 Ambia?

The median home value in Ambia is $143k. The median monthly rent is $930. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ambia?

Home values in Ambia have increased 12.1% over the past two years. This indicates a strong appreciation trend. 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 Ambia?

Based on a typical all-in ownership cost of $909/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ambia is $76k/year.

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What industries drive the economy in Ambia?

The largest employment sectors in Ambia are agriculture and mining (20%) and construction (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.