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Avilla

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

Median Home$237,000
Median Rent$772/month
Population2,339
Leading IndustriesManufacturing · Agriculture & Mining · Retail6% manufacturing
Home Value Growth⬆⬆+20.4% over 2 years
Retirees27% of residentsabove average nationally
Homeowners84% of occupied units
NotableHigh Incomes$96k/year · top 20% nationally
Avilla
IN

Frequently Asked Questions

What are today's mortgage rates in Avilla?

As of today, the 30-year fixed mortgage rate for Avilla is approximately 6.985% (7.024% 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 Avilla?

The median home value in Avilla is $237k. The median monthly rent is $772. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Avilla?

Home values in Avilla have increased 20.4% 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 Avilla?

Based on a typical all-in ownership cost of $965/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Avilla is $96k/year.

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What industries drive the economy in Avilla?

The largest employment sectors in Avilla are public administration (21%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.