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Berne

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

Median Home$152,701
Median Rent$830/month
Population4,088
Leading IndustriesRetail · Public Administration · Manufacturing24% retail
Home Value Growth+2.6% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners74% of occupied units
NotableAffordable Market$153k median home · lower cost than 73% of the country
Berne
IN

Frequently Asked Questions

What are today's mortgage rates in Berne?

As of today, the 30-year fixed mortgage rate for Berne is approximately 7.263% (7.313% 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 Berne?

The median home value in Berne is $153k. The median monthly rent is $830. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Berne?

Home values in Berne have increased 2.6% over the past two years. The market has been relatively stable. 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 Berne?

Based on a typical all-in ownership cost of $887/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Berne is $66k/year.

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What industries drive the economy in Berne?

The largest employment sectors in Berne are public administration (28%) and retail (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.