Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Borden

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

Median Home$287,800
Median Rent$1,402/month
Population808
Leading IndustriesTransportation · Retail5% transportation
Home Value Growth+5.4% over 2 years
Family-Friendly22% of residents
Homeowners91% of occupied units
NotableHighly Educated29% bachelor's · 12% graduate · top 10% nationally
NotableHigh Incomes$102k/year · top 16% nationally
Borden
IN

Frequently Asked Questions

What are today's mortgage rates in Borden?

As of today, the 30-year fixed mortgage rate for Borden 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.

View current rates for Borden
What is the median home price in Borden?

The median home value in Borden is $288k. The median monthly rent is $1,402. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Borden?

Home values in Borden have increased 5.4% 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 Borden?

Based on a typical all-in ownership cost of $1,241/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Borden is $102k/year.

Calculate your buying power
What industries drive the economy in Borden?

The largest employment sectors in Borden are public administration (21%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.