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Boswell

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

Median Home$142,800
Median Rent$930/month
Population797
Leading IndustriesConstruction · Agriculture & Mining · Transportation20% construction
Home Value Growth⬆⬆+12.1% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners83% of occupied units
Boswell
IN

Frequently Asked Questions

What are today's mortgage rates in Boswell?

As of today, the 30-year fixed mortgage rate for Boswell is approximately 7.067% (7.112% 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 Boswell?

The median home value in Boswell 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 Boswell?

Home values in Boswell 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 Boswell?

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 Boswell is $76k/year.

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What industries drive the economy in Boswell?

The largest employment sectors in Boswell 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.