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Bruceville

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

Median Home$215,276
Median Rent$877/month
Population450
Leading IndustriesRetail · Public Administration · Manufacturing18% retail
Home Value Growth⬆⬆+17.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners81% of occupied units
NotableTransit88/100 · excellent transit access
Bruceville
IN

Frequently Asked Questions

What are today's mortgage rates in Bruceville?

As of today, the 30-year fixed mortgage rate for Bruceville is approximately 7.005% (7.045% 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 Bruceville?

The median home value in Bruceville is $215k. The median monthly rent is $877. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bruceville?

Home values in Bruceville have increased 17.3% 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 Bruceville?

Based on a typical all-in ownership cost of $1,149/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bruceville is $82k/year.

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What industries drive the economy in Bruceville?

The largest employment sectors in Bruceville are public administration (27%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.