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Bunker Hill

Learn about the people, housing, costs and businesses in Bunker Hill, Indiana

Median Home$125,000
Median Rent$813/month
Population1,062
Leading IndustriesManufacturing · Retail · Agriculture & Mining10% manufacturing
Home Value Growth⬆⬆⬆+30.9% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners79% of occupied units
NotableAffordable Market$125k median home · lower cost than 82% of the country
Bunker Hill
IN

Frequently Asked Questions

What are today's mortgage rates in Bunker Hill?

As of today, the 30-year fixed mortgage rate for Bunker Hill is approximately 6.976% (7.018% 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 Bunker Hill?

The median home value in Bunker Hill is $125k. The median monthly rent is $813. Annual property taxes average $714. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bunker Hill?

Home values in Bunker Hill have increased 30.9% 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 Bunker Hill?

Based on a typical all-in ownership cost of $722/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bunker Hill is $56k/year.

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What industries drive the economy in Bunker Hill?

The largest employment sectors in Bunker Hill are public administration (24%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.