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Decker

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

Median Home$214,400
Median Rent$610/month
Population200
Leading IndustriesEducation · Retail · Manufacturing6% education
Home Value Growth⬆⬆+12.0% over 2 years
Retirees40% of residentstop 2% nationally
Homeowners72% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
Decker
IN

Frequently Asked Questions

What are today's mortgage rates in Decker?

As of today, the 30-year fixed mortgage rate for Decker is approximately 6.920% (6.957% 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 Decker?

The median home value in Decker is $214k. The median monthly rent is $610. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Decker?

Home values in Decker have increased 12.0% 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 Decker?

Based on a typical all-in ownership cost of $823/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Decker is $69k/year.

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What industries drive the economy in Decker?

The largest employment sectors in Decker are retail (23%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.