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Deer Creek

Learn about the people, housing, costs and businesses in Deer Creek, Indiana

Median Home$147,700
Median Rent$686/month
Population121
Leading IndustriesRetail · Transportation · Construction25% retail
Home Value Growth⬆⬆⬆+25.6% over 2 years
Retirees21% of residentsnear the national average
Homeowners88% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableTransit79/100 · excellent transit access
Deer Creek
IN

Frequently Asked Questions

What are today's mortgage rates in Deer Creek?

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

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What is the median home price in Deer Creek?

The median home value in Deer Creek is $148k. The median monthly rent is $686. Annual property taxes average $794. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Deer Creek?

Home values in Deer Creek have increased 25.6% 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 Deer Creek?

Based on a typical all-in ownership cost of $723/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 Deer Creek is $65k/year.

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What industries drive the economy in Deer Creek?

The largest employment sectors in Deer Creek are retail (25%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.