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Fontanet

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

Median Home$218,200
Median Rent$837/month
Population337
Leading IndustriesRetail · Education14% retail
Home Value Growth+7.6% over 2 years
Young Adults34% of residentswell above average
Homeowners88% of occupied units
NotableHighly Educated24% hold a bachelor's degree · top 21% nationally
Fontanet
IN

Frequently Asked Questions

What are today's mortgage rates in Fontanet?

As of today, the 30-year fixed mortgage rate for Fontanet 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 Fontanet?

The median home value in Fontanet is $218k. The median monthly rent is $837. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fontanet?

Home values in Fontanet have increased 7.6% over the past two years. This represents moderate growth. 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 Fontanet?

Based on a typical all-in ownership cost of $856/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fontanet is $73k/year.

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What industries drive the economy in Fontanet?

The largest employment sectors in Fontanet are public administration (25%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.