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Galveston

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

Median Home$156,200
Median Rent$665/month
Population1,250
Leading IndustriesRetail · Manufacturing · Professional Services21% retail
Home Value Growth⬆⬆⬆+31.9% over 2 years
Young Adults24% of residents
Homeowners77% of occupied units
NotableTransit80/100 · excellent transit access
NotableAffordable Market$156k median home · lower cost than 72% of the country
Galveston
IN

Frequently Asked Questions

What are today's mortgage rates in Galveston?

As of today, the 30-year fixed mortgage rate for Galveston is approximately 6.987% (7.029% 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 Galveston?

The median home value in Galveston is $156k. The median monthly rent is $665. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Galveston?

Home values in Galveston have increased 31.9% 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 Galveston?

Based on a typical all-in ownership cost of $799/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Galveston is $63k/year.

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What industries drive the economy in Galveston?

The largest employment sectors in Galveston are retail (21%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.