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Griffin

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

Median Home$169,800
Median Rent$732/month
Population143
Leading IndustriesWholesale Trade · Retail · Construction18% wholesale trade
Home Value Growth+1.6% over 2 years
Young Adults24% of residents
Homeowners85% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$170k median home · lower cost than 65% of the country
Griffin
IN

Frequently Asked Questions

What are today's mortgage rates in Griffin?

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

The median home value in Griffin is $170k. The median monthly rent is $732. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Griffin?

Home values in Griffin have increased 1.6% over the past two years. The market has been relatively stable. 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 Griffin?

Based on a typical all-in ownership cost of $964/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Griffin is $78k/year.

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What industries drive the economy in Griffin?

The largest employment sectors in Griffin are public administration (21%) and wholesale trade (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.