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Howe

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

Median Home$177,100
Median Rent$857/month
Population629
Leading IndustriesRetail · Transportation33% retail
Home Value Growth⬆⬆+15.4% over 2 years
Family-Friendly29% of residentswell above average
Homeowners79% of occupied units
Howe
IN

Frequently Asked Questions

What are today's mortgage rates in Howe?

As of today, the 30-year fixed mortgage rate for Howe is approximately 6.958% (6.999% 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 Howe?

The median home value in Howe is $177k. The median monthly rent is $857. Annual property taxes average $778. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Howe?

Home values in Howe have increased 15.4% 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 Howe?

Based on a typical all-in ownership cost of $933/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Howe is $73k/year.

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What industries drive the economy in Howe?

The largest employment sectors in Howe are retail (33%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.