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Kennard

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

Median Home$156,400
Median Rent$838/month
Population418
Leading IndustriesConstruction · Agriculture & Mining · Retail8% construction
Home Value Growth+9.7% over 2 years
Retirees26% of residentsabove average nationally
Homeowners86% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$156k median home · lower cost than 71% of the country
Kennard
IN

Frequently Asked Questions

What are today's mortgage rates in Kennard?

As of today, the 30-year fixed mortgage rate for Kennard is approximately 7.058% (7.099% 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 Kennard?

The median home value in Kennard is $156k. The median monthly rent is $838. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kennard?

Home values in Kennard have increased 9.7% 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 Kennard?

Based on a typical all-in ownership cost of $755/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kennard is $66k/year.

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What industries drive the economy in Kennard?

The largest employment sectors in Kennard are public administration (17%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.