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Larwill

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

Median Home$189,700
Median Rent$774/month
Population268
Leading IndustriesRetail · Construction · Agriculture & Mining38% retail
Home Value Growth⬆⬆+15.0% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners85% of occupied units
Larwill
IN

Frequently Asked Questions

What are today's mortgage rates in Larwill?

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

The median home value in Larwill is $190k. The median monthly rent is $774. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Larwill?

Home values in Larwill have increased 15.0% 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 Larwill?

Based on a typical all-in ownership cost of $963/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 Larwill is $62k/year.

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What industries drive the economy in Larwill?

The largest employment sectors in Larwill are retail (38%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.