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Leo-Cedarville

Learn about the people, housing, costs and businesses in Leo-Cedarville, Indiana

Median Home$351,945
Median Rent$1,223/month
Population3,698
Leading IndustriesRetail · Wholesale Trade · Public Administration19% retail
Home Value Growth⬆⬆+17.9% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners94% of occupied units
NotableHigh Incomes$116k/year · top 10% nationally
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
Leo-Cedarville
IN

Frequently Asked Questions

What are today's mortgage rates in Leo-Cedarville?

As of today, the 30-year fixed mortgage rate for Leo-Cedarville is approximately 6.909% (6.946% 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 Leo-Cedarville?

The median home value in Leo-Cedarville is $352k. The median monthly rent is $1,223. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Leo-Cedarville?

Home values in Leo-Cedarville have increased 17.9% 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 Leo-Cedarville?

Based on a typical all-in ownership cost of $1,371/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $59k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Leo-Cedarville is $116k/year.

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What industries drive the economy in Leo-Cedarville?

The largest employment sectors in Leo-Cedarville are public administration (26%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.